Huntington Bancshares invested in Veuu

Huntington Bancshares Incorporated has invested in Veuu to develop artificial intelligence-based solutions to revenue cycle challenges common within the healthcare industry. The investment brings together Huntington’s healthcare banking experience and Veuu’s AI expertise. “For years, we’ve heard from our physician and hospital clients about the difficulties they experience with the revenue cycle and limitations to working capital financing, so we decided to team up with Veuu to develop solutions that address the complex root cause: medical coding errors,” said Dan Storer, Huntington’s senior managing director of healthcare banking. “No single stakeholder in healthcare can solve the downstream consequences like claim denials and expensive financing options-not the providers, payors, government, technology companies or financial institutions. These digital innovations require collaboration and strong partnership, and our relationship with Veuu strategically positions us to be able to tackle many of these challenges.”