Medical Factoring

Medical Factoring is produced when a health care provider renders service or a manufacturer provides equipment to a patient and is waiting for reimbursement from an insurance company, HMO, PPO, or government source (including companies like Medicare or Medicaid). This type of funding is commonly used by healthcare providers and medical professionals of all specialties.

The most important advantage of medical receivables factoring is that it can fix funding problems created by insurance companies. This common problem affects many healthcare businesses that are growing quickly. This solution can be used by any business that bills private or government insurance programs. Some examples of Advanced Funding Group’s medical factoring networks include:

These transactions are easily explained. You sell and assign your claims to a medical factoring company and the finance company advances funds for the claims. The finance company then holds the claims until it matures.

This is an example of a typical transaction:

Common questions about Advanced Funding Group programs. Call (267) 446-7902 for a personalized answer.

Home health agencies, medical staffing firms, DME suppliers, imaging centers, labs, and practices with significant payer receivables.

Some programs support government payers through specialized structures. Contact us to review your payer mix and billing workflow.

Advances typically range up to 80–90% of eligible net claims, depending on payer type, aging, and volume.