It is quite common in the medical industry for repayment for services rendered to take from 60 to 120 days. Delays in receiving payments creates 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 providers can now take advantage of accounts receivable funding to quickly receive the funds that might normally be delayed by slow-paying third parties, such as:

• Commercial Insurance Companies
• Blue Cross/Blue Shield
• HMO's
• Medicare
• Medicaid

Our highly specialized funding sources can advance funds to you in exchange for your accounts receivable and assist you with the collection of your accounts receivable, which will leave you free to focus on your business and allow you to meet your current budget and expenses.

You can avoid the long delays between the time you perform a medical service and the time you are ultimately paid, which many times creates a strain on your cash flow. You can now take advantage of medical accounts receiving financing to improve your cash flow and increase your bottom line.

What is medical receivable funding?

When you take advantage of medical receivable funding, you will receive immediate cash for your billings to third-party payors (such as those listed above) from the receivable funding source. The funding source collects payments from the third-party payors.

Who can benefit?

Health care providers who can benefit from medical receivable funding service include those who provide any medically related service where commercial insurance companies or government insurers are the debtors.

Examples of health care providers who take advantage of medical receivable funding include:

• General Practitioners
• Anesthesiologists
• Internists
• Ophthalmologists
• Optometrists
• Podiatrists
• Psychiatrists
• Surgeons

The benefits to your practice when taking advantage of medical accounts receivable include:

• Improved consistency of your cash flow
• Increased overall percentage of billing on which you collect
• Reduced time between when you provide a service and the time you are paid.
• Reduced administrative costs by taking advantage of the economy-of-scale by sharing overhead with many other providers.

Who Can Benefit from the Sale of a Medical Receivable?

If you are 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.

For additional information contact:

Ray King <> The ProCoach
Phone: 832-615-9124  *  Fax: 832-615-9570
Email: Ray@TheProCoach.com