by administrator | Aug 5, 2015 | News
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,...
by administrator | Jul 31, 2015 | News
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...
by administrator | Jul 29, 2015 | News
Compounding pharmacies experience, as a natural course of events, withholds or draw-backs from their carriers when their reimbursement arrive. So the question has been asked by many applicants for factoring facilities who are compounding pharmacies, how do you deal...
by administrator | Jul 28, 2015 | News
TRICARE is leading the way for all carriers to begin to examine the reimbursement rates paid for creams and topical treatment drugs typically provided by compounding pharmacies. Starting just two months ago, TRICARE began a review and audit program focusing on creams...
by administrator | Jul 22, 2015 | News
Accountants play a vital part in the success or failure of a business. Business owners are good at what they do making and perhaps selling their product. Financial strategies are left to the advisors in the business owners’ life. To add value to the relationship...
by administrator | Jul 22, 2015 | News
An imaging center in the southeast was having difficulties paying its expenses and more importantly making payroll. The facility had experienced enormous growth and could not meet the financial pressures resulting from the increased business. With a threat of...
by administrator | Jul 22, 2015 | News
Underwriting a healthcare provider for a factoring facility is a detailed process and delves deeply into all of the policies and procedures employed by the provider. This review very often uncovers deficiencies in various aspects of the provider’s internal systems....
by administrator | Jul 22, 2015 | News
About two years ago Medicare published a news release that it was going to change the payment procedure for reimbursements to Hospice providers. At the time, these providers were paid every two weeks, so good cash management on the part of the provider would eliminate...
by administrator | Jul 22, 2015 | News
This title looks like a typo. However, if one thinks about it, this can make sense. Healthcare research and development is one of the most needed and costly activities a civilized populous must maintain. With cuts in governmental support for these programs, finance...
by administrator | Jul 16, 2015 | News
Having been turned down for a loan from a bank a Neurology center was about to abandon its growth and expansion plans. Without the capability to turn existing receivables into cash for the expansion, all hopes were lost. The CPA that worked with the healthcare...
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