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Nitra Launches “Future of Care Initiative,” Commits $20 Billion in Financing for Independent Medical Practices Across America

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Three-Year $20 Billion Commitment Through 2028 to Finance, Build, and Scale the Next Generation of Independent Medical Practices

NEW YORK, May 7, 2026 /PRNewswire/ — Nitra, the leading AI-native operating platform for healthcare practices, today announced the Future of Care Initiative, a $20 billion financing commitment through 2028 to provide capital, technology, and operational infrastructure to independent physicians and medical practices across all 50 states.

The initiative comes at a time when independent physicians face mounting pressure from slow-paying payers, rising administrative burden, and increasing consolidation across the healthcare industry. According to the American Medical Association, the share of physicians in small independent practices has declined sharply from 61.4% in 2012 to 47.4% in 2024, reflecting the rapid consolidation reshaping American healthcare.

“The dream of independent medicine in America is slipping away,” said Tim Hwang, Co-Founder and CEO of Nitra. “Physicians are being forced to choose between their autonomy and their survival. We don’t believe they should have to make that choice. The Future of Care Initiative is our $20 billion commitment to back the physicians who want to build, grow, and control their own practices, and to give them the capital and tools to do it.”

A Commitment to Independent Medicine

Independent physicians are the backbone of American healthcare, yet they operate in a system increasingly stacked against them. Payers are squeezing cash flows. Biopharma and supply costs fluctuate unpredictably. Regulatory complexity grows by the year. And the infrastructure to run a modern practice, from scheduling and billing to procurement and accounting, remains deeply fragmented.

The result: physician independence is slipping away, not because doctors want to give it up, but because the system has made it too hard to hold on to.

Nitra’s Future of Care Initiative is a direct response to that reality. The firm will focus on four key areas, supporting independent practices across all sizes and specialties by offering financing, operational infrastructure, AI-powered tools, and procurement savings:

Deploying $20 Billion of Capital and Financing through 2028, including working capital loans, AI-driven claims factoring, equipment financing, revolving credit, and growth capital for practices looking to start, expand, or scaleHiring to Support the Growth of 8,000+ Practices, including 150+ new Nitra hires dedicated to physician growth and the tools to support 8,000+ practices across all 50 statesAI-Powered Practice Infrastructure, including AI-driven accounting, patient scheduling, prior authorization and denials management, cash management, invoicing, and bill pay to save providers time and moneyProcurement and Supply Chain, including access to 50,000+ medical and biopharma SKUs through NitraMart and partnerships with leading GPOs, distributors, and biopharma providers

Nitra’s commitment is designed to put real resources behind the doctors who want to own, grow, and control their practices, backed by the company’s rapid growth including 740%+ revenue growth in 2025 and over $1 billion in annualized processing volume. In 2026, Nitra was providing upwards of $12 million of financing a day to independent practices in the country.

What Nitra Can Do For Practices

Nitra has already been financing and supporting thousands of independent physicians across the country through its AI-native platform. With the Future of Care Initiative, the firm is significantly expanding that commitment, putting more capital, more infrastructure, and more resources directly behind practice owners nationwide. Through the initiative, physicians can:

Access working capital instantly through Nitra’s AI-driven underwriting to pay for drugs, supplies, and equipment without draining cash flowFinance equipment and expansion to open new locations or upgrade capabilities without traditional bank frictionGet paid faster with integrated patient payment processing and revenue cycle managementReduce overhead with AI by automating accounting, scheduling, prior authorization, and procurementSave on purchasing through NitraMart’s negotiated medical supply and biopharma pricing

A Track Record of Backing American Healthcare

Nitra today supports thousands of physicians in over 700 clinics nationwide, processing over $1 billion in annualized volumes across payments, procurement, and patient administration, leveraging AI and software to rapidly deliver and deploy capital into medical practices across the country.

The company counts among its customers some of the most prominent independent healthcare practices in the country, including Bay Area Retina Associates, Southern Vitreoretinal Associates (SVA), PhyNet Dermatology, Brandywine Urology, Elase Medspa, and Empower Aesthetics, spanning practices from Boston and Detroit to Houston, Los Angeles, and Honolulu.

Given the scale of this initiative, Nitra will accelerate hiring across its sales, customer success, engineering, and operations teams, growing from 50 employees to over 200 by the end of 2026, to ensure every practice that comes to Nitra receives the support it needs to grow.

