Explore Medical Accounts Receivable Funding
As A Strategic Funding Resource
Sun Capital HealthCare, Inc. [SCH] is a leading nationwide financial services company providing customized, innovative Medical Accounts Receivable [MAR] funding programs exclusively for the healthcare industry. With reimbursements falling, expenses rising, and payments lagging, more and more healthcare providers are adding this strategic funding resource to their financial portfolio. Whether in growth mode or fiscal stress, Sun Capital’s MAR Funding program is a proven successful tool for generating debt-free working capital.
The innovative medical accounts receivable program at Sun Capital Healthcare gave us the infusion of working capital necessary for growth and success.
- Roy Rodriguez, CEO, University Community Medical Center
Who Benefits from MAR Funding?
Today’s healthcare providers -- including hospitals and healthcare networks, skilled nursing facilities, rehab centers, imaging centers and other specialty providers, DME/HME and other suppliers, as well as physician groups looking to finance their medical practice -- are continually evaluating their current financial strategies. Hospital executives are using their hospital accounts receivables as a strategic funding resource for expanding their business and improving their profitability. Physician Groups and Practice Administrators financing a medical practice are utilizing a non-performing asset, their accounts receivable, to generate working capital. Other specialty providers, as well as healthcare suppliers and vendors, are including MAR funding as an integral funding resource in their strategic planning.
Sun Capital HealthCare was the direct reason why our medical services company went from $0 to $60 million in 18 months…
- Jeffrey Schillinger, President, ED Care
The SCH Funding Program
Simply put, Sun Capital HealthCare purchases a healthcare provider’s or supplier’s third party claims, or a hospital’s accounts receivables, and advances them cash within 24-48 hours of submission to SCH. Whether it’s meeting payroll, upgrading medical technology or adding staff, the flexibility of SCH’s program transforms a hospital’s accounts receivable into a cash flow solution for generating working capital rather than an obstacle to growth and profitability.
A medical practice can finance a new service or product line by utilizing this strategic funding resource in their business plans. A healthcare provider or supplier can expand their marketing programs to generate new business. Whatever your healthcare niche, Sun Capital HealthCare’s MAR funding program can be customized for your working capital needs.
Sun Capital has greatly eased the strain on our business that can occur with the ups and downs of cash flow cycles…
- Robert Snyder, Executive Vice President, Pain Net. Inc.
|
