RCM Measured in Minutes

Payment Infrastructure Modernization for Healthcare

The U.S. healthcare system wastes $200–350 billion annually on administrative friction—billing complexity, payment delays, prior authorization bureaucracy, and claims rework.

PIM Health replaces decades-old batch processing with near-real-time payment infrastructure. Providers get paid in days, not months. Patients know what they owe before they leave.

No new programs. No statutory overhaul. Just modern infrastructure.

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The $350 Billion Problem

Healthcare payment infrastructure hasn't meaningfully evolved since the 1980s. While every other industry processes transactions in real time, healthcare still runs on batch processing, sequential payer interaction, and manual reconciliation.

Providers

Wait 45–90 days to get paid

Patients

Don't know costs until bills arrive weeks later

Physicians

Spend more time on paperwork than patients

Employers

Absorb administrative waste in every premium dollar

This isn't a coverage problem. It's an infrastructure problem. And infrastructure problems have infrastructure solutions.

How PIM Works

PIM doesn't replace insurance. It modernizes the pipes.

1

Real-time eligibility

Know coverage before the visit

2

Provider attestation

Physicians certify necessity; no clerk gatekeeping

3

Instant adjudication

Claims process in minutes, not weeks

4

Immediate payment

Providers paid in 24–72 hours

5

Post-payment validation

Oversight through analysis, not prior auth

For Patients

Today, you don't know what you owe until weeks after your visit—if then. Surprise bills aren't a bug; they're a feature of a system built on delayed coordination.

Know your cost at checkout

Near-real-time out-of-pocket determination means no more guessing. Your share is calculated before you leave the exam room.

No more surprise bills

Coordination of benefits happens in minutes, not months. All payers—primary, secondary, HSA—are queried simultaneously.

Faster access to care

Streamlined prior authorization removes administrative barriers that delay treatment when you need it most.

0

Surprise bills

72h

Payment, not 90 days

For Providers

The average practice waits 45–60 days to get paid. 10–15% of claims require rework. Physicians spend 14+ hours weekly on prior authorization. This isn't healthcare—it's paperwork.

Payment in 72 hours, not 90 days

Real-time adjudication means real-time cash flow. Stop financing your payers' float.

60–80% reduction in cost-to-collect

Cleaner claims, fewer denials, less rework. Your billing staff can focus on exceptions, not everything.

Your clinical judgment, restored

Provider attestation replaces insurance clerk gatekeeping. You certify medical necessity; validation happens post-payment through peer review.

PIM was designed by Don Peterson, founder of IVX Health—a specialty infusion network that grew to 120+ locations before acquisition in 2024. He built this because he lived the dysfunction firsthand.

For Programs & Plans

Administrative costs consume 15–25% of U.S. healthcare spending—double the international benchmark. PIM provides infrastructure-level savings without requiring benefit changes or new mandates.

$75–150 billion in addressable waste

Real-time processing eliminates rework, denials, and float. Savings flow through to premiums, coverage expansion, or treasury returns.

Proactive oversight, not punitive audits

Pattern analysis catches problems before they compound. Education and correction replace retroactive clawbacks.

Program-agnostic infrastructure

Works with Medicare, Medicaid, commercial plans, and self-insured employers. One infrastructure layer serving all programs.

Initial federal investment: $40–60B over 5–7 years.
Projected ROI: 10–20:1 over ten years.

$150B

Addressable annual waste

DP

Built by an Operator, Not a Theorist

PIM Health was founded by Don Peterson, who founded IVX Health and was its CEO until 2018. IVX now has over 150 locations nationwide. He designed PIM because he experienced the system's dysfunction firsthand—by a regulatory framework that penalizes innovation rather than rewarding it.

He designed PIM because he experienced the system's dysfunction firsthand—including $3M+ in clawbacks caused by regulatory frameworks that penalize innovation rather than reward it.

This isn't policy written by consultants. It's infrastructure designed by someone who's signed the checks.

Before IVX Health, Don spent 20 years in technology, including a decade at AMD and founding DeskStation Technology (acquired by Samsung). He brings the same systems engineering mindset to healthcare's most intractable administrative problems.

Get the Full Framework

The complete PIM whitepaper details the technical architecture, economic case, implementation roadmap, and policy positioning—including the provider attestation model that replaces prior authorization.