Boston, MA, USA
June 12, 2007

Celent Launches Healthcare Banking Research Service

Report Published by Celent

Celent, a Boston-based financial research and consulting firm, is launching a new research service: Healthcare Banking. The research will examine the role that financial institutions and technology providers can play as change agents in the healthcare industry. Change is an imperative as the industry grapples with spiraling costs, and Celent believes that a new league of players will contribute significantly to industry improvements. Celent's unique research and advisory service will help financial institutions and technology providers stay abreast of industry trends, seize opportunities, and monitor the competitive playing field.

The first report in the service, Healthcare Transactions: What's in the Forecast for Financial Institutions?, is now available.

"Over the past five years financial institutions have awoken to the role they have to play in eradicating inefficiencies in healthcare transaction processing," says Alenka Grealish, Managing Director of Celent's Banking Group. "Moreover, as the healthcare industry increasingly shifts to a consumer-directed model, financial institutions are poised to play a critical intermediary role facilitating and expediting payments."

Celent has already explored several important developments that illustrate financial institutions' increasing role in the healthcare industry. In a previous Celent report, Health Savings Accounts: How will the Stars Align, Celent advised financial institutions on how to capitalize on the growing health savings account (HSA) market. Celent also analyzed the use of prepaid cards in the healthcare industry in the report Flexible Spending Accounts, Flexible Cards.

Celent's new research service will delve further into healthcare banking with a series of reports, each including analysis and valuable advice for financial institutions and vendors exploring the industry. Celent's inaugural Healthcare Banking report, Healthcare Transactions: What's in the Forecast for Financial Institutions, focuses on financial institutions that are making efficiency in-roads in handling third party payments for healthcare providers.

The next three reports to be published under this service will be:

  • Shifting Stakeholders and Change Agents in Healthcare Transaction Processing
  • Insights into Healthcare Transactions: A Survey of Healthcare Providers
  • HSAs: Moving Beyond the Growing Pains

To learn more about this new service, please contact Steve Nawrocki at snawrocki@celent.com or +1.617.262.3128.

 

About Celent

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is part of Marsh & McLennan Companies [NYSE: MMC].

Media Contacts

New York - Dana Lautin
dlautin@celent.com
Tel.: +1 646 364 8254

Paris - Muriel de Munck
mdemunck@celent.com
Tel.: +33 1 42 61 06 88

Tokyo - KyongSun Kong
kkong@celent.com
Tel.: +81 3 3571 7104