Healthcare Industry Financial Solutions

Few industries in our society play as critical and complex a role as healthcare. The scope and impact of this sector, along with the range of services it provides, make it unique within our economy. Like many providers within the healthcare industry who demonstrate specialized expertise, the financial service needs of healthcare organizations also require a specialized approach. That's where the healthcare financial solutions team at People's United Bank can make the difference.

Our dedicated professionals offer a fresh look at the needs of each organization – whether it's a hospital, a skilled nursing facility, or an ambulatory operator. We'll take the time to understand the variables involved, and offer a customized, long-view solution based on financial and industry knowledge.

Founded in 1842, People's United Bank is a premier, community-based, regional bank in the Northeast. With great people, great products, and a network of over 400 branches, we are uniquely positioned to serve the Northeastern healthcare industry.

We offer products and services that are well-suited to the unique needs of the healthcare industry.

Financing1

Overseeing the growth and operations of a healthcare organization requires vision and planning. Whether your organization's need is refinancing, real estate financing for facility innovation and expansion, or medical equipment and technology financing, we will structure a program that helps fuel your success.

Our healthcare lending experts understand the funding needs of the industry, and can draw from a wide product portfolio such as credit lines, commercial mortgages, tax-exempt leases and loans, and letters of credit.

Treasury Management2

Given the industry's complex cash flow process, the timely collection of receivables and disbursement of payments is critical to both liquidity and investment. An intricate knowledge of functions such as medical payment processing, and reimbursements is required to ensure that funds are being optimized.

Our healthcare treasury management experts will develop a plan that will put your funds to work where they will do the most good for your organization.  You'll benefit from online payable tools that address ACH and wire transfers, account reconciliation and fraud protection. Through receivable solutions including card payment processing, remote deposit capture and escrow sub-account reporting, we'll assist your organization in managing funds efficiently.

Insurance3

At the consumer level, the connection between the healthcare and insurance industries cannot be overstated. But, even the largest healthcare providers require protection against risk, unforeseen occurrences and costly litigation.

People's United Insurance Agency specializes in commercial insurance.  Our healthcare industry insurance experts  understand the unique factors that hospitals and other medical service providers face every day. With years of experience in providing property & casualty policies and risk management services for both healthcare facilities and medical professionals, our healthcare solutions team will craft a coverage package that suits your organization's needs.

Personal Banking

Healthcare providers, like most professionals, require services that provide the best opportunities to pursue long-term financial objectives. Whether it's a small practice in need of a business succession plan or a growing hospital with evolving retirement plan needs for healthcare workers, the healthcare financial solutions team at People's United Bank understands the demands and time constraints placed on medical staff. That's why our Private Bankers specialize in serving the needs of healthcare professionals.

In addition, for busy healthcare workers with varied schedules, our WorkPlace Banking  program offers a package of benefits designed to simplify their financial lives – without having to visit a bank lobby.   Offering experience and know-how, our team of personal banking experts will help you pursue your financial goals and simplify your financial life.

To learn more, contact:

For All Commercial Banking Needs 

Matthew Huber
Market Manager - Healthcare Financial Services
(315) 440-7780
matthew.huber@peoples.com


For Insurance

Robert O'Connor
203-338-7926
robert.oconnor@peoples.com


For Treasury Management

Mary Lonczak
802-786-5626
mary.lonczak@peoples.com

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