Medical
Receivable Funding is a rapidly growing segment of the funding industry.
First, the size of the health care industry in general is growing and
shows no signs of declining. Second, in the medical industry, repayment
can take anywhere from 60 to 120 days, whether the funds are coming from
individuals, private insurance companies, HMO's or PPO's or government
sources.
These delays in receiving payment create cash flow
problems for physicians and other health care providers. They sometimes
use up their bank lines of credit and have no other way to obtain
additional financing. 1st Choice Cash Flow Services funds medical
receivables and welcomes your inquiry.
Single-Stop Service
In addition to funding your receivables we can also:
- handle your organization's entire billing
operation - through our affiliate Medical Management Systems,
Inc.--to alleviate staff turnover and accurate in-processing
issues.
- delivering a premier medical billing service that
gives you "real time" read and print access to your
patients' accounts, keeping you instantly and continuously abreast of
your accounts receivables and revenues
- providing management consultancy services
that identifies the inconsistencies and problems in your billing
cycles and shows you how to rectify them
- executing cost reporting services that
enable you to maximize final settlement for cost-based reimbursement
- customized medical industry equipment lease
and sale-leaseback program to help you with your capital needs.