Flex by Finalytics

Automation for your insurance revenue cycle

We understand the challenges you face with untimely insurance payments and days insurance outstanding (DIO).

Flex immediately monetizes your insurance claims and gets you paid in 3 days after claim submission, significantly reducing your DIO, and streamlining your insurance revenue cycle.

Flex automation gives claim-payment data and business intelligence to manage and track all stages of your insurance revenue cycle and customizable dashboard, yielding visibility and easy in-depth analysis of your business.

Request a Demo

“Flex was the missing piece of the puzzle. A reliable process with a simple, elegant system, at a consistent monthly price.”

Chris M · Louisiana Medical

“Flex gives me the peace of mind that my bookkeeping is done correctly so that I can focus on growing my business.”

Melissa L · Healthcare Professionals

“Flex helps keep my business finances crystal clear. No more guessing, no more fumbling around in Excel sheets.”

Tina R · Elite Doctors

Monetize your claims

We know how important getting paid is. Once your claim is submitted, Flex electronically pays your claims in 3 days.

Track your payments

See your payment cash flows at any time. Our business intelligence makes it easy to track claim payment status, while analytics reveals payer trends.

Manage your revenue cycle

Automate your insurance workflows and connect your claim-payment data for clear line of sight into your revenue cycle and business performance.

Our process is easy

We streamline the process as much as possible for you. In just a few easy steps you are up and running — and electronic payments are available to you shortly after — no need to wait. Get started today and get your claims monetized and organized.

Learn More

Step 1

Upload claims and our partner RMS receives and forwards your claims to Flex, which determines allowable claim values.

Step 2

Flex monetizes your claims and correspondingly ACH’s payments with accompanying postable 835’s to you in 3 days.

Step 3

Via your RMS remittance account, Flex receives and balances claim-payment transactions, then determines remaining claim balances.

Step 4

Flex ACH’s remaining claim balances and final postable 835’s to finalize post-adjudicated patient balances.

Please note: A Flex account requires activation of an RMS account.

Let’s chat

We’d love to learn more about your business and how Flex can be of help.

Request a Demo

Commonly asked

Some helpful questions that are commonly asked. For more information, please visit our Help Center.

Visit Help Center

Can my practice keep its billing company or in-house billing?

Yes. Flex will work with your currently billing company to monetize your claims and streamline their revenue cycle process.

Does my practice require a lockbox?

Yes. Your practice will require a lockbox in order to streamline your financing and revenue cycle process, and to sweep and digitize all correspondence.

Why is RMS required for financing?

RMS has the unique ability to process billions of claims annually, allowing Flex to extract data to value and risk adjust every financed claim.

What if Flex does not receive payment from insurance company after financing?

Since we finance a continuous stream of your claims, insurance underpayments can be adjusted against current or future claims to be financed.

What is Weighted Average Days Insurance Outstanding (WADIO)?

WADIO is calculated using the claim values or payer payment times on a weighted basis of each claim payment period in an insurance receivable portfolio.

Why it’s important?

WADIO provides a more accurate depiction of payer reimbursement timelines, taking into consideration the cash value of each claim.

Read our published article about the importance of WADIO here.

Get your insurance claims paid in 3 days