Medical and Healthcare Providers

Medical Accounts Receivables

medical providersIn the healthcare / medical industry, repayment for services rendered commonly takes 60 to 120 days. Payment delays create cash flow problems for physicians and other health care providers. By taking advantage of accounts receivable financing, you can quickly receive funds that typically could be delayed by slow-paying third parties, such as:

  • Commercial insurance companies
  • Blue Cross/Blue Shield
  • HMOs
  • Medicare
  • Medicaid

What is medical receivables funding?

Essentially, it is advancing funds to you in exchange for your accounts receivables. Our specialized funding sources can give you cash immediately for your billings to third-party payors, so you can stay current with payroll, taxes, overhead expenses, and other obligations. The funders will manage collections from your clients─leaving you free to focus on providing medical services and building your business.

Who can benefit?

If you provide any medically related service or product where commercial insurance companies or government insurers are the debtors, you can benefit from medical receivable funding service, just as other health care providers like these do:

  • General Practitioners
  • Associated Physician Groups
  • Hospitals
  • Medical Centers
  • Out-patient Facilities and Clinics
  • Research Labs
  • Physical Therapy Groups and Clinics
  • Dialysis Facilities
  • Medical Staffing Services
  • Anesthesiologists
  • Internists
  • Ophthalmologists
  • Optometrists
  • Podiatrists
  • Psychiatrists
  • Surgeons
  • Dentists
  • Chiropractors

How would you benefit?

  • Improved consistency of your cash flow
  • Increased overall percentage of billings that you collect
  • Reduced time between providing a service and receiving payment
  • Reduced administrative costs by sharing overhead with many other providers

If you are waiting to be paid by an insurance company, HMO, PPO, or government source such as Medicare or Medicaid, contact us. We will explain how we can help get you the cash you need.

Ray King <> The ProCoach
Phone: 832-615-9124 * Fax: 832-615-9570