Why CH FUNDING ENTERPRISES Factoring Service?
CH FUNDING ENTERPRISES provides exclusive access to capital and funding sources for your Medical Factoring needs. We match provider’s medical receivables and treatments/services with bidders, to get the quickest bids and highest rates of return on A/R. In some instances, we will fund directly your private or commercial medical claims. Our Medical Factoring marketplace is Free for any Physician with No Contract or Commitment. We provide a secure, confidential HIPAA Compliant Medical Funding Marketplace. All our buyers and investors are committed to fast funding offers and completion, with required due diligence. We focus to be providing the lowest factoring rate for any physician!
Medical Receivables Factoring
Healthcare Factoring for service-oriented business within the healthcare industry (Invoice Factoring) Medical Receivable Funding or MEDICAL FACTORING for Private and Commercial Insurance A/R (Medical A/R Factoring):
Managed Care
Private Insurance
Commercial Insurance
Medicare
Medicaid
HMO/PPO
CH FUNDING ENTERPRISES provides a Funding marketplace for healthcare factoring for both private, commercial, Medicare, and Medicaid Medical Insurance.
CH FUNDING ENTERPRISES service all types of medical service providers with the opportunity to receive the lowest factoring rates for their medical bills under private/Commercial/Government insurance.
We do not fund self pay but can help in servicing Self pay accounts.
Medical service providers who bill third-party payers for their services (HMO, PPO, Medicare/Medicaid) can receive the lowest factoring rates for the medical claims. We carry rates between 1.8% to over 2 % per month for factoring.
This process is known as Medical A/R Factoring.
Our bidding factoring process is the quickest in the field. We only need the most minimal information to get immediate offers for Private and commercial insurance claims. We usually ask for aging report and ask for small application. It can take a few days to fund a client.
Our bidders compete to service your medical A/R by providing the highest upfront payment for your A/R bills (typically 80-85%) and the lowest factoring rates on total advanced and collected medical A/R. We match your A/R to the right buyer for the best rates and funding process
This matching means you will receive the best terms possible and solid reliable funder for this type of medical funding.
The process is simple and transparent. We conduct calls with client to discuss their funding needs and explain the process after document review.
How Does the Medical Factoring Marketplace Work?
A. Healthcare Factoring
The first option of the medical factoring model is a service-oriented business within the health care industry. Medical transcription services, medical staffing agencies, temporary nurse registries, outsourced medical coding companies, medical billing services, etc. can all greatly benefit by factoring their medical related business invoices!
The Process
A healthcare vendor sends invoices to a medical provider (i.e. physicians’ office, medical clinic, hospital, nursing home, etc.) for services rendered or goods provided. The healthcare vendor then submits a copy of those invoices, in addition to any supporting documentation, to their invoice funding buyer who won the bid for the Factoring Request on CH FUNDING ENTERPRISES.
Next, the winning buyer purchases those invoices and advances 80-85%(based on their bid) of the invoice’s face value. Funds are typically deposited directly into the vendor’s bank account within 24-48 hours.
Winning Buyer will retain a 20% reserve as security in the event some of the vendor’s bills do not get paid or if the invoices had billing errors. When the payment from the medical provider is received, the reserve is released back to the vendor, less the factoring fee.
Healthcare factoring is extremely beneficial to medical business vendors to maintain a positive cash flow when their customers (medical providers) take weeks or months to pay for goods or services.
B. Medical Receivables Factoring
CH FUNDING ENTERPRISES medical receivables factoring includes a third party payer (i.e. Medicaid, Medicare or private insurance company) within the medical billing process. A medical provider submits bills to a third-party payer (i.e. Medicaid/Medicare, HMOs, private insurances, etc.) for the medical services rendered.
The medical provider sends a copy of the bills/claims to their winning bid buyer on CH FUNDING ENTERPRISES Medical Factoring Marketplace.
