Gulf Capital’s SANTECHTURE secures investment from CorroHealth to boost AI in GCC healthcare

UAE—Gulf Capital, one of the largest private equity firms in the Gulf Cooperation Council (GCC) region, which invests across Asia, has announced a strategic investment by global healthcare technology leader CorroHealth into its portfolio company, SANTECHTURE.

Based in Dubai, SANTECHTURE is a pioneering provider of intelligent revenue cycle management (RCM) technology solutions for the healthcare sector.

This investment merges CorroHealth’s advanced artificial intelligence (AI) capabilities with SANTECHTURE’s sophisticated RCM solutions, empowering healthcare providers across the GCC with cutting-edge technology designed to maximize return on investment (ROI).

 The partnership formalizes a productive collaboration that has been ongoing for over two years, during which both companies successfully completed multiple proofs of concept for SANTECHTURE’s clients.

Earlier this year, in January 2025, SANTECHTURE and CorroHealth co-hosted a reception at the Arab Health conference, focusing on innovation in AI and revenue cycle management, to highlight their shared commitment to advancing healthcare technology in the region.

SANTECHTURE, backed by Gulf Capital and Shorooq Partners, has experienced a rapid increase in demand for its deep-tech RCM solutions throughout the GCC and neighboring markets.

This partnership is expected to accelerate innovation and value creation further, supporting healthcare providers in their digital transformation journeys.

Pat Leonard, CEO of CorroHealth, described the investment as an exciting step forward, emphasizing how combining CorroHealth’s AI expertise with a strong local partner like SANTECHTURE brings unparalleled RCM capabilities to the region.

He noted that this collaboration will help protect hospitals’ financial health and secure their future stability.

Anas Batikhi, Founder and CEO of SANTECHTURE, expressed enthusiasm about integrating their unique solutions with CorroHealth’s AI-driven innovations.

He highlighted their joint focus on intelligent automation to reduce costs and improve revenue outcomes for clients, reinforcing their leadership in RCM digital transformation.

Mohammad Madani, Managing Director at Gulf Capital, praised the partnership as a landmark milestone validating SANTECHTURE’s position as a leader in intelligent RCM solutions across the GCC.

He expressed confidence that this collaboration will unlock significant value for healthcare providers in the region.

Bilal Mushtaq, CorroHealth’s Executive Vice President of Global Growth and Strategy for the GCC market, described the investment as a pivotal move in their growth strategy.

He emphasized that this partnership is more than a collaboration; it is a shared vision to deliver excellence in revenue cycle management and drive innovation in the healthcare sector.

CorroHealth, headquartered in Plano, Texas, is a global provider of healthcare analytics and technology solutions, serving physicians, hospitals, and health plans across more than 10 locations worldwide, including the US, India, and the UK.

SANTECHTURE, founded in 2019, operates across the GCC, Saudi Arabia, India, and Egypt, offering AI-based and cloud solutions that support diverse billing and coding systems to enhance the financial performance of healthcare providers.

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