Medical Receivable Factoring

Great rates for all your Medical Receivables Factoring
If you can't wait up to 90 days to get your claims paid, we can help. Healthcare industry is using debt-free medical receivable factoring as a strategic to keep their balance sheets in line with these needs.

Accelerate cash flow by turning receivables into working capital
Insurance claims paid in less than 24 hours
No more stress dealing with receivables with an immediate infusion of cash

Protect your credit ratings by making the balance sheet healthier. Compare for yourself how fast factoring will change your balance sheet. You put in your owe numbers and see that factoring is your answer to cash flow issues. Cash Flow Calculator

Commercial Insurance
HMO/PPO
Managed Care

Medicaid
Medicare
Private Insurance

Medical receivable factoring can be used by many different healthcare businesses.

Ambulance and Medical transport companies	Independent physician associations
Associated medical groups	Laboratories
Clinics, Drug counselors, Drug & Alcohol treatment centers and behavioral health clinics	Medical centers
Day surgery centers	Medical staffing, nurse staffing
Dialysis facilities	MRI centers and other diagnostic centers
Durable medical equipment suppliers	Nursing homes and Assisted living facilities
ER management companies	Pharmacies and Pharmaceutical companies
General practitioners and Group Practice Physicians	Physical therapy groups
Home healthcare companies	Radiology centers
Hospitals and Outpatient Facilities	Rehabilitation-physical therapy companies
Internists and Surgeons	Walk-in centers

Factoring medical receivables is simple to set up and implement. The most important consideration to consider is that the financial line is based on your net collectibles rather than your gross collectibles. Net collectibles is the amount that the insurance company actually pays for the claims.

1. You submit your claims to insurance companies, HMOs and Medicare/Medicaid. Whether you have In-House Billing or Outsource to a billing company, we work with both.

2. You submit copies of the claims

3. We advance you up to 85% of your net collectibles (a reserve of 15% is not advanced to offset discrepancies)

4. You get immediate funds while we wait for the claims to get paid

5. Once the claims are paid, the transaction is settled and we rebate any remaining reserves. Funds can be paid either via check or direct deposit/EFT

Stop feeling like you are a part -time banker for your customers? Take a look at your accounts receivable aging schedule and count the number of accounts over 30, 60 and 90 days.

Credit line based on percentage of eligible accounts receivable.
Easy to understand financing fees.
Invoices funded within 24hrs.
Eliminate the need for bank loans or SBA loans.
Start to Funding can take place in 3 to 5 working days.
Start up companies welcomed, No monthly volume requirements or penalties.
Attend to more pressing matters, such as the welfare of your business and employees.
Factoring allows you to turn your idle receivables into instant cash.
Ease your current financial pressures today with factoring.

We specialize in providing medical factoring receivables to healthcare providers nationwide. Currently, we finance medical healthcare clients whose funding needs range from $50,000 to $12 million.

Lets get started today with your medical receivables factoring.