
The healthcare industry is one of those sectors where there is a long wait between the time patients receive medical treatments or services and the when the medical facilities get paid. In most cases, it takes up to 120 days for insurance to pay medical claims. Eventually, slow payments take a toll on the cash flows of hospital and medical facilities, specifically new and startup businesses. When lulls become too much, many healthcare providers and medical professionals turn to medical factoring. Medical factoring is a type of financing that provide you with quick payments for your medical claims. Medical Factoring […]
Read More