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Cylerity
Cylerity
cylerity.com

Locations

Madison, WI, USA

industry

Finance

Size

1 - 10 employees

Stage

Other

founded in

2019

At Cylerity, we use technology and capital to deliver financial resources to healthcare providers—financial tools that are more attainable, more efficient, and more effective. By broadening access to more responsive and lower-cost financial resources, we foster healthcare delivery with broader access, greater affordability, and higher quality. Unlocking the value in third-party payor accounts receivable, Cylerity provides a highly dynamic, low-cost advance on commercial insurance and Medicare reimbursement claims. Our fintech platform inserts between a provider's clearinghouse and the payor, avoiding the need for a provider to make any changes to operations or RCM procedures. Advances are made within hours of claim submission, allowing cash to be used in cost-savings programs from procurement to debt-service. Our fintech platform manages both performance and risk, solving the payment delay problem for healthcare providers and the collateral value problem for capital sources.

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