Medical Accounts Receivables Financing

RECEIVABLE FINANCING

Healthcare providers today are facing a reduced market share and diminishing reimbursement schedules. A decrease in cash flow is causing providers to exhaust their cash reserves. Because of this, many providers are experiencing difficulty in meeting their financial commitments. Providers find that more of their time has to be devoted to financial issues.

The largest asset for most providers is their accounts receivable, yet banks typically do not lend money on these accounts receivable.

With our Accounts Receivable Purchasing Program the provider can have the use of funds that were previously unavailable. The sale of receivables provides “off balance sheet” funding. Cash replaces account receivables, which are normally valued by financial institutions at much less than their true value. The sale of receivables, unlike a loan, causes no additional debt to the provider, and because of our ability to secure medical receivables, we look to the credit worthiness of the collateral rather than that of the provider.

We use our energy and expertise to make receivables financing available to health care professionals in a manner that is timely and easily understood. We will provide firm commitments and efficient processing from application to funding.


ABOUT OUR PROGRAM

After providing service, most health care providers must wait sixty to ninety days to be paid. This can cause financial stress in even the best-managed offices.

Regardless of how efficient the account receivable management department,, there is often a need for additional funding. Solution!  Under our Accounts Receivable Purchasing Program payment for services is within days of creating an invoice. Through a series of regular receivable purchases, we can restore predictable cash flow.

In our program the provider continues with their current billing and collections functions. We will interface with the data processing system to gather all of the billing information. We provide all remittance information to the provider for processing. Other than funding activities, our presence is almost invisible to the provider and the outside world.

To obtain a no-cost, no-obligation analysis, simply complete a questionnaire and return it with:

1. Current and prior year Profit/Loss (income statement).
2. Current and prior year corporate Balance Sheet.
3. Current accounts receivable aging report (in 30-day increments).

A Letter of Intent will be provided within two working days. This will outline the value of your receivables and the amount we can advance to you on our initial purchase.

Capital4HealthCare, LLC