FInancing for Medicare and Medicaid Claims
Medicare | Medicaid
Financing and factoring are longstanding solutions to cash flow challenges faced by healthcare providers, who utilize these methods to factor their commercial receivables and finance claims related to Medicaid, Medicare, and insurance.
Waiting for Government and Insurance Payments?
Even if your business is profitable, waiting for government and insurance payments can negatively impact your cash flow. This delay can create significant challenges in managing day-to-day operations and meeting payroll obligations. To mitigate these cash flow issues, many businesses explore claims financing and receivables factoring.
Consider Medical Receivables Funding
Our product provides financing and factoring solutions, as well as claims funding for accounts receivable, including Medicare, Medicaid, private insurance, and commercial accounts. It is specifically tailored for providers who frequently bill these payors.
Any of our funding products may provide an effective cash flow solution for your healthcare business. This can help your company progress without concerns about cash flow, as we can continue to finance your ongoing receivables and invoices.
- Medical Receivables Financing or Factoring
- Facilities from $500,000 up to $10 million (below $500,000 - click)
- Based on current accounts receivable
- Up to 85% advance rate
Our Healthcare Factoring solutions are available to companies in many sectors of the healthcare / medical industry, including:
- Home Healthcare Agencies
- Medical Practices
- Physicians
- Physician Groups
- Mental Health
- Specialty Pharmacies
- Senior Living Facilities
- Hospitals
- DME/HME
- Medical Transport
- Imaging Centers
- Urgent Care Centers
- And others
Typically, we begin with a phone call to understand your specific situation and funding requirements and to answer any questions you may have.
- How long has the business been operating?
- What were your revenues last 12 months (we will need financials last 2 years and the interim)?
- Billing and Collection History
- How much do you have in accounts receivable (AR aging report)
- AP aging
- Other relevant information, if any
After we have prequalified the transaction based on the above information, we will require a short application and standard information for the specific transaction to underwrite the funding request.
Need The Cash Now?
If you need fast funding to manage payroll, cover operating expenses, or seize a business opportunity, we provide revenue loans that can be funded in just 2 to 3 days. Click here for more information.