Healthcare News
Promises to End the ACA Could Be Detrimental
As the GOP attempts to follow through on Trump’s promises to end the Affordable Care Act, they are running into trouble getting Congress to agree on a plan that could wholly replace the ACA. In the past, Republicans have sought to completely repeal the act and replace...
How to Make the Most of Your Money
Healthcare providers are in a fairly unique position in the business world. In most other professions, when a service is rendered, the provider is immediately paid and can then use that fee for whatever they wish. However, when you’re in the business of providing...
Medical Finance: 8 Strategies to Grow Your Healthcare Practice in 2017
As a healthcare provider, you want to give your patients top-notch care with state-of-the-art equipment, comfortable surroundings, and a well-managed office. However, to achieve that level of service, you may need to grow your healthcare practice. And to grow your...
What is Medical Factoring?
Ask anyone in the healthcare industry what the most challenging part of their job is and chances are they won’t say working long hours or treating patients. They’ll say “getting paid.” Whether they’re part of a physician practice, home health service, imaging center,...
The Journey
As we find ourselves welcoming in a new year, imagine the possibilities and opportunities. A new year is like a second chance, giving permission to move forward with the knowledge of the mistakes from the year prior. I am not sure if we should call them failed...
A Year in Review
The reflective nature of the holiday season and symbolism of the New Year provide the opportunity to highlight achievement and focus attention on the priorities ahead. Taking full advantage of looking back at the previous months as a time of review can give a new...
I’ll Call You Back
What are the most valued attributes that a financial consultant can offer to his/her prospective client? This goes hand-in-glove with the success of the consultant and more importantly with the reputation that one wants to have. First, in general, honesty. When...
Texas Medical Factoring
Some medical providers in Texas may qualify for medical accounts receivable factoring even though the profile of the carriers paying the claims do not fit the typical factoring formula. Providers in Texas, have the rare advantage of being able to factor its workers...
What Makes a Client Stay?
In many cases one factor will price a transaction very similarly than another would. They both should see the same risks, strong points and general attributes of the transaction. So one can make the argument that if pricing is almost identical, and your client can get...
ICD – 10 Better Than Expected
Lenders and Factors have been gearing up for many applicants to be generated by the new coding structure called ICD-10. These are the internationally accepted diagnosis codes used by all providers. The new codes have increased in number and provide more specificity in...