A patient requiring post- surgical care such as change of dressing, wound care, I.V. care or other home medical treatment will contact (or the attending physician will call) a home healthcare company. The high demand in this sector and the cash flow issue with this type of provider is slow reimbursements from insurance carriers.
Doctor’s offices including specialties such as cardiology, orthopedics and others are in need of cash flow to maintain their costly overhead and malpractice insurance. Many of them run their practices with their credit cards financing supplies, utility bills and other expenses.
Another expanding sector of healthcare in great demand. Can include treatment for various mental conditions such as PTSD, depression and anxiety, substance abuse, autism, and other developmental issues.
This is the branch of medicine that deals with the diagnosis, prevention, and treatment of diseases of the teeth, gums, and mouth. These healthcare providers usually have expansion needs that make them a good candidate for
This business can provide any type of healthcare personnel to hospitals, nursing homes, agencies, clinics, private homes, or any business that can benefit from a licensed medical professional. With an aging society, the demand has grown. Clients take terms to pay them creating a need for cash flow.
Adults and/or children in distress require a safe healthy environment to get back on their feet. Group homes are quite often the answer. State and Federal reimbursements are usually made monthly for these providers and ABL is probably the best (and maybe the only) answer.l.
Pharmacy sells or produces specific medications in a controlled environment and depending on type may include a laboratory. Many of these supplies and medications are very costly. At times pharmacies have to pay suppliers COD which can be difficult as reimbursements can take several weeks.
These therapists treat patients who have suffered a stroke or have spinal cord injuries or other disabling physical disease. Sometimes these patients need extensive therapy several times per week. The billing will group visits together generally weekly and then wait to be reimbursed. Sometimes that process is slowed because the insurance companies often demand additional documentation from the provider thus holding up the payment process.
These easily accessible clinics have become very popular in recent years and are growing to meet the patient count.
They definitely are in need of working capital for expansion.
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