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| Examples of A/R Financing | FAQ - Medical A/R Financing |
Medical A/R financing
If you are in the medical field, then you well know the problem of NOT being paid quickly. Insurance companies pay slow and when billing errors occur, it takes forever for them to tell you.
Medical Accounts Receivable Financing accelerates receipt of payment and improves your cash flow. You receive a quick advance based upon the insurance carrier’s approved payment rate.
When a billing error occurs, the lender helps you resolve it and quickly re-submit. Gone are the days of a large stack of errors that are 60 or 90 days old.
Selling your Medial A/R is beneficial...
| 1) | Quick payment on slow paying insurance claims. | |
| 2) | Assistance with billing errors. | |
| 3) | You will save money in the accounting office as less time is needed to process A/R payments. | |
| 4) | A/R reports are available. | |
| 5) | Save time in chasing after slow payers. |
What types of medical receivables?
| Medi-Medi | |
| Worker’s Comp | |
| Third party billings | |
| PI | |
Who benefits from Medical A/R Financing?
| MD, OD clinics or individuals | |
| Hospitals | |
| Labs | |
| Convalescent homes | |
| Pharmacies | |
| Therapists | |
| Home Health | |
| Medical equipment |
| Staffing | |
| Supplies | |
| Equipment | |
| Services | |
| Transporters |
Accelerated payment is available to you, even if you are not billing insurance carriers or other third parties!
If you are a DDS, DC or you have a lot of patients who do individual pay, please contact us for further discussion.
Now is the time to solve your cash flow crunch!