Working with tight cash flows is one of the main challenges of running a medical office, diagnostic center, nursing home, or any business that invoices medical insurance claims. This problem is increasingly common because three trends are happening at the same time: Insurance payment amounts are decreasing Payment times are increasing Operational costs are increasing […]
Medical
What is Medical Factoring?
Medical factoring helps companies that bill private insurance companies, Medicare, or Medicaid, and have cash flow problems due to slow payments. This type of financing is commonly used by healthcare providers and medical professionals of all specialties. What problem does medical factoring fix? One of the greatest challenges for companies in the healthcare industry is […]