With more employers and insurance companies offering HMO plans to their employees and subscribers, more medical practices have turned to accepting HMOs or becoming part of HMO plans. Working in this nature can be something of a double-edged sword for you and your practice. On the positive side, you can increase the number of patients you see when you are part of a network, giving you the chance to grow your practice significantly. On the downside, you must deal with the HMO and insurance companies that can take a very long time to issue payments for services rendered. When working with an HMO puts you in a financial bind like this, it is good to know where you can turn for HMO provider funding to help see you through.
HMO Insurance Difficulties You Can Face
Dealing directly with insurance companies is never an easy thing for any medical practice today. Your practice can become so bogged down with paperwork from your patients that are part of the HMO that you may find it tough to keep up. Added to that problem is the long time it can take for you to get payments from the HMO. HMOs can take weeks or months to issue payments owed to you, and you may find yourself constantly behind. The insurance companies may owe you thousands of dollars at a time, and you struggle as you wait to get paid.
Provider Funding Can be a Solution
The HMO provider finding that we can offer you here at HealthCare Funding Source can be just the solution you need to your financial shortfall. We can provide you with the fast funding you need based on your accounts receivables so you can get the influx of cash into your practice that you need. Our process is much faster than going through financial institutions, and we can provide you with a one-time funding or help you on a regular basis, so you never have to worry about falling short of cash to do what you need for your practice.
Get a Funding Assessment from Us
HMO provider funding can be just the answer you need right now for your practice. To learn more about the possibilities available to you through our services at HealthCare Funding Source, please contact us by calling 844-423- 8637. One of our representatives can assist you and answer any questions you may have, and we can provide you with an assessment of your accounts receivables so you can see what we can do for you.