Medical Finance Questions and Answers

Medical Accounts Receivable Financing

Providing Medical Financial Services Nationwide.

Medical Receivables Program FAQS:

Q: What kind of medical practice/business do you fund? A: We specialize in providing capital to healthcare providers nationwide including doctors, medical practices, nursing homes, hospitals, home healthcare companies, rehab clinics, durable medical equipment providers, MRI and radiology centers, ambulance service providers, laboratories and others with receivables payable by Medicare, Medicaid, HMO's, and private insurance.

Q: Do you fund chiropractor clinics? No, nor certain types of longer turning worker's compensation, personal injury, or no-fault accounts receivable.

Q: Do you fund self-pay receivables? A: No.

Q: How do you determine what the Net Realized Value (NRV) of the receivables are? A: We must do an audit and calculate the average percentage of collectible receivables within recent months, usually 4 to 6 months of collectible history to establish your NRV.

Q: Do you provide a billing and collection service with the receivable finance program? A: Yes, we now offer billing and collections aside from the financing. Each service stands on its own, if you no longer need the financing, you can stay with the billing and collections service or vice versa. We will have a vested interest in your success and by offering a billing and collections service, we feel that your business will be more efficient and successful.

Q: Do you have a minimum time that the program has to be in place? A: Yes, At least one year.

Q: How does my billing company or our in house office send you what we electronically uploaded for billing? A: We supply the integration that makes a file copy of your uploads and forwards the exact information to us. This can be explained with more detail.

Q: I understand that Medicare/Medicaid receivables are not assignable, how are we supposed to assign them to a factoring company? A: We have to establish a lock-box under your business name, and then forwards the funds to us. More details can be obtained on this issue.

Q: I own a temporary employment nurse staffing agency, do I qualify under your medical receivables program? A: We have a program for staffing agencies in general. If your business invoices to a commercial account and not Medicare/Medicaid or HMO's, then you would fall under our normal temp-staffing funding program.

Request a proposal for Medical Temp-Staffing Factoring

Request a proposal at 1 800 450 9653

Click Here - Healthcare Provider Finance Frequently Asked Questions

Click Here - Healthcare Provider Application

Click Here - Medical Staffing Financing

Click Here - Medical Temporary Staffing Application

Click Here- Medical Billing and Collections with Finance

Currently financing medical accounts receivables in the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho State, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

Frequently Asked Questions about Factoring

How does Factoring Accounts Receivable Work? (View Presentation)

Articles related to Factoring:

02-05-2005 Factoring is an alternative form of business financing

02-18-2005 A true story about a Staffing Company about to go out of business

03-10-2005 Is an SBA loan the best answer for your business?

08-28-2006 How to hurdle fast growth financing without adding debt to your business?

Call Toll Free
1 800 450 9653

Available 24hrs. a day - 7 days a week

Request a factoring proposal now!

[About Us] [Medical Provider Factoring Home Page ] [ Medical Finance Application] [Medical Staffing Application]

[Medical Staffing Factoring] [Factoring Staffing Firms]

[Factoring UK] [Canada Home Page] [Factoring USA]