by administrator | Jun 24, 2015 | News
A contractor with the City of Detroit providing needed behavioral and developmental health services for youngsters requiring this type of help, could not sustain his growth and faced losing his contracts and more importantly losing his business. The program under...
by administrator | Jun 24, 2015 | News
A Compounding Pharmacy in the Southeast billing about $50,000 per month saw its business growing in geometric proportions. Before long he was billing over ½ million per month. Naturally he had to increase cash flow to stock up on compounding components, pay his FedEx...
by administrator | Jun 24, 2015 | News
Physicians receiving payments as “medical directors,” advisors, consultants etc. have once again raised the hackles of HHS’ regulatory team. In recent communications from HHS to the provider community, HHS once again warned doctors entering into compensation...
by administrator | Jun 24, 2015 | News
A Long Term Acute Care Hospital chain with facilities nationwide found itself, as most facilities of this kind do, in a cash flow crunch month after month. Vendors were complaining about being paid in 120 – 180 days and very often had to threaten the hospital chain...
by administrator | Jun 23, 2015 | News
A few years back when Medicare changed its payment protocol from every two weeks to once per month paid in the middle of the following month, the owners of this hospice immediately recognized the potential loss of cash flow and the ultimate threat to their...
by administrator | Jun 23, 2015 | News
Every day, start ups and growing companies face a common cash-flow conundrum, limited credit availability. Once a bank establishes a line of credit based on a company’s financials it is difficult to increase that line. A young emerging company experiencing a spike in...
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