GMoney provides no-cost EMI options and advance payments against mediclaim for healthcare services, enabling patients to access treatment without upfront costs. This approach addresses the financial burden of medical expenses, particularly for uninsured or underinsured patients, while facilitating cashless transactions in non-empaneled hospitals.
Funding
Funding not disclosed
Founders
Product
Problem
Many patients in India face financial barriers to accessing quality healthcare, particularly in new or non-empanelled hospitals where cashless mediclaim options are unavailable. Unexpected medical expenses and the need for upfront payments can delay or prevent necessary treatments.
Solution
GMoney provides financial solutions to facilitate access to healthcare services, offering advance payments against mediclaim and no-cost EMI options for medical bills. For patients, GMoney enables access to timely treatment without the burden of immediate costs, even in hospitals outside their insurance network. For hospitals, GMoney streamlines revenue cycles, optimizes billing processes, and provides receivable financing to address delays in claim settlements. GMoney also offers cashless claim assistance, acting as a single window for managing interactions with multiple insurance companies and TPAs.
Target Audience
GMoney serves patients seeking affordable healthcare financing options and hospitals/healthcare providers looking to streamline revenue cycle management and offer financial assistance to their patients.
Features
- Advance Against Mediclaim: Provides upfront funds to cover treatment costs in non-empanelled hospitals.
- No-Cost EMI: Enables patients to pay medical bills in interest-free installments.
- Revenue Cycle Management: Optimizes billing and claim processing for hospitals, from pre-authorization to settlement.
- Cashless Claim Assist: Manages pre-authorization, tracking, query management, and approval processes with over 50 insurance companies and TPAs.
- Receivable Financing: Offers financing solutions to hospitals facing delays in mediclaim receivables.
- Reimbursement Claim Support: Assists patients with reimbursement claims.