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| | | | HEALTHCARE RECEIVABLE FINANCING | In the medical industry, receiving payment can take anywhere from 60 to 120 days, whether the funds are coming from individuals, private insurance companies, HMO’s or PPO’s or other government sources. These delays in receiving payment place a tremendous burden on physicians and other health care providers in maintaining sufficient cash flow to keep their healthcare business functioning. |
| | | Typically, lines of credit are arranged through banks to provide a means for keeping the business operating while waiting to receive payments. Many times a bank line of credit is used up and there is no other way to obtain additional funding. Thomson Capital Group's underwriters fund medical receivables large or small nationwide. Whether you are an individual practitioner or a full-size medical facility or hospital, receiving up to 85% of your funds within 24 to 48 hours vs. the traditional 120 day payment timeframe will increase your productivity and profitability. |  |
Your patients can't wait 90 days for treatment... neither can your healthcare business. Benefits of healthcare receivable financing | Avoid additional borrowing | | Improved cash flow | | Expand your healthcare business | | Pay medical insurance premiums | | Meet payroll | | Hire additional staff | | Purchase equipment | | Pay your creditors | | Pay past due debt | | Direct your efforts to practicing better medicine rather than worrying about cash flow problems |
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