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Healthcare is a fast paced, complicated environment. Not only must you be concerned about Federal legislation, regulatory issues
and ever-changing care trends, today providers face a tremendous financial strain as well…delayed payments from third party payers.
While you are looking after your patients...Who is looking after your bottom line?
Direct Funding Source specializes in providing capital to healthcare providers nationwide including doctors, medical practices,
nursing homes, hospitals, home healthcare companies, rehab clinics and others with our Working Capital, Acquisition and Accounts
Receivable Financing Programs. Currently, we finance healthcare clients whose funding needs range from $50,000 to $100 million.
Our standard of service and knowledge of the healthcare industry is unmatched by commercial banks or other finance or factoring
companies.
Direct Funding Source provides flexible, asset-based loans and/or accounts receivable purchase fundings at highly
competitive rates, with no hidden fees. Call us today and within 30 days Direct Funding Source's funding programs could be working
for you.
Among those enjoying our benefits are:
- Physicians, including: General Practitioners,
Specialists, Chiropractors, Surgeons,
Anesthesiologists, Optometrists, Podietrists,
and many more
- Associated Physician Groups
- Acute Care Hospitals
- Out-patient Facilities & Clinics
- Rehab Centers
- Medical Labs
- Medical Staffing Services
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- Skilled Nursing Facilities
- Home Health Care Providers
- Physical Therapy Groups
- Physical Therapy Clinics
- Dialysis Facilities
- Specialty Hospitals
- MRI Centers
- Pharmaceudical MFRs
- Pharmacies
- DME Companies
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The 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 payors which include the following payor 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 - 120 days (we will also consider receivables which collect in longer time periods).
We will also consider funding accounts receivable whereby the payors 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.
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.
Getting Started - Requirements for Funding
- Completed Application
- Aged Receivables Report
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For more information, please contact Direct Funding Source at 866-838-7084.
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