Accelerate Claims-to-Cash

Bypass the delays and uncertainties of traditional payments with swift, simple and reliable access to risk-free funds.

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Getting started with Thrivory

Providing care is complex – getting paid for your services should not be. We streamline our process to ease your burden.

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Get approved

Fill out a simple application to assess eligibility. No credit check required.

Submit your claims

Once approved, sign our BAA, and add your claims directly from your practice management system.

Get paid

Receive funds directly to your account.

Thrive

Get paid faster and more often for the care you provide.

Thrivory integrates an efficient underwriting process, advanced AI, and expertise in claims payments to address gaps in traditional healthcare financing.

GAURANTEED PAYMENTS

Unlock Risk-Free Cash Flow with Ease

Our risk-free, claim-to-payment solution removes the uncertainties of reimbursement and payor delays by instantly transforming claims into guaranteed payments, reducing reimbursement from 57 days to 4.5 days.

AI INSIGHTS

Optimize Practice Financials with AI-Powered Insights

Enhance practice financial health using Thrivory’s AI-powered analysis of 39 billion claims. Benefit from 20 key performance indicators to monitor, report, and improve revenue cycle efficiency for long-term growth.

AI INSIGHTS

Optimize Practice Financials with AI-Powered Insights

Enhance practice financial health using Thrivory’s AI-powered analysis of 39 billion claims. Benefit from 20 key performance indicators to monitor, report, and improve revenue cycle efficiency for long-term growth.

INTEGRATIONS

Effortless Connectivity, Enhanced Workflow

Thrivory seamlessly integrates with your existing billing software, allowing for direct export of claims. Receive funds directly into your connected bank account, ensuring a smooth financial workflow without disrupting your current processes.

FAQs

Does Thrivory impact our credit score?

No, Thrivory does not impact your personal or business credit score. Guaranteed and immediate cash flow is generated from analyzing your practice’s claims without the need for personal guarantees or lengthy due diligence requirements which disrupt operations. Thrivory bears 100% risk of payor reimbursements without impacting your personal credit!

What if Thrivory funds a claim that does not get repaid by the payor?

If Thrivory funds you for a claim that has not been repaid, we assume the risk of non-payment without any recourse to you. To minimize this risk, though, we conduct pre-checks on claims through our claims funding application. This allows us to predict the likelihood of reimbursement with a high level of certainty. If an unpaid claim does arise, we will work closely with you to identify and resolve the issue as quickly as possible.  At Thrivory, we are committed to transparency and ensuring a positive client experience.

What does it cost to accelerate cash flow without risk?
The cost to accelerate your cash flow with us is primarily determined by a fee on any payments for the pool of claims that remain unpaid by the insurance carriers. In addition, there is an annual fee to cover the onboarding and ongoing monitoring costs associated with your account. This fee, based on our actual costs, will be detailed in your agreement with us and is significantly lower than the due diligence fees charged by traditional lenders.                                                                                                         
Here’s how the fee structure on accelerated payments works:                    
  • First 30 days: 3% of the payment amount.
  • After 30 days: An additional 0.7% of the payment amount is charged every 7 days, based on a 360 day year.

This fee applies only until the outstanding pool balance is paid in full.We believe in transparent pricing with no hidden fees. Our goal is to help you access your funds faster.

How much immediate cash flow can we expect?

After we complete our funding analysis, you can expect immediate cash flow of up to 80% of all claims submitted.

Do we need to change our current billing procedures?

No, you do not need to change your current billing procedures. You will still manage claims filing and denials. Thrivory simply accelerates cash flow upon claim submission to counter payor delays. As we understand your RCM practices better, we can also assist with proactively identifying denials and bolstering top-line revenue with claim optimization services.

What are some of the advantages of working with Thrivory?

Thrivory collaborates closely with your practice to address your unique financial needs, ensuring you are free from the burdens of debt, equity dilution, and risk exposure. Our primary focus is to simplify the funding process, enabling you to access capital rapidly. On average, our application approval takes 3-5 days, followed by almost instant “claims to cash” capabilities. It is also important to note that Thrivory is not a traditional lender, MCA (merchant advance cash), or any structure that would obligate all assets of your practice.

Do we have to submit all our claims through Thrivory?

No, you can choose which payors you want to fund with us and also change this at any time. Thrivory can support all commercial and government payors. We will work with you to set everything up and support electronic reconciliation for you.

Is Thrivory secure?

Yes, our portal is secure and fully HIPAA compliant with full end-to-end 256-bit encryption to protect your data. We never see or store third-party usernames or passwords.

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