Future of Care Advisory Council

To guide the long-term strategy of the initiative, Nitra is forming the Future of Care Advisory Council, a group of leading physicians, healthcare operators, and policy experts who have built and led independent practices and can speak firsthand to the challenges and opportunities facing practice owners today.

Dr. Richard Park, Advisory Council Chair, is the Co-Founder and Managing Partner of Ascend Partners and founder and former CEO of CityMD, which grew from a single location to 120+ sites and nearly $500 million in revenue before its $8.9 billion acquisition by VillageMD.

“Independent physicians are the backbone of American healthcare, and for too long they have been left without the financial tools and infrastructure they need to compete and thrive,” said Dr. Richard Park. “Nitra is building something genuinely different, a platform that gives practice owners real capital and real operational support. The Future of Care Initiative is a meaningful commitment to the doctors who are fighting to stay independent, and I am proud to help lead it.”

Dr. Subhransu K. Ray, MD, PhD is the senior partner at Bay Area Retina Associates and a fellowship-trained vitreoretinal surgeon who completed his training at the Massachusetts Eye and Ear Infirmary at Harvard Medical School, where he served as Chief Resident and Associate Chief of Ophthalmology.Dr. Lester Zuckerman is the co-founder and former Chief Medical Officer of National Spine & Pain Centers, one of the country’s leading independent specialty pain management practices, with over 20 years of experience and repeated recognition as a Washingtonian Magazine “Top Doctor.”

The Future of Care Initiative is further supported by Nitra’s Board of Advisors, which includes:

Dr. R. Glenn Hubbard, former Chair of the White House Council of Economic Advisers and Dean Emeritus and Russell L. Carson Professor of Economics and Finance at Columbia Business School, bringing deep expertise in economic policy, financial markets, and healthcare economics.Sam Wen, co-founder of Square, the payments company now known as Block, and General Partner at Green Visor Capital.Raymond Stern, former Chief Marketing Officer and Senior Vice President at Intuit, makers of QuickBooks and TurboTax, and former Senior Vice President at Yahoo.

About Nitra

Nitra is an AI-native operating system for healthcare practices to run their business and back office. The platform spans finance, procurement, a medical supplies marketplace, and patient administration, automating workflows like payments, purchasing, inventory, scheduling, insurance verification, and patient communication. By embedding AI directly into its infrastructure, Nitra unifies these functions into a single system, reducing manual administrative work and improving operational visibility.

Media Contact
Jessica Hong
press@nitra.com

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Nearmap Launches itel Total Price, Bringing Guaranteed Whole-Home Pricing to Property Claims

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New solution delivers fulfillment-backed pricing across major exterior and interior building materials — backed by a comprehensive pricing database and available now within Verisk Xactimate®

SALT LAKE CITY, Aug. 25, 2026 /PRNewswire/ — Nearmap, the leading property intelligence provider, today announced itel Total Price, a new whole-home pricing solution that delivers guaranteed pricing for major exterior and interior building materials across the entire claim.

Property insurers continue to face growing pressure to settle claims faster while managing rising material costs, inconsistent estimates, and increased scrutiny around claims settlements. Disconnected pricing workflows and limited visibility into real-world sourcing conditions often lead to supplements, contractor disputes, and delays that impact both claim outcomes and policyholder satisfaction.

Powered by proprietary Nearmap property intelligence, itel Total Price gives insurers a defensible way to manage material pricing across the claim lifecycle. By embedding guaranteed pricing directly into the claims process, the solution helps reduce friction for adjusters, minimize supplements and disputes, and improve consistency from estimate through settlement.

“Insurers have told us they want material pricing backed by fulfillment without adding complexity to the adjuster workflow,” said Paul Disney SVP of Product at Nearmap. “itel Total Price gives carriers a single trusted source for guaranteed pricing across the entire home, helping improve claim outcomes within the trusted Verisk Xactimate(R) platform.”

At the core of itel Total Price is the industry’s most comprehensive building materials pricing database, built on more than 30 years of proprietary materials intelligence and historical pricing data from more than 15 million claims. Part of the Nearmap proprietary property intelligence platform, pricing is continuously validated using localized market data sourced from manufacturers, suppliers, contractors, retailers, distributors, and big box stores nationwide, enabling pricing that reflects real sourcing conditions and current market dynamics. The result is accurate, defensible pricing backed by the itel Guarantee, which ensures the fulfillment of the materials at the provided price.

