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freshbill.net

Freshbill

Fresh take on participant reimbursements

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Summary

Freshbill is a mobile-first reimbursement platform for clinical trial sites that automates receipt capture, expense validation, and payment disbursement, turning a messy manual process into a seamless, auditable workflow.

Target Audience

Community-run clinical trial coordinators at small-to-mid-size research sites who manage participant reimbursements for travel, meals, and study-related expenses.

Economic Engine

Usage-based per reimbursement transaction processed (e.g., $1 per payment disbursed) with a flat monthly platform fee for sites with up to 50 active participants.

Point of Difference

Unlike general expense management tools, Freshbill is purpose-built for clinical trial protocols—it understands IRB-approved reimbursement limits, visit-specific allowances, and can automatically adjust for multi-site rules without manual configuration.

Problem Statement

Community-run clinical trial coordinators spend hours manually processing participant reimbursements—collecting paper receipts, verifying against complex protocol rules, and issuing payments. This manual workflow leads to errors, delays, and participant frustration, while coordinators lack time for patient care.

Solution

Combines AI form-filling assistant (auto-extracts receipt data from photos), AI knowledge retrieval (matches expenses against protocol-specific reimbursement rules), and a forms portal (for participant submission via mobile app). Coordinator reviews AI-suggested amounts via a dispatch console before approving payments.

Core Value Proposition

Cut reimbursement processing time by 80% while eliminating errors and ensuring full audit compliance, freeing coordinators to focus on patient care.

Killer Features

  • Snap & Submit: Participant photograph receipt—AI extracts date, amount, category, and key fields into a submit-ready form
  • Rule Engine: Automatically flags out-of-policy expenses (e.g., travel beyond allowed radius) based on the participant's protocol arm
  • Coordinator Console: Single dashboard to approve, modify, or reject batches of reimbursements with one-click audit notes
  • Instant Payout: Connects to Stripe or Dwolla to issue payments directly to participant's bank or prepaid card

Pros

  • Significantly reduces administrative burden for coordinators
  • Improves participant satisfaction with faster, transparent reimbursements
  • Built-in audit trail simplifies regulatory compliance
  • Works offline—participants can capture receipts even without internet

Cons

  • Requires participant willingness to use a mobile app
  • HIPAA and GDPR compliance add complexity to data storage
  • Integration with existing payment systems (e.g., bank ACH) may require additional setup
  • Small sites with very low volume may find per-transaction fees less cost-effective

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