Medical/Dental Practices?
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  1. #1
    Give ProMED/ Rapid a call. Able to capture repayment by taking a % of medicare / medicaide/ private insurance, as well as ACH .

  2. #2
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by Tomjg View Post
    Give ProMED/ Rapid a call. Able to capture repayment by taking a % of medicare / medicaide/ private insurance, as well as ACH .
    The issue with ProMed is that you base it only on the direct deposits form insurance. What about all the cash deposits or copays you are missing out on?

  3. #3
    Chambo - not at all. We underwrite based on all bank deposits. We can offer repayment options based on capturing a percentage of a practices insurance or via ACH. Shoot me an e-mail or give me a call to discuss further in you have any interest.
    Tom

  4. #4
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by Tomjg View Post
    Chambo - not at all. We underwrite based on all bank deposits. We can offer repayment options based on capturing a percentage of a practices insurance or via ACH. Shoot me an e-mail or give me a call to discuss further in you have any interest.
    Tom
    Pro-Mac (precursor to Pro-Med) used to split on the insurance payments. If you are now looking into cash deposits/payments as well...well then what distinguishes you from any other ACH based lender? Why submit to you as opposed to anyone else?

  5. #5
    Quote Originally Posted by Chambo View Post
    Pro-Mac (precursor to Pro-Med) used to split on the insurance payments. If you are now looking into cash deposits/payments as well...well then what distinguishes you from any other ACH based lender? Why submit to you as opposed to anyone else?
    Great question- glad you asked Chambo. If for no other reason, the fact that we offer both can make the difference in whether a doctor or medical professional takes a deal. That being said, there's also the whole consciousness of kind thing. People like dealing with like people. We are on top of the medical industry. We speak their language so to speak. We know what's going on within the medical arena . This to can help push a deal over the edge. It can especially prove beneficial when it comes to renewals. Everyone in my office, from sales support to closing is current with today's healthcare market place. So when a doctor or medical professional gets a call from renewals it's not just "you are up for a renewal, do you need more money". Would love a chance to work your medical deals and show you.

  6. #6
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by Tomjg View Post
    Great question- glad you asked Chambo. If for no other reason, the fact that we offer both can make the difference in whether a doctor or medical professional takes a deal. That being said, there's also the whole consciousness of kind thing. People like dealing with like people. We are on top of the medical industry. We speak their language so to speak. We know what's going on within the medical arena . This to can help push a deal over the edge. It can especially prove beneficial when it comes to renewals. Everyone in my office, from sales support to closing is current with today's healthcare market place. So when a doctor or medical professional gets a call from renewals it's not just "you are up for a renewal, do you need more money". Would love a chance to work your medical deals and show you.
    "gets a call from renewals..."????? Are you saying you are trying to take over the deal?!

  7. #7
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    Quote Originally Posted by Chambo View Post
    "gets a call from renewals..."????? Are you saying you are trying to take over the deal?!
    That is exactly what I was thinking. Its great you "speak their language" but as an ISO I would want to actually handle funding and renewing them.

    I definitely have to learn more about that program so I can articulate it to them.

    With all the uncertainty over OBUMacare what type of reception has everyone been getting from the Medical field? Besides UCC filings how have you all reached out to doctors?

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