Ely Capital Funding, LLC     




What Are Medical Receivables?

Medical Receivables are payments owed to health care providers and manufacturing companies by insurance companies, Medicare, or Medicaid.

Note: Typically, this does NOT include payments owed to health care providers by patients.

How Are Medical Receivables Created?


Medical Receivables are created when a health care provider renders service or a manufacturer provides equipment to a patient and is waiting for reimbursement from an insurance company, HMO, PPO, or government source.

In the medical industry, it is not uncommon for repayment to take from 60 to 120 days. Delays in receiving payment create cash flow problems for physicians and other health care providers. Selling these receivables can help the provider of services or equipment stay current with payroll, taxes, overhead expenses, or other obligations.

Health care-related practice costs are increasing, while reimbursement rates to health care providers are decreasing. Medical accounts receivable factoring is a funding alternative that can help your practice run more smoothly by creating a continuous income stream and positive cash flow.

Are you waiting to be paid by an insurance company, HMO, PPO, or government source such as Medicare or Medicaid? 



Let us explain how we can help get you the CASH you need now by selling your medical receivables.