In addition to real-time integrated pricing delivered nearly instantly within Xactimate®, the itel Total Price solution supports deeper, specification-driven analysis via the itel NOW mobile app and physical sample submission, both of which provide lab-verified, like-kind-and-quality pricing with typical same-day or next-day service. When adjusters encounter an unfamiliar material or need greater certainty, they have a clear, simple pathway to get the right answer, all included in the itel Total Price solution at no additional charge. 

Because of the unique combination of like-kind-and-quality analysis and market-specific pricing, early customers adopting itel Total Price are realizing up to a 10x return on investment through reduced supplement frequency, faster cycle times, less adjuster rework, and tighter control over indemnity spend.

“Property claims decisions are only as strong as the intelligence behind them,” said David Tobias, Chief Product Officer at Nearmap. “itel Total Price represents an important step forward in our vision to deliver connected property intelligence that enables faster, more consistent, and more defensible claims decisions across the entire home. When you combine 30 years of proprietary materials data with localized, real-time market intelligence and back it with a robust and proven fulfillment system, you get pricing that holds up from the estimate through to settlement.”

With new materials continuously added to increase indemnity improvement, exterior materials span complete roofing systems, including primary shingles, ice and water shield, roofing felt and ridge cap, as well as siding, exterior paint, windows, and doors. Interior coverage includes all major flooring categories and associated installation accessories, interior paint, drywall, cabinets, insulation, and more. Adjusters can easily receive pricing for nearly all materials in a claim with just two clicks in Xactimate, which frees them to focus on other critical parts of making policyholders whole.

itel Total Price further extends the Nearmap offering for the P&C industry, which supports insurers across the full claim lifecycle from pre-event impact predictability and preparation, all the way to property measurements and repairability analysis with guaranteed pricing and post-claim repair validation. itel Total Price is available today. To learn more, visit here.

About Nearmap

Nearmap is a global property intelligence company redefining how organizations understand and act on the built environment. By owning the entire intelligence value chain—from high-recency geospatial capture powered by patented camera technology to accurate AI-derived analytics and guaranteed building materials data—Nearmap delivers a single, trusted source of truth for property decisions. Insurers, government agencies, and AECO organizations rely on Nearmap to transform property uncertainty into evidence, helping organizations move beyond fragmented data and manual processes with verified, frequently updated insight. These proprietary insights enable faster, more confident decisions across underwriting and claims, assessment and response, and planning and construction so teams can see truth, assess risk, and act with certainty. Founded in Australia in 2007, Nearmap stands as the definitive source of truth that shapes the livable world.

For more information, visit www.nearmap.com.

Media Contact
Taylor Cenicola
Taylor.cenicola@nearmap.com

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Mitsubishi Motors Strengthens Future of the Brand in the United States Through Updated Momentum 2030 Plan

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Momentum 2030 serves as the catalyst for future U.S.-focused product development, dealer network expansion, and market share growthComprehensive product renewal strategy and expansion into new vehicle segments are central to Momentum 2030, including intent to re-enter the pickup truck segment through collaboration with NissanAll-new Eclipse Sportback battery-electric SUV will launch this fall, followed by a rugged, off-road-focused Outlander variant in the first quarter of 2027.Mitsubishi Motors Corporation also recently outlined its global mid-to long-term vision for strengthening the brand around the world, with a specific commitment to restoring brand strength in the United States.

FRANKLIN, Tenn., Aug. 25, 2026 /PRNewswire/ — Mitsubishi Motors Momentum 2030 is more than just a business plan for Mitsubishi Motors in the United States. It represents the company’s long-term commitment to strengthening the brand, expanding customer choice, and creating sustainable growth for customers, dealer partners, and employees alike.

Reinforcing that commitment, Mitsubishi Motors recently hosted a confidential, invitation-only dealer meeting where company leadership shared future product plans and strategic initiatives that will drive the next phase of growth for the brand, as well as revealing concepts and designs of models that will underpin this product-led growth.

Central to the North American strategy is an expanded focus on adventure-oriented and off-road-capable vehicles. As customer demand continues to shift toward more rugged and versatile products, Mitsubishi Motors will broaden its portfolio with vehicles designed to strengthen the brand’s presence in these growing segments.

As part of this strategy, Mitsubishi Motors also intends to re-enter the pickup truck segment in North America through its collaboration with Nissan, further expanding the brand’s reach and relevance in the U.S. market.

