About Selat

Improving Healthcare RCM
Delivering Peace of Mind

About Selat

Improving Healthcare RCM - Delivering Peace of Mind

Established in 2013, Selat is a full-service Revenue Cycle Management (RCM) company. With more than a decade of experience, scale, and expertise, our offerings range from consultation, assessment, design, and implementation of revenue cycle management processes.

 

Our RCM services ensure that you can focus on what matters most – taking care of patients.

2013
2013
Establishment
Establishment

Selat was established as a pioneer revenue cycle management company.

2014
Medgulf Insurance Company
Contracting

Contract with Medgulf Insurance Company to serve & manage the claims of 100+ optical services providers.

2015
Claim management services
Expanded market share

Selat expanded its market share in claim management services to cover 18 polyclinics, 146 opticals, and 144 pharmacies.

2016
King Fahad Medical City
A major milestone

A major milestone in the company's development, Selat partnered with King Fahad Medical City for revenue cycle management to serve the government sector on a large scale.

2017
Armed Forces Medical Services
Contract

Contract with Armed Forces Medical Services to provide RCM Services for 26 hospitals affiliated with the Ministry of Defense.

2018
Operations and Services
Expansion

Expansion of the company's operations and services by shifting the headquarters to a larger one.

2019
King Abdullah bin Abdulaziz
University Hospital
Educational health sector

Started providing RCM to the educational health sector belonging to the Ministry of Education through contracting with King Abdullah bin Abdulaziz University Hospital.

2020
First revenue cycle
management business
Licensed

Got approved and licensed as the first revenue cycle management business in this field.

2021
Council of Health Insurance
Cooperation

Cooperated with the Council of Health Insurance, the Saudi Health Council, the Saudi Human Resources Development Fund, and Princess Noura University to provide the first accredited training program in revenue cycle management and medical coding.

2022
Health Holding Company
Implementation

Implemented one of the largest projects for Health Holding Company in the field of studying & planning for RCM to support National Transformation initiatives, which included 47 hospitals spread in the central, northern, and southern regions.

2023
MENA region
Expansion

International expansion in MENA region, including Egypt, Oman, and Bahrain.

2024
Saudi Billing System V3
Code Maintenance

Ongoing development and maintenance of the Saudi Billing System Classification and creating a Framework and Governance

Mr. Fayez Nasser AlHarbi
Managing Director - CEO

CEO’s Message

Selat is the hub of RCM experts. Since our inception, we have been empowering healthcare providers across the spectrum, including hospitals, clinics, pharmacies, opticians, and more. Backed by advanced technology and esteemed local and global partnerships, our effective RCM services integrate advanced technology and strategic expertise to create value across various healthcare operations.

As the industry continues to evolve, we stay ahead of the curve by adopting an innovative approach that allows us to adapt and excel in the face of change while maintaining the highest quality standards. Our approach guarantees operational excellence and maximizes the effective utilization of resources, ensuring that the organization gains an enhanced ROI while giving optimal preventative and curative healthcare services to its patients. As you browse the list of our partners, you will witness the vast technical and infrastructure support we provide to maintain error-free healthcare RCM systems.

We take immense pride in our team at Selat, comprised of professionals committed to excellence in all dimensions of RCM. Leveraging their expertise, we deliver inventive solutions to optimize efficiency, reduce operational costs, and elevate patient experiences. Our focus remains on continuously enhancing our services, setting a standard of unmatched support within the healthcare industry.

Selat aspires to be the foremost authority and the provider of choice in the field of RCM. Our unparalleled expertise and incomparable value extend across both local and regional markets. We eagerly anticipate having productive partnerships as we share the journey toward achieving excellence in healthcare Revenue Cycle Management. Committed to our client’s success, we employ our focused efforts to provide comprehensive support and inventive solutions, facilitating sustainable growth and success for our partners.

Our Vision

To create better healthcare together.

Transforming healthcare in the MENA to the region through exceptional RCM services, enhancing both healthcare provider success and patient care.

Our Mission

To provide top-class services, making it easier for you.

Selat provides customized RCM solutions tailored to the unique needs of healthcare providers in the region, driving efficiency, improving patient care, and supporting a thriving healthcare ecosystem.

Aligned with the Kingdom’s Vision 2030

The entire healthcare system in the Kingdom is undergoing an incredible transformation to achieve the milestones set under Vision 2030. Selat is pioneering in this transformative journey by supporting healthcare providers in incorporating Revenue Cycle Management (RCM). This financial optimization enhances the Kingdom’s economic strength, elevates patient satisfaction, and aligns with the future healthcare vision for Saudi Arabia. Selat’s commitment to RCM reflects the Kingdom’s pursuit of 2030 Vision goals, paving the way for a healthcare revolution and economic prosperity.

Our Approach to Effective RCM

Adaptable. Optimal. Dynamic.

Understanding Challenges

Conducting 360° Analysis

Setting Formulized Goals

Execution, Monitoring & Driving Results

Meet the Experts Behind it All

Selat brings healthcare experts and leaders from around the industry, which reflects in the high standards of our products and services.

Fayez Nasser AlHarbi

Managing Director - CEO

With two decades of experience spanning all levels of management in the healthcare insurance industry, Fayez Nasser Al Harbi brings a wealth of expertise to the Selat Board. As a revolutionary leader, he leverages his expertise and exceeds his aims.

Ahmed Emad El Hamalawy

Executive Vice President

An impressive career has taken Ahmed Emad Al-Hamalawy right through the healthcare industry in Egypt and KSA. With a specialization in Accounting and Insurance and over 20 years of extensive experience, he has proven to be a remarkably skilled and versatile leader.

Aiman Harera

Director of Operations

Aiman Harera boasts an impressive career spanning over 25 years in the healthcare industry across Egypt and the Kingdom of Saudi Arabia. He has excelled in various leadership roles as Director of the Business Office and Revenue Cycle Management (RCM). His exemplary performance has earned him a well-deserved position of Deputy General Director for Financial and Administrative Affairs in major hospitals across both countries. With his extensive expertise in healthcare management, Aiman is an invaluable asset to any team.

Radi Hamad

Business Development Director
With expertise in both business, strategy and technical solutions, Radi Hamad serves as Selat’s Business Development Director and Projects Manager. His diverse background across domains such as insurance, healthcare, and technology empowers him to lead projects that deliver impactful results by aligning client goals with innovative, industry-specific solutions.

Our RCM experts are ready to assist you.

Take control of your revenue cycle with Selat’s expert guidance and RCM solutions. Feel free to get in touch for a personalized consultation.