Medical Financing

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HRH Funding Solutions mission is to provide capital to a nationwide network of healthcare providers through invoice factoring including, but not limited to Group practice physicians, nursing homes, hospitals, home healthcare companies, mental healthcare providers, rehabilitation / physical therapy companies, dme providers, MRI and radiology centers, laboratories and others.

HRH Funding Solutions accomplish this mission by providing accounts receivable financing, purchase funding's and/or flexible, asset-based loans at highly competitive rates with our working capital, acquisition, and accounts receivable financing programs.

Today, HRH Funding Solutions and it's funding associates is considered one of the premier funding companies that offers accounts receivable financing for healthcare clients whose funding needs range from $50,000 to $100 Million, with its specialty being funding's ranging from $50,000 to $10 Million.

Our clients tend to have four common threads:

1. Too new to obtain bank financing (under 3 years old)

2. Needs accounts receivable financing for payroll

3. Needs expansion and/or working capital

4. Needs acquisition financing

As experts in the healthcare industry, we can effectively evaluate the worth of a healthcare claim with a knowledge that is unmatched by commercial banks or other finance or factoring companies. Our professional staff is thoroughly familiar with the laws and limits of Medicare, Medicaid, insurance companies, and other third party payers. We know how to leverage healthcare accounts receivable in order to provide a reliable, consistent cash flow for our clients.

Finally, We are valued for our straightforward approach, integrity, and quality of service. We pride ourselves on becoming familiar with each client’s unique circumstances, being able to give prudent and effective advice, and helping each client meet its particular goals.

Medical Accounts Receivable Financing

All of the accounts receivable that we fund represent accounts receivable which are generated by healthcare service companies also known as "healthcare providers" which would include the following types of prospective healthcare clients: Group practice physicians, nursing homes, hospitals, home healthcare companies, mental healthcare providers, rehabilitation/physical therapy companies, dme providers, MRI and radiology centers, laboratories and others. We presently do not offer funding to dentists, veterinarians or chiropractors.

Mainstream Accounts Receivable

The "mainstream" types of accounts receivable that we will consider for funding are accounts receivable which are generated by a healthcare service company and are due from third party payers which include the following payer categories: Medicare, Medicaid, Commercial Insurance, Private Insurance, HMO/PPO, and Managed Care. The average time to collections for most of the Accounts Receivable that we fund range from 90 - 180 days (we will also consider receivables which collect in longer time periods).

Accounts Receivable Which Are Non-Mainstream, But Are Acceptable

We will also consider funding accounts receivable whereby the payers are actually healthcare facilities themselves, such as a nursing home or a hospital, whereby the healthcare provider client is contracting to provide its services to the healthcare facility. Other types of accounts receivable that we will consider funding but are not our "bread and butter" type of receivables include the following: personal injury, no-fault, and worker's compensation.

Accounts Receivable Which Are Not Acceptable

We presently do not fund accounts receivable that are owed by patients directly (also known as self-pay). In addition, we do not fund certain types of longer turning worker's compensation, personal injury, or no-fault accounts receivable

Medical Financing

"Invoice Factoring"

Medicare.....Medicaid.....Insurers

Factoring 101