Momentum 2030 is built around four strategic pillars:

A path to electrificationA path to a renewed and expanded product lineup that strengthens Mitsubishi Motors in North AmericaA path to a modernized retail sales modelA path to network expansion and sustainable sales growth

In a separate announcement from Mitsubishi Motors Corporation in Japan, the company also announced the return of the legendary Pajero (Montero) nameplate. While no decision has been made regarding a U.S. introduction of this vehicle, the model’s return strengthens Mitsubishi Motors globally by reconnecting the brand with one of its most iconic and celebrated nameplates.

“When we launched Momentum 2030, many questioned whether such an ambitious vision could be achieved. Today, that vision is taking shape,” said Mark Chaffin, president and CEO of Mitsubishi Motors North America, Inc. “Mitsubishi Motors is fully committed, and the path forward for the U.S. market is clear. This is the most comprehensive growth plan we have ever undertaken in the region, built around delivering greater value to customers, creating new opportunities for our dealer partners, and strengthening the long-term future of the brand.”

In the near term, Mitsubishi Motors will expand its U.S. lineup from four vehicles today to six vehicles in 2027. The lineup will include the Outlander Sport; Eclipse Cross; the all-new Eclipse Sportback EV; Outlander; Outlander Plug-in Hybrid; and a new rugged Outlander variant, with the model name to be announced in the coming months.

Customers and dealer partners have consistently expressed a desire for Mitsubishi Motors to compete in additional segments. Through Momentum 2030, the company is delivering on that expectation with a broader product portfolio, expanded customer choice, and a clear vision for long-term growth.

ABOUT MITSUBISHI MOTORS NORTH AMERICA, INC.
Through a network of approximately 300 dealer partners across the United States, Mitsubishi Motors North America, Inc. (MMNA) is responsible for the sales, marketing, and customer service of Mitsubishi Motors vehicles in the U.S. MMNA’s five-year business plan – “Momentum 2030” – is Mitsubishi Motors’ strategic roadmap for growth in North America, focused on product expansion, electrification, retail modernization, network development, and increased market share. Through new vehicle introductions, enhanced customer experiences, and strengthened dealer partnerships, the plan is designed to restore brand strength and position Mitsubishi Motors for sustained success throughout the decade.

MMNA has its headquarters in Franklin, Tennessee, as well as corporate operations in California, Georgia, Michigan, and New Jersey.

For more information on MMNA, visit media.mitsubishicars.com.

Contact
Jeremy Barnes
Senior Director, Communications and Events
jeremy.barnes@na.mitsubishi-motors.com
Mobile: 615-970-8395

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SOURCE Mitsubishi Motors North America, Inc.

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Truist Premier deepens commitment to advice-led banking for mass affluent clients

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Truist Premier delivers personalized planning, advice-led relationships and exclusive benefits for clients with growing financial complexity

CHARLOTTE, N.C., Aug. 25, 2026 /PRNewswire/ — (NYSE: TFC) — As competition intensifies for mass affluent consumers, Truist today unveiled an expanded strategy and continued investment in advice-led banking through Truist Premier, an elevated experience designed for clients navigating increasing financial complexity. Truist Premier is a dedicated offering for mass affluent clients with $100,000 or more in assets that combines premium banking benefits, personalized financial planning, dedicated support, digital tools, and investment guidance1 from a Truist Investment Services financial advisor designed to help clients navigate increasing financial complexity.

Research conducted by Truist and Morning Consult found that while nearly all mass affluent consumers believe financial planning helps them achieve their goals, only 53% currently work with a professional financial advisor.

“Financial advice has never been more accessible, but clients still value partnership and a personalized plan,” said Truist Chief Consumer and Small Business Banking Officer Dontá Wilson. “Truist Premier is a digitally empowered, deeply relational experience built around knowing each client’s unique story and goals. This brings together digital innovation, dedicated guidance and human relationships to help clients achieve their ambitions with clarity.”

A premium offering built for financial complexity
Truist Premier supports clients with $100,000 or more in assets through an advice-led banking and investing approach tailored to a client’s evolving financial journey:

Planning Partnership:

Advice-led relationships: Access for all Premier clients to a team of advisors via the Client Advisory Center1 providing investment guidance and support tailored to their portfolios and goals.Plan-centered guidance: Truist Premier brings together personalized financial planning through a dedicated Premier advisor and investment guidance through a Truist Investment Services financial advisor to create tailored plans for clients, from comprehensive approaches to achieving specific goals for clients with $250,000 or more in assets.Integrated expertise: Truist Premier clients who are also Truist Small Business owners have access to qualified expertise to grow personal and business financial plans with a holistic view aligned to their portfolio needs.Purposeful digital innovation: A recently introduced digital financial planning experience for clients with $250,000 or more in assets gives clients more choice and flexibility tailored to their unique needs. Upcoming investments in digital planning will increase access, putting the power of financial planning into more clients’ hands.Relationship-focused growth: Truist is investing in expanding access to more clients, including hiring additional Premier advisors, accelerating its Premier Advisor Advancement Journey development program, and redesigning insights-driven branches to create space for deeper conversations.

