Many medical professionals say that managing their accounts receivable are one of the greatest challenges they face.  Medical accounts receivable are usually by far the largest asset shown on the balance sheet, yet these dollars are often unavailable for long periods of time.

Medical receivables differ from general receivables as they involve a third party, namely insurance companies, Medicare and Medicaid.  Due to the long process associated with reimbursement from third party payors, the need for medical accounts receivable financing has significantly increased.  The program allows medical professionals and institutions to attend to more pressing matters, primarily the welfare of the patient.

The sale of receivables creates zero debt as it is not a loan.  Advances of 75-80% of the estimated net medical account receivable are paid within 24 hours of invoicing, giving you a solid cash flow position on a regular basis.  The remainder 25-20% is re-imbursed when the invoice has been paid, less a service fee.

Initial funding and set-up can take up to 10 days to process.