Veuu, an innovative healthcare FinTech company, has entered into a Marketing and Licensing Agreement with the Florida Medical Association (FMA). Veuu will work alongside the FMA to introduce an AI-driven instant payments platform to its membership, who exceed 25,000 physicians. This partnership represents a major milestone in the healthcare industry, aiming to revolutionize claims payment for physicians across Florida.

By introducing instant payments, Veuu is transforming the healthcare payment process through immediate reimbursement for FMA physician members. This approach to payments eliminates outstanding debt for physicians while significantly lowering costs as well as reducing instances of fraud.

Positioned between physicians and insurance companies, Veuu pays physicians instantly at negotiated rate, enabling physicians to receive much needed operating capital rather than waiting weeks, or sometimes even months, for reimbursement from the insurance payer. Utilizing advanced AI technology, Veuu assesses and mitigates the inherent risks in claims by making specific predictions about denials and payment. As a result, Veuu can submit large portfolios of cleaner claims to the insurance companies allowing for a reduction in their need for manual reviews.

Terence Mills, the CEO and Chief AI Architect of Veuu said, "together with Florida Medical Association, we are delivering an innovative solution that enables FMA's membership to utilize Veuu's AI and instant payments platform to address significant challenges in healthcare payments. FMA seeks to improve their Physician practices, and we are eager to help them do just that – we can get Physician's paid immediately. Veuu is thrilled to work with FMA to carry out this initiative and help their membership with instant payments – we want to remove physicians' risk and provide them a way to manage their cashflow in the face of increasing reimbursement challenges."

Veuu and the Florida Medical Association are strategically aligned to drive significant value within Florida's healthcare market by ensuring FMA members receive immediate payments. Veuu's AI-powered platform offers a customized solution for instant payments in healthcare, now accessible to FMA's physician members.
FMA CEO, Chris Clark, echoed the sentiment of collaboration, saying, "We are very excited to sign this agreement with Veuu as they are very aligned with our mission of "Helping Physicians Practice Medicine".