IMM Financial is a Health Care Factoring Company with solutions to help keep your staff operational while you are waiting for collection of your Medical Invoices from Medicare, Medicaid or other types of entities who are paying Medical Invoices to your Health Care Supplier Company.
Health Care Factoring | Financing Health Care | Healthcare Funding | Health Care Funding | Health Care Receivables
It makes little difference if you are a Small Medical Procedure office, a Medical Transportation company or a Large Medical Treatment Center. If you have more money tied up in your Accounts Receivable than anything else and you are looking for relief in your Cash Flow the Financing your Health Care Receivables is a very smart option for your company. Regardless of which state you are in, we have the ability to give advances on your Health Care Receivables in all 50 states of the USA to ensure your Employment Agency Cash Flow is flowing.
Most Health Care Accounts Receivable Accounts have an average time of 60 days that their Medical Invoices are outstanding. Due to this lengthy time, it sometimes becomes difficult to cover payroll, employer remittances as well as other day to day expenses that must be covered. This is where IMM Medical Factoring can help your office. We can help you bridge this gap between when your invoices are issued and when you need to cover your Cash Flow requirements with Healthcare Factoring Advances.
IMM Financial has a very strong history with Health Care Accounts Receivable Financing and we are fully aware how to handle Health Care Receivables on a daily basis. We have teams dedicated to your Healthcare Accounts which can relieve your back office needs so you can focus on your patients. When we work with you as you Health Care Funding partner will deposit funds into your account within 2 days of the verification of your Health Care Invoices be accepted. Whether you invoice manually or on line, we know how to handle your account.
Normally you will receive advances for your Medical Invoices over 2 installments. The first remittance will be about 85% to 90% of the invoice face value and this will be sent to your bank account in 1 to 2 days. Once the Medical Invoice has been paid will receive the balance of your funds due to you less the Factoring Fee has been deducted.
Healthcare Factoring | Health Care Accounts | Health Care Accounts Receivable | Home Health Care Funding | Healthcare Accounts Receivable
The Factoring fee ranges around 1% and 3% of the face value of your invoice in most cases. The actual Factoring Fees will vary on things such as the time that the funds you received as an advance have been outstanding. Health Care Financing is a crucial part of most Medical Practice Offices.
The main advantage of Factoring for Health Care Invoices is that your Cash Flow will improve right away because you will be able to plan your finances more smoothly because your invoices will be covered for your Healthcare Receivables right away. The advance is available to you to cover payroll, employer remittances as well as other general office expenses you have.
Because part of our service is back office Receivables Management we now have the responsibility of collecting from your customers opposed to you chasing after customer payments you and your staff will be able to concentrate on operating your business. As you would expect you will have full access to view your Accounts Receivable ledgers on line if as well as printed statements. You will not only have a healthier Cash Flow there is a good chance your company will run smoother.
If your Health Care Office is ready to develop without having to deal with collections from your customers, take a moment to complete the form below and one of our Health Care Factoring Specialists will be contact you shortly do discuss the solutions we offer as well as the options we can offer to your Medical Office.
