HealthcareTTU
Franklin
About HealthcareTTU
Forecasting cash-flows and valuing healthcare accounts receivables (A/R) is difficult. Hospital reimbursement is constantly challenged by politics, budget cycles, managed care, and demographic swings. These uncertainties cause finance teams to spend significant resources manually forecasting value, utilizing a blend of art and science, which produces considerable variability in accuracy. When banks finance hospitals they too rely on manually obtained, sample-based, aged and imperfect information, which results in significant hedging against unknown risk. There is an easier way. HealthcareTTU is an award-winning, healthcare focused fin-tech, that provides automated and hyper-accurate predictive analytics for hospital A/R valuation and cash flow forecasting. Our solution was created in concert with our health system business partners. Together we have proven there is remarkable predictability in healthcare cash flows that may be more efficiently utilized. By leveraging a complete and transparent distributed ledger technology HealthcareTTU provides hospitals with hyper-accurate cash flow forecasts and near real-time A/R valuations. Hospitals may use this information to streamline their own financial reporting. In turn, this information may be used with the banking partners of their choice to enable more effective financial relationships for both parties.
Company Facts
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 1 – 10
- Estimated revenue: $1K – $10K
- Total funding: $5.1M
- Funding stage: Seed
- Last round: Seed (Jan 2017)
- Website: healthcarettu.com
- Phone: +1 (615)861-2330
Industries & Categories
Financial Services, Health Care, Hospital, Information Technology
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