Lever provides financial management and credit solutions tailored for healthcare providers. Their platform helps healthcare organizations optimize their finances and access necessary capital.
Funding
Funding not disclosed
Founders
Product
Problem
Healthcare providers often face delays in receiving payments from health plans, leading to cash flow challenges and hindering their ability to invest in growth or manage operational expenses. The traditional process of waiting for reimbursements can create financial instability for clinics and hospitals.
Solution
Lever provides a platform that accelerates payments to healthcare providers by offering receivable anticipation for claims submitted to health plans. The platform integrates with health plan portals to provide a consolidated view of a provider's receivables, allowing them to select when and how much they want to receive. By unlocking capital tied up in pending insurance claims, Lever enables healthcare organizations to improve their financial health and focus on patient care. Funds are disbursed rapidly, typically within 24 hours, without hidden fees or unexpected costs.
Target Audience
Lever's primary customers are hospitals, clinics, and other healthcare providers that bill health plans and seek to improve their cash flow.
Features
- Integration with multiple health plan portals for a unified view of receivables
- Customizable anticipation options, allowing providers to choose the amount and timing of payments
- Fast funding, with payments processed in as little as 24 hours
- Transparent pricing with no hidden fees or IOF charges
- Management tools for tracking and managing invoices
- Secure platform with bank-grade security standards and FDIC insurance