Employee Spotlight: Meet our Chief of Staff

Employee Spotlight: Meet our Chief of Staff

Meet Shannon Palmeri Here at Thrivory, we are proud of the diverse team of professionals working tirelessly to revolutionize financial solutions for independent medical practices. This month, we are thrilled to spotlight Shannon Palmeri, our dynamic Chief of Staff,...
Innovative Revenue Streams for Medical Practices

Innovative Revenue Streams for Medical Practices

As the financial landscape for independent medical practices continues to evolve, resilience and adaptability have never been more critical. Traditional revenue models, primarily reliant on patient care services, are increasingly vulnerable to economic fluctuations,...
Healthcare Finance: A House of Cards Built on IOUs 

Healthcare Finance: A House of Cards Built on IOUs 

Thrivory’s Radical Remodel The healthcare industry is a paradox. It stands on the precipice of groundbreaking medical advancements, yet its financial foundation crumbles under the weight of a prehistoric system. The current reimbursement model is a house of...
Streamlining Cash Flow for Medical Practices

Streamlining Cash Flow for Medical Practices

Consistent cash flow is vital for medical practices. However, the slow and unpredictable claims reimbursement process can disrupt finances, creating a constant cash flow squeeze. This blog post explores how Thrivory can help your practice bridge the gap and compares...
The True Cost of Claim Denials

The True Cost of Claim Denials

Claim denials aren’t just minor setbacks in cash flow; they are major administrative burdens that deplete resources and lower the efficiency of healthcare operations, especially for independent physician groups. For example, in 2023, the rate of claims initially...