The winning buyer then purchases the medical provider’s claims/bills and advances up to 80%-85% of the expected net collectible value. Funds are typically deposited directly into the medical provider’s bank account within 24-72 hours.
The winning Buyer/ uses the remaining 15%-20% (reserve) as a security in case some of the provider’s bills do not get paid or if they were billed incorrectly/offset Discrepancies.
The reserve, less the factoring fee, is released back to the medical provider after payments are received.
Medical receivables factoring is a great way for medical providers to bridge the cash flow gap that is frequently created by slow payments from insurance carriers and other third-party payers.
CH FUNDING ENTERPRISES provide the lowest rates for medical factoring rates possible and match and pair medical providers with CH FUNDING ENTERPRISES verified Medical Factoring companies/investors/buyers that specialize in medical factoring.
Some Of The Specialties We Provide Medical Factoring
Ambulance and Medical transport companies
Independent physician associations
Associated medical groups
Laboratories
Clinics, Drug counselors, Drug & Alcohol treatment centers and behavioral health clinics
Medical centers & day surgery centers
Medical staffing & Nurse staffing
Dialysis facilities
MRI centers and other diagnostic centers
Durable medical equipment suppliers
Nursing homes and Assisted living facilities
ER management companies Pharmacies and Pharmaceutical companies
General practitioners and Group Practice Physicians
physical therapy groups
Home health care companies
Radiology centers
Hospitals and Outpatient Facilities
Rehabilitation-physical therapy companies
Internists and Surgeons
Additional Benefits:
Invoices or Medical Claims are funded within 24hrs.
Eliminates the need for bank or SBA loans.
Funding can begin within 3 to 5 working days.
Start-up Medical Service companies are welcomed, No monthly volume requirements or penalties.
You can focus on more pressing matters, such as the welfare of your business and employees.
Medical Factoring allows you to turn your idle receivables into cash and improve your cash flow to fund your business’s growth and expansion
TO GET STARTED
FILL OUT QUESTIONNAIRE BELOW
A FUNDING MANAGER WILL CONTACT YOU SHORTLY
CH FUNDING ENTERPRISES provides exclusive access to capital and funding sources for your Medical Factoring needs. We match provider’s medical receivables and treatments/services with bidders, to get the quickest bids and highest rates of return on A/R. In some instances, we will fund directly your private or commercial medical claims. Our Medical Factoring marketplace is Free for any Physician with No Contract or Commitment. We provide a secure, confidential HIPAA Compliant Medical Funding Marketplace. All our buyers and investors are committed to fast funding offers and completion, with required due diligence. We focus to be providing the lowest factoring rate for any physician!
Medical Receivables Factoring
Healthcare Factoring for service-oriented business within the healthcare industry (Invoice Factoring) Medical Receivable Funding or MEDICAL FACTORING for Private and Commercial Insurance A/R (Medical A/R Factoring):
Managed Care
Private Insurance
Commercial Insurance
Medicare
Medicaid
HMO/PPO
CH FUNDING ENTERPRISES provides a Funding marketplace for healthcare factoring for both private, commercial, Medicare, and Medicaid Medical Insurance.
CH FUNDING ENTERPRISES service all types of medical service providers with the opportunity to receive the lowest factoring rates for their medical bills under private/Commercial/Government insurance.
We do not fund self pay but can help in servicing Self pay accounts.
Medical service providers who bill third-party payers for their services (HMO, PPO, Medicare/Medicaid) can receive the lowest factoring rates for the medical claims. We carry rates between 1.8% to over 2 % per month for factoring.
This process is known as Medical A/R Factoring.
Our bidding factoring process is the quickest in the field. We only need the most minimal information to get immediate offers for Private and commercial insurance claims. We usually ask for aging report and ask for small application. It can take a few days to fund a client.
Our bidders compete to service your medical A/R by providing the highest upfront payment for your A/R bills (typically 80-85%) and the lowest factoring rates on total advanced and collected medical A/R. We match your A/R to the right buyer for the best rates and funding process
This matching means you will receive the best terms possible and solid reliable funder for this type of medical funding.
