You’ve got people’s lives on the line.
But increased costs and longer times for insurance companies and Medicare to pay are making it tough to keep medical practices and companies going. Accounts that are paid by third party insurers have to be highly scrutinized. These receivables are paid differently by different states. Government and insurance regulations, HMOs, delayed reimbursements, and multiple payers are big challenges specific to the healthcare industry. In the meantime, you’ve got bills that can’t wait for checks that may or may not be in the mail.
Neither can you.
That’s why you need a medical industry insider like First Financial Factoring to give you the flexibility and stability that comes from a steady, predictable cash flow through Medical Factoring. Are you a new startup? A one or two man operation? Or a multi-national corporation? For five decades, we’ve delivered for companies like yours. Pharmacies, physicians, specialty hospitals, surgery and imaging centers, urgent care and rehab centers, ambulance companies, medical labs, home health care and workers comp healthcare providers have all managed their accounts receivable through First Financial Factoring—with outstanding results.
Don’t make the mistake of thinking medical receivables can’t be factored because your client is a person, not a business. In most cases, your payment comes from Medicare, Medicaid, or an insurance company. So those accounts can be factored.
Whether you’re an independent surgeon or the largest pharmacy chain in 24 states, we get you paid on delivery every single time. Imagine having your money within hours. Never again will you have to wonder how you’ll meet your financial obligations. Plus, you’ll immediately have the improved credit and in-hand resources to grow and improve your customer satisfaction, your product, your facilities, or your services.It’s so easy to get started. You can get funded in 3 to 5 business days. That’s instant cash flow in under a week. Remember the last time you waited over 45 days for a single invoice to get paid?