ACCOUNTS RECEIVABLE FINANCING FOR HEALTHCARE PROFESSIONALS
CENTURY CENTRE II
1400 Fashion Island Blvd., Suite 601
San Mateo, CA 94404
415/571-7470 FAX 415/571-7618
e-mail us!
Learn How To Get Paid For Your Services Today
Carlmont Capital Special Purposes Corporation understands that today's health care providers are facing reductions in both market share and cash reserves. The average collection time for healthcare receivables is 60-90 days. These conditions have led providers to spend more time and other resources on financial issues than on providing their services. Although the largest asset most providers have is their accounts receivable, banks are not typically in a position to lend on these assets.
The Carlmont Capital Solution
Carlmont Capital Special Purposes Corporation will provide immediate payment for rendered services to the healthcare provider. We purchase from a wide variety of specialties, including office-based practitioners, home healthcare agencies, durable medical equipment distributors, managed care groups, physical therapists, and most other types of practices.
How It Works
Regardless of how efficient a provider's receivables management department is, there is often a need to improve cash flow, or to capitalize new business opportunities. Through a series of receivables purchases, Carlmont Capital will provide this needed funding.
First we estimate the net receivables value (ENR) by completing an on-site due diligence process. The ENR is arrived at by looking at the provider's past billing and collection history. Carlmont Capital will then fund up to 80% of the ENR.
Qualified Receivables And Other Program Features
An A-rated, or better, commercial insurance carrier (excluding co-pay portion)
Guaranteed by an approved HMO
Guaranteed by an approved patient care facility
Guaranteed by a Fortune 500 Company
Guaranteed by the Government (Medicare/caid, VA, etc.)
Guaranteed by the State (large company with PSI policy)
No personal injury claims
No chiropractic claims
Ongoing purchases can be made weekly, biweekly, or monthly, in accordance with the provider's requirements. We periodically interface with the provider's data system to gather billing information. All remittance reports are subsequently tranferred to the provider's data system. Other than funding activities and download functions, our presence is almost invisible to the provider.
Funding can take place in less than a week from completed application date.
No minimum or maximum purchase size. No upfront fees. No unpaid balance fees.
Call today to learn more!
Or
Print out, fill out, and mail or fax our simple application!
Page 1
Page 2
Page 3
Page 4