The process is simple and transparent. We conduct calls with client to discuss their funding needs and explain the process after document review.
How Does the Medical Factoring Marketplace Work?
A. Healthcare Factoring
The first option of the medical factoring model is a service-oriented business within the health care industry. Medical transcription services, medical staffing agencies, temporary nurse registries, outsourced medical coding companies, medical billing services, etc. can all greatly benefit by factoring their medical related business invoices!
The Process
A healthcare vendor sends invoices to a medical provider (i.e. physicians’ office, medical clinic, hospital, nursing home, etc.) for services rendered or goods provided. The healthcare vendor then submits a copy of those invoices, in addition to any supporting documentation, to their invoice funding buyer who won the bid for the Factoring Request on CH FUNDING ENTERPRISES.
Next, the winning buyer purchases those invoices and advances 80-85%(based on their bid) of the invoice’s face value. Funds are typically deposited directly into the vendor’s bank account within 24-48 hours.
Winning Buyer will retain a 20% reserve as security in the event some of the vendor’s bills do not get paid or if the invoices had billing errors. When the payment from the medical provider is received, the reserve is released back to the vendor, less the factoring fee.
Healthcare factoring is extremely beneficial to medical business vendors to maintain a positive cash flow when their customers (medical providers) take weeks or months to pay for goods or services.
B. Medical Receivables Factoring
CH FUNDING ENTERPRISES medical receivables factoring includes a third party payer (i.e. Medicaid, Medicare or private insurance company) within the medical billing process. A medical provider submits bills to a third-party payer (i.e. Medicaid/Medicare, HMOs, private insurances, etc.) for the medical services rendered.
The medical provider sends a copy of the bills/claims to their winning bid buyer on CH FUNDING ENTERPRISES Medical Factoring Marketplace.
The winning buyer then purchases the medical provider’s claims/bills and advances up to 80%-85% of the expected net collectible value. Funds are typically deposited directly into the medical provider’s bank account within 24-72 hours.
The winning Buyer/ uses the remaining 15%-20% (reserve) as a security in case some of the provider’s bills do not get paid or if they were billed incorrectly/offset Discrepancies.
The reserve, less the factoring fee, is released back to the medical provider after payments are received.
Medical receivables factoring is a great way for medical providers to bridge the cash flow gap that is frequently created by slow payments from insurance carriers and other third-party payers.
CH FUNDING ENTERPRISES provide the lowest rates for medical factoring rates possible and match and pair medical providers with CH FUNDING ENTERPRISES verified Medical Factoring companies/investors/buyers that specialize in medical factoring.
Some Of The Specialties We Provide Medical Factoring
Ambulance and Medical transport companies
Independent physician associations
Associated medical groups
Laboratories
Clinics, Drug counselors, Drug & Alcohol treatment centers and behavioral health clinics
Medical centers & day surgery centers
Medical staffing & Nurse staffing
Dialysis facilities
MRI centers and other diagnostic centers
Durable medical equipment suppliers
Nursing homes and Assisted living facilities
ER management companies Pharmacies and Pharmaceutical companies
General practitioners and Group Practice Physicians
physical therapy groups
Home health care companies
Radiology centers
Hospitals and Outpatient Facilities
Rehabilitation-physical therapy companies
Internists and Surgeons
Additional Benefits:
Invoices or Medical Claims are funded within 24hrs.
Eliminates the need for bank or SBA loans.
Funding can begin within 3 to 5 working days.
Start-up Medical Service companies are welcomed, No monthly volume requirements or penalties.
You can focus on more pressing matters, such as the welfare of your business and employees.
Medical Factoring allows you to turn your idle receivables into cash and improve your cash flow to fund your business’s growth and expansion
TO GET STARTED
FILL OUT QUESTIONNAIRE BELOW
A FUNDING MANAGER WILL CONTACT YOU SHORTLY
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