Medical providers treating personal injury patients often wait months or even years to collect their receivables as they wait for their patient’s legal claims to resolve. Not only is this hard on a medical practice’s cash flow, but there is also the risk of loss of the entire receivable if the patient’s case is lost or there is a less than expected recovery.
Additionally, the inefficient use of practice resources to attempt to collect the receivable is yet another consideration that each provider must consider when analyzing their business portfolio.
Bayshore Funding Solutions offers various funding concepts that will help medical providers improve their cash flow and grow their business while both eliminating risk and greatly reducing the loss of resources dedicated to practice collections.
We service a wide range of providers including but not limited to: Surgery Centers, Physician Groups, Imaging Centers, Chiropractors and Rehabilitation Facilities and are intimately familiar with both the economics and associated elements of providing medical care for personal injury patients.