What Are Medical Receivables?
Medical Receivables are payments owed to health care providers and manufacturing companies by insurance companies, Medicare, or Medicaid. Note: Typically, this does NOT include payments owed to health care providers by patients.

How Are Medical Receivables Created?
Medical Receivables are created when a health care provider renders service or a manufacturer provides equipment to a patient and is waiting for reimbursement from an insurance company, HMO, PPO, or government source.

Here's The Problem:
Today's medical providers are faced with greater challenges than ever before. An evolving economy, spiraling practice costs, and greater demands on cash flow. No longer can healthcare professionals depend on efficient operations alone to secure a successful practice. Receiving full reimbursement for services is more difficult than it was last year.  Current projections show that the worst is yet to come. Under the current insurance system, a myriad of complex Medicare and other insurance regulations and paperwork has engrossed today's medical practice. This has resulted in perpetual problems in cash flow due to delays in receiving insurance and Medicare payments. This situation has been further magnified with obstacles like increased intervention and restrictive banking policies. Thus, it has never been more imperative that bills are collected.

Here's The Solution:
Our funding source's accounts receivables program is designed as a non-tradition option for health and medical businesses’ financing of working capital. The use of your working capital is not restricted and may be used for business growth, acquisitions, equipment purchases and debt refinancing. The funding source we work with has knowledge of healthcare, third party reimbursement, and healthcare finance to deliver clients value-added financing solutions that are superior to conventional financing sources.

What does this mean to you:
Since Medical Accounts Receivable Funding (MARF) is a means in which the healthcare provider receives immediate cash for their billings to third-party payors (i.e. commercial insurance companies, HMO’s, Blue Cross/Blue Shield, Medicare and Medicaid), our funding source will purchase your billings at a discount and collect payments from the third party payors.

Medical accounts receivable financing allows providers to collect money they are owed immediately by accepting a discounted (reduced) amount of the invoice from a third party.

Who Can Benefit from the Sale of a Medical Receivable?
In the medical industry, it is not uncommon for repayment to take from 60 to 120 days. Delays in receiving payment create 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.

Are you 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.