Personalized Experience:

Dedicated support: Truist Premier clients receive dedicated support through Truist Premier Care Center1, providing priority access, coordinated service, and proactive assistance designed to help resolve needs quickly and keep clients focused on what matters most.Personalized touchpoints: Truist is driving a more personalized and connected experience as clients engage across channels, tailored to their portfolio and preferences.Insights-driven branch experience: AI-powered branch insights help teammates personalize conversations in real time, equipping bankers with relevant client context to deliver more meaningful guidance and a more tailored Premier banking experience.Tailored AI-powered insights: The AI-driven Truist Insights platform has delivered more than 2 billion personalized, real-time financial insights across mobile and online banking. Continued investment will further harness the power of AI to deliver tailored, actionable planning and advice.

Rewarding Relationship:

Benefits that grow: Truist will continue to invest in expanding exclusive banking benefits and lending discounts to reward clients as they deepen their Truist relationship.Purpose-built rewards: Recently introduced Truist Marquee Checking offers a premium checking experience with priority banking, enhanced benefits, higher transaction limits and waived fees.Experiential differentiation: Signature platforms such as the Truist Championship bring Truist’s relationship‑driven model to life through community-focused brand engagement touchpoints.

By introducing the Truist Premier brand, Truist is creating a more defined way to deliver a premium mass affluent banking experience. This builds on Truist’s strong track record of serving mass affluent clients and accelerates its multi-year strategic investment into distinctive products, insights-driven relationships and personalized experiences across channels. The strategic focus is driving client impact, with Premier deposit production increasing 27% since last year. 

“We’ve spent years working alongside mass affluent clients, and we’ve seen firsthand that they want more than transactions or standalone products,” said Truist Head of Premier and Branch Banking Scott Stearsman. “They want a partner who understands their goals, helps them navigate important financial decisions, and evolves with them as their needs change. Truist Premier brings that together through personalized advice, dedicated support, and meaningful rewards delivered with unwavering care.”

Together, Truist Premier and Truist Wealth provide a continuum of guidance and distinctive solutions that scale with clients as they build their wealth and their needs evolve. Truist clients with assets above $1 million will continue to be served by Truist Wealth. Truist clients with qualifying small business accounts will continue to be supported through integration with Truist Small Business, offering solutions and expertise tailored to the clients’ growing goals and needs.

To learn more, visit truist.com/premier.

1 Securities, brokerage accounts, and/or annuities are offered through Truist Investment Services, Inc. (“TIS”), member FINRA and SIPC. Investment advisory services are offered by Truist Advisory Services, Inc. (“TAS”), an SEC registered investment adviser.

About Truist
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Headquartered in Charlotte, North Carolina, Truist has leading market share in many of the high-growth markets in the U.S. and offers a wide range of products and services through wholesale and consumer businesses, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending businesses. Truist is a top 10 commercial bank with total assets of $556 billion as of June 30, 2026. Truist Bank, Member FDIC. Equal Housing Lender. Learn more at Truist.com

Investment and Insurance Products: 
•Are not FDIC or any other Government Agency Insured •Are not Bank Guaranteed •May Lose Value

Truist Wealth is a marketing name used by Truist Financial Corporation (Truist). Truist Premier is a brand name used by Truist Bank, and Premier Advisors offer products and services through Truist Bank. Banking products and services, including loans, deposit accounts, trust and investment management services provided by Truist Bank, Member FDIC. Securities, brokerage accounts, and/or annuities offered by Truist Investment Services, Inc., member FINRA, SIPC, and a licensed insurance agency. Investment advisory services offered by Truist Advisory Services, Inc. and affiliated SEC registered investment advisers. Other insurance products are offered by third party insurance agencies unaffiliated with Truist Financial Corporation or any of its subsidiaries.

© 2026 Truist Financial Corporation. TRUIST, the Truist logo and Truist Purple are service marks of Truist Financial Corporation. All rights reserved.

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