Cylerity Corporation
Cylerity creates financial improvement products for healthcare providers. By leveraging modern data plumbing and machine learning, Cylerity’s solution makes cash available to providers within 24 hours of claim submission at lower rates than its closest competitors. Providers of medical care often wait 45-90 days to get paid by insurance companies after completing a service; this causes working capital challenges, especially for certain providers like an independent community hospital. Access to payment within 24 hours allows healthcare providers to more effectively manage expenses, reduce costs, and fund growth.