Medical factoring is called to help companies that bill private insurance companies, Medicare, or Medicaid, and face cash flow problems because of slow payments. Medical Factoring is also called Medical Receivable Financing and is used by healthcare providers and medical professionals of all specialties. Medical Factoring or Medical Receivable Financing Through Medical Factoring, the healthcare providers receive an asset-based credit line. The latter is based on the net realized value for their billings to third-party payors such as commercial insurance companies, HMO’s (Health Maintenance Organization), Blue Cross-Blue Shield, Medicare and Medicaid. Sometimes, it takes too long for companies in the […]

Read More…