Finally The Perfect Funding RX For Anemic Cash Flow Blues In The Healthcare Industry
Released on = January 14, 2006, 10:13 pm
Press Release Author = O.R. Gilbert Enterprises
Industry = Small Business
Press Release Summary = Medical Receivables Funding Will Cure The Anemic Cash Flow Blues In The Healthcare Industry With Immediate Working Capital.
Press Release Body = The healthcare industry contributes approximately $1.3 trillion per year to the Gross Domestic Product according to a report by The Health Care Financing Administration, making it the largest industry in the country.
As our population continues to grow and become older, there are increased demands for services by healthcare providers. The healthcare industry is not only experiencing extensive growth, it is evolving constantly, creating a need for trained personnel, specialty supplies, expensive modern equipment, and expanding facilities. Constant changes and rapid growth have created a tremendous demand for cash flow.
Many healthcare providers struggle to set new financial goals due to rising industry costs and cutbacks causing financial stress and unpredictable cash flow. Perpetual changes in the reimbursement process for medical claims through third party payor\'s such as government and commercial insurances also contribute to the financial strain and uncertainty in the healthcare industry.
Healthcare providers can now take comfort in knowing that the remedy for anemic cash flow blues is accessible to them. The cure is medical receivables funding. While other industries have successfully used receivables funding for many years, it is a relatively new concept in the healthcare industry. Healthcare providers can benefit from operating, expansion and acquisition financing to grow the business and increase their bottom line.
Healthcare providers including Physicians and Physicians Groups, Hospitals, MRI Facilities, DME\'s, Diagnostic Labs, Nursing Homes, Staffing Agencies, Physical Therapy, Clinics, Pharmacies, Dialysis Centers, Medical Transport, Ambulance Companies, Radiology and Day Surgery Centers, just to name a few may be eligible for funding.
The largest asset of most providers is their accounts receivables, yet banks typically do not lend money on accounts receivable. Not only does receivables funding provide working capital and flexibility, it also strengthens the provider\'s financial posture. Medical receivables funding is considered as an "off balance sheet" transaction and thus will not create any additional debt. The practice of selling your receivables will create unlimited growth potential. The more you generate, the more cash can flow in your direction.
O.R. Gilbert Enterprises will help you get funding by placing your business with a nationwide funding source. O.R. Gilbert Enterprises is directly compensated by the funding source. They will help eliminate the financial stress with a capital funding solution. O.R.Gilbert Enterprises is located at 350 Fifth Ave., Suite 3304, New York, NY 10118. To learn more about cash flow solutions contact Opal R. Gilbert at (212) 685-1729 (888) 241-3267 Fax: (212) 686-1742. Email: lendingog@aol.com Website: www.cashflowsolutions.com
Web Site = http://www.cashflowsolutions.com
Contact Details = Opal Gilbert||350 Fifth Ave., Suite 3304||New York , 10118||$$country||||212-685-1729||lendingog@aol.com||http://www.cashflowsolutions.com