Medical Receivable Financing

Medical Staffing Agencies - Medical Receivable Financing.

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How is Medical Receivable Financing

Medical Receivable Financing Video Clips. Duration : 3.03 Mins.

We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Medical Staffing Agencies . Healthcare providers nationwide can apply for medical receivable financing. After Factor Finders assess the net realized value (NRV) of invoices to third party payors, we advance cash to healthcare providers. Third party payors include: Commercial insurance companies HMO/PPO Managed Care Blue Cross-Blue Shield Medicare Medicaid Medical Factoring vs. Asset Based Medical Receivable Financing Medical Factoring supports medical providers with accounts receivable worth 0000 or less. Factor Finders will purchase your invoices at a discount and grant a credit line. Clients who billings exceed 0000 in NRV often qualify for an asset based medical receivable financing program that offers credit based on prime plus schedule. Invoices must be aged no more that 150 days from service date. Fixed fee or prime-based financing fees and one-year minimum terms apply. Payments reach your account within four to six weeks from receipt of an initial underwriting package. Financial Management Impacts Patient Care Healthcare provides need sound financial management to offer quality care. Factor Finders can aid providers by managing accounts receivable and freeing them to treat patients. Our experienced staff has decades of combined experience in processing healthcare billings. Third-party payors often succumb to bureaucratic billing structures that delay payments. These slow paying customers (account debtors) restrict your working capital as you wait for remittance. We service a network of ...

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