Inworks & U.S. Bank Join Forces to Improve Payment Automation, Provide Greater Access to Working Capital for Hospitals & Heal...
June 24 2019 - 8:00AM
Business Wire
Inworks, a full-service AP
automation company, and U.S. Bank are working together to help
hospitals and healthcare systems improve processing payments to
suppliers, physicians, insurance companies and patients. This
collaboration will deliver financial technology that simplifies
business-to-business healthcare payments, creating new efficiencies
and improving access to working capital for hospitals and
healthcare companies.
The alliance brings together Inworks’ Intelligent Pay platform
with U.S. Bank Virtual Pay Visa card payments to offer healthcare
organizations a premier technology platform specifically designed
for healthcare payments, and banking expertise from one of the
nation’s leading and most trusted financial services
institutions.
“We’re pleased to be working with U.S. Bank, which has extensive
relationships with healthcare companies that may benefit from the
services Inworks provides,” said Don Carlson, CEO of Inworks.
“Likewise, our relationship with U.S. Bank and Visa gives current
Inworks customers a trusted choice in paying suppliers.”
Inworks Intelligent Pay platform streamlines the payment process
by allowing healthcare organizations and their suppliers to
electronically submit, track and manage payments through a complete
range of payment options and capabilities that now includes U.S.
Bank Virtual Pay.
“U.S. Bank has a long history of serving the banking and finance
needs of healthcare organizations. We understand the complexity
that our customers in healthcare must manage. Our goal is to make
it easier for more hospitals and healthcare systems to gain the
efficiency and financial benefits of electronic payments,” said
Nicole Tackett, senior vice president for U.S. Bank Corporate
Payment Systems.
About Inworks Inworks Intelligent Pay is a full-service
electronic payables and invoice automation company. It is headed by
healthcare, banking, business, and accounting professionals, and is
founded on more than 30 years of electronic transactions expertise.
The company's Web-based payment solutions provide a highly secure
and reliable vehicle for electronic transactions and allow
hospitals and healthcare systems to maximize their working capital
while building stronger relationships with their suppliers,
physicians, and patients.
About U.S. Bank U.S.
Bancorp, with 74,000 employees and $476 billion in assets as of
March 31, 2019, is the parent company of U.S. Bank, the
fifth-largest commercial bank in the United States. The
Minneapolis-based bank blends its relationship teams, branches and
ATM network with mobile and online tools that allow customers to
bank how, when and where they prefer. U.S. Bank is committed to
serving its millions of retail, business, wealth management,
payment, commercial and corporate, and investment services
customers across the country and around the world as a trusted
financial partner, a commitment recognized by the Ethisphere
Institute naming the bank a 2019 World’s Most Ethical Company.
Visit U.S. Bank at www.usbank.com or follow on social media to stay
up to date with company news.
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version on businesswire.com: https://www.businesswire.com/news/home/20190624005091/en/
Dana Stone, U.S. Bank Public Affairs & Communications
651-435-7908 office, 720-778-6667 mobile, dana.stone@usbank.com
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