One of the largest nonprofit health plans in the United States, EmblemHealth serves 3.1 million people across the tri-state area around New York City. Despite the volume of its cash flows, however, until very recently EmblemHealth managed cash positioning and forecasting via spreadsheets.
When the organization deployed a new treasury workstation module that automated cash management, it gained greater visibility into its current and future cash positions, while simultaneously streamlining treasury operations.
Treasury & Risk sat down with Chris Giordano, assistant treasurer for EmblemHealth, and Charlie Correa, manager of treasury operations, to talk about the project and the benefits they've achieved.
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