Medical Billing AR
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  1. #1
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    Medical Billing AR

    I know traditional factors do not factor medical since the end payer is usually doctors. Are there any lenders that can factor medical billing AR?

  2. #2
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    Quote Originally Posted by Sachip24 View Post
    I know traditional factors do not factor medical since the end payer is usually doctors. Are there any lenders that can factor medical billing AR?
    Most factors will not because the end payers are insurance companies, Mdeicare, and Medicaid. Xynergy in Boca specializes in factoring healthcare AR.

    KH
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  3. #3
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    Quote Originally Posted by Kevin Henry-Seacoast View Post
    Most factors will not because the end payers are insurance companies, Mdeicare, and Medicaid. Xynergy in Boca specializes in factoring healthcare AR.

    KH
    Thank you Kevin.

  4. #4
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    Yes we have factors that can factor insurance receivables. Min 500,000. MUS have at least 1M in AR

  5. #5
    Quote Originally Posted by Sachip24 View Post
    I know traditional factors do not factor medical since the end payer is usually doctors. Are there any lenders that can factor medical billing AR?
    We can present an AR LOCC with terms in the range of,
    -.5%-2.5% monthly interest fees
    - Advance rates of 75% - 95% on all purchased accounts
    - Up to 24 months revolving term
    David Sica
    Director of Strategic Partnerships
    AllFi Solutions Inc.
    Direct: 347.831.4336
    Email: Davids@allfisolutions.com

  6. #6
    Veteran Reputation points: 135672 Chambo's Avatar
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    Doesn't Rapid have a Medical Receivables division?

  7. #7
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    Quote Originally Posted by AllFiSolutionsDavid View Post
    We can present an AR LOCC with terms in the range of,
    -.5%-2.5% monthly interest fees
    - Advance rates of 75% - 95% on all purchased accounts
    - Up to 24 months revolving term
    you can factor medical AR with this program you mentioned?

  8. #8
    call jason hes got a lady
    The Rose Funder l 917.228.4970
    bander@therosefunder.com
    Highlands NJ 07732
    http://www.therosefunder.com

  9. #9
    We focus exclusively on medical AR factoring. Feel free to call or email with scenario.
    Ben Rutkevitz
    Alleon Healthcare Capital
    benr@alleoncapital.com
    (201) 340-6346
    http://www.alleonhealthcare.com/

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