 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.
|
