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PIAM Bulletin

PIAM Announces Affiliation with Webster Bank

Webster Bank is pleased to be the preferred banking services provider to the Physicians Insurance Agency of Massachusetts (PIAM), a subsidiary of the Massachusetts Medical Society. Through the partnership with PIAM, Webster Bank is offering an array of banking products to members.

Webster has a team approach with a locally based banker supported by dedicated Healthcare Banking Services Specialists. Webster's Healthcare Specialists have an average of 7 years of healthcare specific experience. Their depth of experience has positioned Webster to be the preferred provider for the Massachusetts EHealth Institute and the preferred merchant card provider for the Massachusetts Medical Society, Connecticut State Medical Society and the Rhode Island Medical Society.

In the next few months, they will be working to bring you education and information that can help you make the right business decisions if you plan to install or update your EMR/EHR technology. Webster approaches the financing for Electronic Medical Records (EMR) and Healthcare IT from a comprehensive perspective.
• A customized loan solution created just for healthcare clients.
• Up to 100% financing for EMR hardware, software, training costs and healthcare IT solutions.
• An interest-only revolving line of credit that converts to a term loan so you can manage your interest expense and borrow only what you need.
• Low-cost, flexible financing and leasing options, including ½% discount off of line of credit rates, plus highly competitive rates on term loans.

As you deal with increasing operational costs, Webster's experience in the healthcare and banking industries could be of great benefit to you. Webster supports hundreds of small business healthcare owners and companies. It's their job to understand industry trends and your financial needs, bringing ideas and customized solutions that can help business owners and managers increase cash and potentially the profitability of their practice.

To learn more or to schedule an appointment to meet with one of Webster's specialists, please call Rich Evans, 860-670-9759 or email revans@websterbank.com.

(All credit products, pricing and overdraft protection are subject to the normal credit approval process. Some applications may require further consideration and/or supplemental information. Certain terms and conditions may apply.)

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