Medical Receivables Financing for your Cashflow Crunch

In the healthcare industry, more so than in any other industry, your cash flow, and therefore your business is controlled by someone else.
Whether caused by seemingly built-in insurance company delays, or the all too frequent difficulty in getting your charges and paperwork accepted by Medicare or Medicaid, getting paid for your services can often take months. As a result, the growth and stability of your healthcare facility can be threatened.

When traditional methods for solving cash flow problems, like bank financing, are insufficient, unavailable or completely unsatisfactory because of the additional burdens they place on your facility, many people do not know where to turn.

Fortunately another option is available - accounts receivable funding or factoring.

Unlike bank loans, there is no interest, nothing to repay and the amount that can be funded is limited only by the amount you bill each month. Best of all, with accounts receivable funding, you can regain control of your cash flow and your business.

By Afra AmirSanjari
Published: 8/26/2005
 
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