Prestige Healthcare gets 2x the credit and payment terms built for healthcare with Brex

Limited credit, rigid terms, and lack of visibility

Before adopting Brex, Prestige used American Express for corporate spending. While workable, the program didn’t offer the flexibility or transparency Prestige needed to manage dozens of vendors and multiple facilities.

Credit limits were also tighter than Jonathan’s multi-entity organization required, and repayment terms weren’t designed around the realities of cash flow timing in the healthcare industry. Furthermore, the manual process for issuing and monitoring cards created operational drag.

As a healthcare organization, Prestige needs to maintain the highest standards of patient safety and quality of care while navigating strict regulatory requirements and complex operational costs. So they need a spend solution where every dollar can be traceable, justified, and optimally deployed.

“We wanted more credit available with more flexible payback terms,” says CFO, Jonathan Aschendorf, C.P.A. “We’re a complex organization, and we needed more flexibility and visibility across all our facilities.”

A unified card and expense platform built for healthcare organizations

Prestige chose integrated corporate cards and automated spend management software from Brex because of the flexible repayment terms, real-time tracking, and healthcare-specific support. It was exactly what their growing organization needed. "Brex impressed us right away," Jonathan says. "The customer service was outstanding from day one. We didn't even consider anyone else."

Brex offered 2x higher credit limits than Amex, with repayment terms aligned to healthcare's cash flow realities — where reimbursement cycles from Medicare, Medicaid, and private insurers don't always align with vendor payment schedules. "Healthcare is a cash flow timing business, and we have to wait on funds at times," Jonathan says. "Brex accommodates this with their payment terms, which is great for healthcare companies."

“Brex has flexible card payment terms, which is great for healthcare companies."

— Jonathan Aschendorf, C.P.A., CFO, Prestige Healthcare Management

The Brex solution also provides:

• Fast card issuance so facility managers can make purchases without bottlenecks
• Real-time expense tracking and audit trails for regulatory reviews and CMS compliance
• Automated expense reports that eliminate manual receipt chasing
• Vendor controls and approval workflows that help automate maintain policy compliance

Financial flexibility and stronger compliance

With Brex, Prestige Healthcare Management operates faster and with greater clarity. "It's easy to issue cards, and our team knows exactly what's being spent and where," Jonathan explains. "That's huge when you have multiple facilities and hundreds of employees."

"It's easy to issue cards, and our team knows exactly what's being spent and where."

— Jonathan Aschendorf, C.P.A., CFO, Prestige Healthcare Management

The combination of higher credit limits and flexible payment terms has unlocked operational agility, whether ordering PPE for staff, replacing critical equipment, or paying routine facility suppliers, Prestige's team can act quickly. "Brex gives us the freedom to spend on things that will have future impact," Jonathan says. "That's critical in healthcare, where investments directly improve patient experience."

"Brex gives us the freedom to spend. That's critical in healthcare, where investments directly improve patient experience."

— Jonathan Aschendorf, C.P.A., CFO, Prestige Healthcare Management

The compliance improvements have been equally significant. Brex's automated workflows and real-time visibility have helped the finance team increase accountability across facilities while reducing manual oversight.

The platform's easy receipt capture and auto-populated expense reports make it simple for employees to complete expenses correctly and on time, reducing errors that can complicate audits or compliance reviews. The result: it's 5x faster for Prestige to complete expenses on Brex than it was with Amex.

Beyond the platform itself, Jonathan emphasizes Brex's responsive support. "The whole Brex team is great," he says. "They're responsive, easy to work with, and they understand the complexity of healthcare finance."

The corporate card and spend platform built for healthcare

Brex corporate cards and expense management software help healthcare organizations:

• Gain real-time visibility and control over complex, multi-facility spend
• Align credit and payment terms with cash-flow cycles
• Improve compliance through automated workflows and transparent tracking
• Empower staff to purchase operational necessities without administrative friction
• Partner with a responsive team that understands healthcare’s regulatory and financial realities

"Brex is responsive and easy to work with, and they understand the healthcare industry."

— Jonathan Aschendorf, C.P.A., CFO, Prestige Healthcare Management

Ready to see how Brex can give your healthcare company flexible spending power and automate your repetitive expense tasks? Sign up for Brex today and discover how our integrated card and software platform is perfect for healthcare companies, delivering measurable time and cost savings.