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Commercial Financing... When Your Bank Has to Say No


What Are Medical Receivables?

 

Medical Receivables are payments owed to health care providers 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 provides to a patient and is waiting for reimbursement from an insurance company, HMO, PPO, or government source.

Who Can Benefit from the Sale of a Medical Receivable?

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  stay current with payroll, taxes, overhead expenses, or other obligations... and the provider retains complete control of the billing process. 

No need to change your internal billing procedures or change the outside billing service handling your receivables.

Are you waiting to be paid by an insurance company, HMO, PPO, or government source such as Medicare or Medicaid? Contact us and let us explain how we can help get you the cash you need in 24-48 hours.

For a no-charge, no-obligation market valuation of your medical receivables, click here to go to our on-line application questionnaire.  Once completed and submitted with the required information, you can expect a response within 24 hours.



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