The American Hospital Association (AHA) has granted its exclusive endorsement to Global Treasury Services (GTS) for its accounts receivables and invoice payments processing services. GTS is a division of Bank of America that provides services such as treasury management, trade finance, foreign exchange and short-term investing. It has recommended the product as the solution of choice for its 4,800 members that include hospitals, health systems and health care organisations.
The AHA represents over 95 per cent of the hospitals in the United States and is a not-for-profit association of health care provider organisations and individuals committed to the improvement of health in their communities. The endorsement will be in effect for the next three years.