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. Are you a new startup? A 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.
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.
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?
predictable cash flow that covers your expenses like
vendor payments, overhead, staffing costs, and equipment
rentals helps avoid costly fines, penalties and bank