Thrivory & Plaid: Secure, Fast Financing for Healthcare

by | May 30, 2024 | Technology, Thrivory News

Plaid and Thrivory

At Thrivory, we get it. We understand that you’re facing a number of challenges, including:

  • Increasing denial rates: The number of denied claims is on the rise, putting a strain on your cash flow.
  • Complex payer agreements: Dealing with different payers can be a time-consuming and frustrating process.
  • Extended reimbursement timelines: It can take months to get paid for the services you provide.

These pain points can take a toll on your practice, both financially and emotionally. That’s why we’re thrilled to announce a game-changing partnership that streamlines how you get the funding you need: our integration with Plaid.

What does this mean for you?

Lightning-Fast Funding: Plaid’s secure connection allows you to instantly share your banking information with us. That means Thrivory can get you the cash flow acceleration you need, right when you need it.

Ironclad Security: Worried about your sensitive data? Don’t be. Plaid is the industry leader in secure financial data sharing. It’s used by thousands of financial institutions, so you know your information is in safe hands. And because we’ve partnered with Plaid, we’ve been vetted and approved by thousands of these institutions – a testament to the security and integrity of our financing model.

Keep Control of Your Finances: With Plaid, you’re not handing over the keys to your bank account. You maintain full control and only share the necessary information for us to quickly assess, approve, and facilitate your financing. That coupled with our transparent ThrivIO platform, you have all the insights into your financials.

Why Thrivory is the Smart Choice for Healthcare Practices

We’re not just another financing company trying to fit healthcare into a one-size-fits-all model. Thrivory was born out of a deep understanding of the healthcare industry’s unique challenges. We’ve seen how traditional financing solutions often fall short, failing to address the complexities and nuances that healthcare providers face daily.

That’s why we built Thrivory with a healthcare-first mindset. Our team understands the intricacies of medical billing, insurance claims, and the ebb and flow of revenue cycles. This expertise allows us to create tailored financial solutions that address the specific needs of your practice.

Our goal? To eliminate the financial burdens that keep you from focusing on what truly matters: your patients. We believe that when you’re freed from financial stress, you can deliver better care, invest in your practice’s growth, and ultimately, make a bigger impact on the lives of those you serve.

Ready to Thrive?

Our Plaid integration is just one part of a larger mission. We’re building a comprehensive suite of tools designed to simplify the entire healthcare revenue cycle, giving you more control and visibility over your finances. This includes:

  • 835 Reconciliation: Ensure accurate payments with our robust reconciliation tools. We help you match payments to the corresponding claims, reducing errors and speeding up reimbursement.
  • Eligibility Verification Flows: Get instant insights into patient eligibility, coverage, and benefits. This helps you avoid surprises, minimize claim denials, and streamline your billing process.
  • Market Analytics Engine: Knowledge is power, especially when it comes to negotiating payer contracts. Our market analytics engine provides you with valuable data on reimbursement rates, benchmarks, and trends, empowering you to get the best possible deals.

We’re committed to making your financial life easier so you can focus on providing top-notch patient care. This suite of tools is just the beginning – we’re constantly innovating and finding new ways to support your practice.

Partner with Thrivory 

If you’re ready to simplify your finances, boost your cash flow, and get back to what you do best – providing exceptional care – we invite you to contact Thrivory today. It’s time to experience the Thrivory difference.