We are thrilled to announce a new partnership between Thrivory and Nsure, uniting our strengths to revolutionize financial solutions for healthcare practices. This collaboration aims to empower independent medical practices with enhanced financial stability and streamlined payment processing.
Thrivory provides innovative financial solutions tailored for healthcare providers, focusing on optimizing financial performance and mitigating risk. Core offerings include:
- Revenue-Based Financing: Thrivory offers flexible, non-debt financing solutions based on a practice’s revenue cycle. This provides access to working capital without the burden of traditional loans, allowing practices to invest in growth and operations.
- AI-Powered Financial Insights: Thrivory leverages artificial intelligence to analyze financial data and provide actionable insights. These insights help practices identify areas for improvement in revenue cycle management, optimize billing practices, and make data-driven decisions.
- Risk Mitigation Strategies: Thrivory helps practices minimize financial risks by identifying potential revenue leakage points and implementing strategies to improve cash flow and reduce bad debt. This includes analyzing payer contracts and identifying opportunities to maximize reimbursements.
- Personalized Support: Thrivory provides dedicated support to each practice, offering guidance and expertise to navigate the complex healthcare financial landscape. Their team works closely with practices to develop customized solutions that meet their specific needs.
Nsure offers a comprehensive suite of payment processing solutions designed specifically for healthcare practices. Their services include:
- Demographic Verifier: By using this software during the time of pre-billing, providers reduce their denials and rejections from payers caused by mis documented information.
- Self Pay Analyzer: Providers using this service are able to identify patient payment likelihood.
- Insurance Discovery: Identify active, billable insurance on an average of 37% more self-pay. Utilizing insurance discovery, collectively, our clients collect millions of dollars more, every year.
- Insurance Verifier: Providers using our insurance verifier no longer have to use multiple payer websites to check eligibility. By running eligibility during the pre-billing process, our providers experience higher clean-claim rates.
- Robotic Process Automation: Turn your repetitive and mundane tasks into automated processes, saving you millions of dollars in payroll and significantly improving your operational efficiency.
Together, we are committed to providing healthcare practices with immediate access to capital and efficient payment solutions, reducing financial uncertainties and administrative complexities.
“This partnership represents a significant step forward in our mission to support independent medical practices,” said Devon Seitz. “By combining our financial expertise with Nsure’s innovative payment platform, we can offer comprehensive solutions that enhance the operational efficiency and financial health of healthcare providers.”
Michael Ciullo, CEO of Nsure, added, “Our collaboration with Thrivory aligns perfectly with our goal to empower healthcare providers through technology. By extending their capital acceleration solution to medical practices, we aim to simplify their financial processes, allowing them to focus on what matters most—patient care.”
We look forward to the positive impact this partnership will have on the healthcare community, providing practices with the tools they need to thrive in an ever-evolving industry.
For more information on how Thrivory can help your healthcare practice thrive, contact us today
Visit NSure to learn more about their products and services