Citizens Financial Group Partners with Distalmotion for Innovative Surgical Financing Solutions
- Citizens Financial Group partners with Distalmotion to provide financing for the DEXTER® Robotic Surgery System.
- The collaboration aims to enhance access to advanced surgical technologies for healthcare providers.
- Citizens Financial Group supports outpatient surgical innovations through tailored financial solutions for hospitals and surgical centers.
Innovative Financing for Surgical Advancements: Citizens Financial Group Partners with Distalmotion
In a significant development for the healthcare financing sector, Distalmotion, a leading MedTech innovator from Lausanne, Switzerland, announces a new financing initiative in collaboration with First Citizens Bank's Healthcare Equipment Finance group. This partnership aims to facilitate hospitals, ambulatory surgical centers, and other healthcare providers in acquiring the DEXTER® Robotic Surgery System, which is designed to enhance outpatient surgical capabilities. By offering flexible lending and leasing solutions, the program caters to the growing demand for advanced surgical technologies in outpatient settings, reflecting a pivotal shift in healthcare delivery.
As the healthcare industry moves increasingly towards outpatient services, the collaboration between Distalmotion and First Citizens Bank becomes particularly relevant. Distalmotion's CEO, Greg Roche, emphasizes that this partnership enables the company to meet the rising demand for the DEXTER® system by providing financing options that transcend traditional cash purchases. This innovative approach not only makes advanced surgical solutions more accessible to healthcare providers but also aligns with the broader trend of adopting outpatient procedures that prioritize efficiency and patient convenience. The financing program is poised to bridge the gap between cutting-edge medical technology and the financial constraints that often limit its adoption in healthcare settings.
Joseph Turner of First Citizens Bank expresses enthusiasm for this collaboration, highlighting the bank's commitment to supporting the growth of robotic surgery innovations through its extensive experience in healthcare financing. With over 500 branches across 30 states, First Citizens Bank positions itself as a vital player in the healthcare banking landscape, providing tailored financial solutions that address the unique needs of hospitals and surgical centers. This partnership not only underscores the importance of innovative medical technologies but also reinforces the role of financial institutions in enhancing patient access to advanced surgical solutions.
In addition to this partnership, the Healthcare Equipment Finance group at First Citizens Bank continues to expand its offerings, ensuring that healthcare providers have access to a wide range of lending and leasing options. This strategic move is timely, as the demand for outpatient surgical procedures rises, necessitating innovative financing solutions that accommodate evolving healthcare needs. By aligning with Distalmotion, First Citizens Bank demonstrates its commitment to transforming the healthcare landscape through financial ingenuity and collaboration.