Healthcare is one of the fastest growing industry sectors targeted by financial institutions. Financial Institutions recognize that if they can meet the healthcare market's need, they have the opportunity to secure a significant share of the $1.8 trillion that flows through the healthcare industry, an amount greater than 15% of the national GDP.

Through a strategic alliance, Remettra provides financial institutions (ODFIs) with a comprehensive solution that successfully addresses the accounts payable problems inherent in the healthcare industry. Remettra's services enable financial institutions to retain their current clients who need a HIPAA-ready solution (please see the Official NCVHS letter to HHS concerning HIPAA's effect on Financial Institutions) and secure new health plan clients by having a cost-effective healthcare payment and remittance advice distribution solution.

Furthermore, Remettra expedites the financial institution's time to market without changing existing technology, contracts, policies or operational practices. Remettra's unique payment and remittance processing system effectively addresses the challenges faced by ODFIs and the needs of entities in the healthcare market.