Liquid FSI’s Convert2Pay™ marketplace is the amalgamation of big data analytics, machine learning, and financial technology, resulting in greater control, reduced risk, and improved efficiencies to the healthcare industry.
Liquid FSI's robust marketplace benefits all constituents. For Healthcare Providers, it allows for access to on-demand insurance claim payments. For Lenders, it’s a more efficient underwriting tool; offering weekly variance reporting, background verification, and asset quality scoring. Lenders can now monitor the entire life cycle of a transaction with full insight into cash-flow and financial commitments. For Billers, the marketplace is a new product offering to facilitate customer acquisition and improve client retention. For Payers, the marketplace functions as a Procure-to-Pay tool.
Our technology is a smart conduit, facilitating Provider-Lender-Payer connectivity, while reducing the cost of customer acquisition, increasing data security, and enhancing privacy using Blockchain.
1
Submit an online application for a business loan or Convert2Pay™ Line of Credit. Liquid FSI will verify and cross-reference data from multiple sources, including NPI. Once this data has been reviewed, Providers will receive an “expression of interest.”
Approximate time: 10 Minutes
2
Upload all required documents, including A/R, directly from your medical billing software. Convert2Pay™ analytics will score each claim to support the value of the asset.
Approximate time: 10 Minutes
3
At this stage, your screen will be a new tool to help you manage your healthcare business. Your A/R will be shown in an easy-to-manage format, complete with helpful graphics. While scrolling through your claims, you can select the ones you want to “Liquify.” Convert2Pay™ technology will tell you the net asset value and the cost of converting your claims to working capital.
Approximate time: On Demand
“The emergence of a (killer Blockchain) app will change the world by creating a beachhead for the technology from which there will be no turning back.”
Conrad Barski, MD
Founder and CEO of Forward Blockchain
