Medical receivable factoring is an ideal method for medical providers to rapidly gain access to their earned money. Through this process, businesses new or old to the medical and healthcare industry can receive assistance in making payroll, expanding facilities, and simply improving cash flow.
How Does Medical Receivables Factoring Work?
Fctoring.io has provided financial management solutions for medical and healthcare providers to help them focus on quality care.
Medical and healthcare providers who bill 3rd party vendors can use medical accounts receivable factoring to receive advanced funds. These payors include insurance businesses, HMOs, Blue Cross/Blue Shield, Medicare, and Medicaid.
What do you need to qualify for Accounts Receivable Factoring?
If your third-party receivables billings average anywhere from 35,000USD to 500,000USD monthly and medical and healthcare providers exceed 500,000USD in billing net realized value per month while maintaining 600,000USD of total accounts receivables: you may qualify for our healthcare asset-based financing program.
Our company specializes in medical accounts receivable factoring, which provides payment to healthcare providers within days and bypasses bureaucratic billing structures. Our chain of medical factoring companies services the following:
Ready to start invoice factoring?
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Factoring for staffing companies in the healthcare industry
If you are in the business of staffing temps, and your company is newly founded, then you may be qualify for our receivables factoring services. All medical receivable agencies with a monthly sales volume ranging from 5,000USD to 10 million USD are covered by our services. No medical invoices should pledged to anyone else including Medicare or Medicaid.