MEDICAL ACCOUNTS RECEIVABLE FUNDING
"Receive Immediate Cash For Billings To Third Party Payors"

Simply put, medical factoring (medical accounts receivable funding) is the purchase of accounts receivable from a business at a discount. It is designed for businesses that choose not to wait 30, 60, 90 days or more to get paid for the care they provide.

Medical facilities, hospitals and a host of ancillary service providers are now able to improve their competitive position by leveraging their receivables using medical invoice factoring. Many industries have benefited dramatically from accounts receivable funding and have used this service for decades.

The majority of medical service providers and practitioners are unfamiliar with medical factoring and how this powerful financial tool will enable them to:

*Expand your practice.
*Upgrade your facilities and equipment.
*Reduce your payables and operating costs.

Medical factoring (medical receivables funding) is a means by which the healthcare provider receives immediate cash for billings to third party payors. (Commercial insurance companies, hmo's, blue cross/blue shield, medicare, medicaid, etc) We purchase your billings and collect payments from the third party payors.

Some healthcare providers who are already enjoying the benefits of medical receivable factoring are: physicians, hospitals, pharmacies, specialists, chiropractors, surgeons, anesthesiologists, optometrists, podiatrists, mri centers, eye clinics, rehabilitation centers, medical centers, medical labs, medical staffing services, home health care providers, physical therapy groups, dialysis facilities, specialty hospitals, associated physician groups, pharmaceuticals, outpatient facilities, acute care hospitals, er management companies, independent physician associations, day surgery centers, substance abuse clinics, diagnostic centers, general practitioners, medical equipment suppliers, radiology therapy clinics, occupational clinics, medical transport companies. The list goes on and on!

By selling (factoring) your medical accounts receivables, you no longer must wait 45 to 90 plus days for insurance reimbursement. Enjoy a dependable, weekly source of funds within about 7 days of patient treatment!

Medical Factoring: Getting The Most Out Of Your Business:

*We advance you immediate funds based on the value of the claims you have submitted to insurance payors.
*We offer you either direct advances or lines of credit.
*There are no limitations on how you use the funds.
*Many of our clients receive over 90% of the value of their claims. (Medicare and medicaid providers often recover up to 93%)
*You retain control of your billing and your staff.

Our Capital Funding offers the most flexible financing solutions. These are the general financing parameters for transactions.

Financing Parameters:

*Transaction Size: Typically $50,000 to $10,000,000 in net monthly collections.
*Advance Rates: Up to 95% of the estimated reimbursement.
*Term: 1 year commitment.
*Pricing: A flat discount rate, with a one time origination fee on the first funding. (No application or due diligence fees)
*Parameters: Must be able to obtain clear title to accounts receivable. Requires a personal guarantee.

Types of clients who are able to enjoy medical factoring (medical accounts receivable funding): physicians, group practices, durable medical equipment companies, skilled nursing facilities, mri centers, surgery centers, hospitals, home infusion providers, ems/ambulance companies, and any other medical provider with traditional third party insurance claims. We may look at chiropractors, workers compensation and self pay on a case by case basis.

How Does It Work?

When you issue an invoice to a customer, insurance carrier or government agency, you typically need to wait 30 to 90 days or more before the invoice gets paid. During that time, you're earning nothing on that money. Essentially, you're extending your customers an interest free line of credit from your own pocket until they pay.

What Is Different About The Healthcare Industry?

The healthcare industry has the most regulated and confusing system of invoicing and payment of any industry. It's no surprise so many healthcare providers actually never get paid for the services they perform.
Because of this complexity, many funding sources won't do business with the healthcare industry. They prefer the simplicity of less regulated businesses like manufacturing, transportation or apparel distributors.
Our Capital Funding has done the legwork for you by securing funding sources that specialize in the healthcare industry. These are companies that have the expertise and capacity to address the many pressing issues you face on a daily basis.

Clear Benefits

Medical Accounts Receivable Funding Guarantees That The Healthcare Industry Will:
*Improve the consistency of its cash flow.
*Increase the overall percentage of billings collected.
*Decrease the interval between the time they provide service and the time they are paid for it.
*Reduce administrative costs by taking advantage of the economies of scale that result from sharing the cost of collecting accounts receivable with other healthcare providers.

Our Capital Funding realizes that a successful healthcare practice depends as much upon effective financial management as it does on quality care. For this reason, an increasing number of healthcare providers are looking for finance companies that can help them handle their cash flow requirements. We can facilitate financial funding of medical receivables and have a well seasoned staff that was created specifically to handle this unique financial niche.
The long delay between the time you perform a medical service and the time you are ultimately paid, coupled with a bureaucratic and very cumbersome third party billing structure has resulted in diminishing your business cash flow.
By selling your medical accounts receivables, you no longer have to wait 45 to 120 days or more for insurance reimbursement and instead, enjoy a dependable, weekly source of funds within about 7 days of patient treatment!

We Provide Immediate Cash Relief For Optimal Bottom Line Growth

Ideal for any medical related services in which insurance companies and governmental agencies are the debtors.
We provide capital to a nationwide network of healthcare providers including, but not limited to sole practice physicians, group practice physicians, nursing homes, hospitals, home healthcare companies, rehabilitation / physical therapy companies, durable medical equipment providers, mri, radiology centers, ambulance service providers and laboratories. We offer accounts receivable financing for healthcare clients whose funding needs range from $100,000 to $100,000,000. While many industries are very familiar with the use of accounts receivable funding to improve the consistency of their cash flow and increase their bottom line, the overwhelming majority of health care providers have never heard about this service and do not realize what accounts receivable financing can do for them.

Mainstream Accounts Receivable

The mainstream types of medical factoring (medical accounts receivable funding) that we will consider for funding are accounts receivable which are generated by a healthcare service company and are due from third party payors which include the following payor categories: medicare, medicaid, commercial insurance, private insurance, hmo/ppo, and managed care. The average time to collection for most of the Accounts Receivable that we fund range from 90 to 120 days. (We will also consider receivables which collect in longer time periods)

Accounts Receivable Which Are Non Mainstream, But Are Acceptable

We will also consider funding accounts receivable whereby the payors are actually healthcare facilities themselves, such as a nursing home or a hospital, whereby the healthcare provider client is contracting to provide its services to the healthcare facility.
Our standard of service and knowledge of the healthcare industry is unmatched by commercial banks or other finance companies. We provide flexible, asset based loans or accounts receivable purchase funding at highly competitive rates-with no hidden fees.

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MEDICAL ACCOUNTS RECEIVABLE FUNDING
"Receive Immediate Cash For Billings To Third Party Payors"

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