Healthcare Capital Funding LLC is a medical accounts receivable factoring company with offices in Long Beach, California and New York, New York. Healthcare Capital Funding buys medical claims for cash allowing medical providers to receive cash much quicker than waiting for claims to be paid. As is common with medical factoring companies, Healthcare Capital Funding LLC does a “look back analysis” on historical medical claims and payments. The “look back analysis” is used to value the medical claims going forward and to determine the medical factoring advance rate. Healthcare Capital Funding uses a group called SSI to verify the medical claims and scrub the medical claims for errors that would cause those medical claims to get rejected. Healthcare Capital Funding LLC will then advance up to 85% of the net collectible value of the medical claims for claims where the service was performed within 120 days. Healthcare Capital Funding then waits for the medical claims to be paid by third party insurance companies and other 3rd party payors. When payment comes in for the medical accounts receivable Healthcare Capital Funding LLC they subtract their medical factoring fees and remit any eligible factoring reserve monies back to the client.
If medical accounts receivable factoring with Healthcare Capital Funding LLC sounds like a good fit for your practice you can reach them today at:
Healthcare Capital Funding LLC
333 7th Avenue
3rd floor
New York NY 10001
Phone: 212-494-9019
Fax: 646-219-2252
or
Healthcare Capital Funding
One World Trade Center
Suite 2540
Long Beach, Ca 90831
Phone: 562-624-2308
Fax: 562-624-2608
