At a Glance

• $50M in idle cash identified and redeployed to internal funding and investment vehicles
• $2M+ in incremental interest income from previously idle cash
• 20% of global cash identified as previously idle or underutilized
• 100% reduction on external loans to fund key initiatives
• 0% cost of capital for internal projects after optimization

The Challenge

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As a leading academic health system, Rush University System for Health faced growing financial pressure to maximize liquidity, enhance agility, and reduce operational costs. However, limited visibility into cash positions, compounded by manual reporting processes and inconsistent banking practices, constrained the treasury team’s ability to drive strategic value across the enterprise.

The Solution

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Rush implemented GTreasury’s centralized treasury management platform to consolidate and automate its treasury operations. The solution delivered real-time visibility across all global bank accounts and entities, transforming previously siloed, spreadsheet-driven processes into an integrated and auditable cash management framework.

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From Back Office to Business Partner

“This was an institutional shift. The clarity and confidence we’ve gained through GTreasury have improved how finance partners with operations, helping us move faster, with less risk, and with better use of our resources.”
— Jeff Tack, VP & Treasurer, Rush University System for Health

The Results

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Soon after implementation, Rush’s treasury team uncovered that nearly 20% of global cash reserves (approximately $50 million) was sitting idle across various business units.

By redeploying that capital:

• Rush eliminated its dependency on external borrowing to fund strategic initiatives
• Internal reinvestments yielded an estimated $2 million in additional annual return
• The treasury team formalized an inter-company lending framework, replacing commercial borrowing with 0% internal financing
• Treasury now leads a scalable, proactive cash optimization strategy aligned to enterprise growth

Strategic Outlook

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With GTreasury in place, Rush has embedded treasury into its broader financial transformation. Real-time visibility, automation, and data-driven insights are enabling faster decision-making, accelerating funding cycles, and positioning treasury as a driver of institutional resilience and innovation.

Executive Insight

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“GTreasury gave us the visibility, tools, and control to move from reactive cash management to proactive value creation. We’ve unlocked millions in working capital, eliminated unnecessary borrowing, and empowered treasury to lead from the front.”
— Arunkumar Dharmapuri, Director of Treasury Operations, Rush University System for Health

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