Navigation       Home                            Contact                           Link

AMAZONTAGHERE6

 

ARTICLE PREVIEW

How to Add a Touch of Warmth to Every Home: It’s as Easy as 1-2-3
(ARA) - It seams that as we spend more and more time in our homes we are always looking to make our quality of life better. We are constantly seeking new ideas that embody both form and function....read more

How to Use Page Generators Effectively
There are many flavors of page generators out there, some go above and beyond the call of duty while others are still generating pages that will get the site owners banned by the search engines. You...read more

How to Find the Perfect Music Box
There are many types of music boxes to collect. From beautiful inlaid music boxes to exquisite wooden keepsake boxes and carousel music boxes, the music box and antique collector have much to...read more

HOME >> How to Finance a Growing Healthcare Company

 

YOURIMAGEHERE3

How to Finance a Growing Healthcare Company
By Marco Terry

 

 

Do you own a healthcare business. Learn how you can grow it financing your insurance claims.

Owning a healthcare business or practice can be very profitable and very challenging at the same time. Having to wait up to 90 days to get paid by insurance companies, HMOs and Medicare/Medicaid can wreak havoc on your company’s cash flow. This problem can easily be compounded if you have regular periodic expenses, such as rent and payroll, which must be met.

Going to the bank may be of some help, especially if you are a doctor, are willing to personally guarantee a loan and own a medical office. If you run any other type of healthcare business that bills insurance or Medicare you may be out of luck. Banks almost always require significant collateral and three years of audited financials. To make things more complicated, most bank financing has maximum limits. Much like a credit card maximum, once you reach it, that is the end of the line. But what if your business is growing?

Medical factoring allows you to finance your business by using your slow paying insurance claims as collateral. In effect it reduces the time it takes you to get paid from up to 90 days down to a few days. You can use the financing to pay rent, meet payroll and pay suppliers. You can also use it to grow your business.

As opposed to other financing tools, factoring has no arbitrary maximum limits. Your maximum amount of financing is solely determined by how much you invoice. The more you invoice, the more you can finance. Factoring enables you to grow your business and eliminates having to wait to get paid by insurance companies and by Medicare/Medicaid.

Medical factoring is easy to qualify for. It works equally well for new and for established healthcare companies. If you cannot afford to wait up to 90 days to get paid by your insurance carriersBusiness Management Articles, you must consider factoring as a solution.

ABOUT THE AUTHOR
We can provide you with a free medical factoring, medical receivables factoring quote or business financing quote. Marco Terry can be reached at (866) 730 1922.

Copyright (C) Commercial Capital LLC. Article may only be reprinted if it is not modified and if all links are kept intact.

Return to HOME to read more articles
 

RSSTAGHERE4

 

COPYRIGHT © 2009-2015 HOW TO - ALL RIGHT RESERVED

 

CLICKBANKBUDDYTAGHERE5