Healthcare Accounts Receivables Financing
If you own a healthcare based service facility and are short on funds due to late payments, then you are eligible to apply for factoring your invoices. We at US Med Capital have been working with healthcare service providers in offering them our factoring services.
The medical provider receives invoices from a healthcare vendor A copy of these invoices are submitted to the healthcare factoring company, such as US Med Capital, by the healthcare vendor.
US Med Capital then purchases these invoices for 80% to 90% of their total value Within the next 24-48 hours, the vendor receives the amount in their bank account directly.
In order to avoid a situation where the vendor’s bills had errors or the bills remain unpaid, the remaining 10% to 20% amount serves as a buffer.
Once the payments has been received from the medical providers, the factoring fee is deducted from the reserve and the remaining amount is returned to the vendor.
Start Benefiting From Healthcare Factoring. At US Med Capital, we know how long it can take for you to get paid by Medicare, Medicaid or other insurance companies. This is something that can severely hinder your cash flow, resulting in you being unable to pay your staff or get the necessary supplies you need for your healthcare facility. To help you in this difficult situation, we offer you a way out with our Healthcare Factoring!
Healthcare Factoring Fast, Simple, Secure Funding Solution