Liquid FSI & TVS Next Agree to Build Blockchain Platform to Facilitate U.S. Healthcare Payments Ecosystem
Insurance Payments, Provider, Patient Data to Become More Secure
February 11, 2019 - New York, New York
Liquid FSI, Inc., (www.liquidfsi.com), a pioneer in credit risk analytics that
on-demand payments in the healthcare industry, announced today that it has entered into
an agreement with TVS Next, (www.tvsnext.io), one of the world’s leading
technology companies to build its Blockchain platform. TVS Next is based in New York,
New York, U.S.A. and Chennai, India.
“Our Blockchain solution solves a myriad of issues including the privacy of Provider-Biller-Payer-Patient-Bank data. Blockchain will also support our on-demand payment offering Convert2Pay™ because of Cipher keys and enable the use of smart contracts in a highly fragmented marketplace,” says Liquid FSI President and CEO, Frank Capozza. “We believe that TVS Next has the depth of resources we need to serve the $3.6 trillion healthcare market,” Capozza concluded.
The agreement with TVS Next is another move by Liquid FSI, Inc., to revolutionize the healthcare payments ecosystems platform called Convert2Pay™. Last year, the Company hired Sundeep Kumar, CFA, as its Chief Operating and Risk Officer from JP Morgan Chase where he was head of global risk. Sundeep is a recognized expert in Blockchain technology for the financial technology industry. The Company also appointed Dr. Diwas KC, to its board of advisors. KC is a nationally known expert in U.S. healthcare operations and a data scientist. He is a professor at Emory University.
Founded in 2015, Liquid FSI, Inc., is a New York based FinTech company focused on the $3.6 trillion U.S. healthcare industry. Using machine learning and proprietary algorithms the Company is targeting nearly $1 trillion in Provider receivables.