Healthcare claim receivables are illiquid, and financing is costly. Hospitals are cash-strapped. The entire healthcare industry’s receivables are tied up in slow-paying insurance claims. Claims average 45 days to be paid, with up to several months for appeals and requests.
Medliquidity enables real-time conversion of healthcare claims (Medicare, Medicare Advantage, Medicaid, Private Insurer) into asset-backed securities that can be sold in the capital markets, providing hospitals with faster cash at higher advance rates and lower cost.