Healthcare News

Recently we came across a staffing company providing skilled nurses to take care of patients in skilled nursing facilities (nursing homes), assisted living facilities, hospices and hospitals. Although this initially appeared to be a healthcare factoring transaction...

An applicant recently sent in a request for factoring who was in the home-based hospice industry. Until now he was perfectly comfortable with his cash flow and was in a good cycle being able to pay expenses and withstand the typical payment profile for that industry....

As specialists in Healthcare, Xynergy is presented with many factoring opportunities both in traditional medical factoring and healthcare “related” transactions. Once such related transaction involved and staffing company that provides nurses to medical facilities. In...

There are generally three stages to underwriting and ultimately funding a factoring transaction; a) the application process in which basic information is provided by the borrower/applicant which, if all looks good on that front leads to b) the proposal which itemizes...

In November of 2013 an applicant was presented to Xynergy Healthcare Capital (XYN) for factoring. The applicant provided home health services and billed about 23K per month. Home health care providers unfortunately have difficulties growing since the new services...

In a recent turnaround transaction XYN was retained to value the receivables of a small hospital in the northeast. The facility was entering Chapter 11 and as part of the process the receivables had to be valued. The finance company that ultimately provided the post...

  In an environment of reduced reimbursements, increased monitoring and regulatory mandates, home health providers have to ask if their business model should include Medicare patients. Unfortunately if a provider decides to go the route of just commercial-insurance...

  The owner of multiple group homes was purchasing other existing facilities and was looking for a way to finance, or partially finance these acquisitions. His business model was to purchase, update and run group homes throughout his state. As he grew his own cash was...

  If a facility that providers group homes for the developmentally challenged, factors its receivables is that a solution for the reduced reimbursements coming from Medicare and Medicaid? Factoring adds no new money to the business using that form of finance. So,...

An orthopedist in the North East was presented to Xynergy Healthcare Capital as a potential client. The difficulties being experienced was that the typical time it took for him to be paid was a little less than nine months (260 days). The obvious question is how one...