How Cylerity’s AI-powered platform is turning claims into near-immediate cash-flow for providers amid reimbursement delays.
Highlights:
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Cylerity has secured $4 million in seed funding, led by HealthX Ventures, to expand its AI-driven payment acceleration solution for healthcare providers.
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The company also arranged up to $24 million in debt-facility capacity via First Business Bank to enable rapid payouts of claims receivables.
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By leveraging machine learning and anomaly detection on claims and EMR data, Cylerity advances funds within 24 to 48 hours after claim submission—sharply reducing traditional 45-120 day payment lags.
Summary :
In today’s strained healthcare environment, many providers face severe cash-flow hurdles: delivering care only to wait weeks or even months for reimbursement from insurers or government programs. Cylerity is tackling this critical bottleneck head-on. Based in Madison, Wisconsin, the fintech-healthcare firm uses an AI-powered platform to analyze claims-submission data, estimate when and how much will be paid, and then advance funds to providers within a day or two of submission.
With its recent $4 million seed equity raise and a parallel $24 million debt facility, Cylerity is scaling its engineering, data science and partnership efforts across banks, clearinghouses and EMR systems. Its goal: to convert claims receivables into working capital and give providers access to predictable liquidity rather than being caught in the reimbursement lag.
For healthcare practices—especially small or midsized ones—the benefits are tangible: reduced operational strain, less reliance on expensive borrowing, and more stable cash-flow to invest in staffing, technology or expansion. As provider margins stay tight and reimbursement processes remain opaque, Cylerity’s model could represent a meaningful leap forward in healthcare finance—bringing speed and predictability where delay and uncertainty previously ruled.
