|
|
|
|
What types and sizes of healthcare providers does Insight work with?
What type of receivables can be funded?
Why does Insight Healthcare Financial work through banks?
What is the duration of the agreement?
Does Insight Healthcare Financial work with other types of business?
What are the advantages of working with Insight Healthcare Financial?
Insight Healthcare Financial typically works providers that have average billings of $40,000 to $2,000,000 per month, including:
- Assisted Living Facilities
- Medical Clinics
- Dialysis Centers
- DME and HME Companies
- Home Healthcare Companies
- Hospitals
- Medical Labs
- Medical Transport/Ambulance Services
- Nursing Homes
- Outpatient Facilities
- Physician Practices
- Physical Therapy Clinics
Individual banks can set the criteria for funding, however, most will work with Medicate, Medicaid, Third Party Insurance, Private Pay and Workers Compensation. The program does not allow for personal injury claims or capitation.
A/Rx Med was designed to work in conjunction with community and regional banks and is currently available through a network of more than 100 institutions nationwide. Working with a bank in your community allows you to:
- Capitalize on a lower cost of funds, which means lower fees to you
- Build strong relationships for future financing
- Work with people you know and trust
- Have multiple options for financing
Insight’s funding partners generally offer a one year renewable agreement. The agreement includes an option that allows the provider to terminate the program within 60 days.
We are dedicated to working with financial institutions and healthcare providers. Healthcare is our only focus.
- By working through your financial institution in your community, Insight provides a quick response to your request, a lower cost of operations which translates to lower fees to you as well as no hidden fees and a program that improves your ability to receive other types of financing.
- Through the A/Rx Med Funding Program, you maintain control of your billing and collections.
- A/Rx Med integrates seamlessly with your current operations. It is easy to use, does not require extensive programming or complex training.
|
|
|
|
|
