How can Medical Accounts Receivable (MAR) funding enhance my healthcare companys finances?
Utilizing Medical Accounts Receivable (MAR) funding allows you to meet current expenses, reduce debt, strengthen your ability to be bankable with a bigger line of credit, protect your current credit rating, reduce operational costs or generate new revenue streams from an accelerated cash flow, and realize greater ROI’s from capital programs by financing otherwise deferred projects at today’s costs. 2. How does a healthcare provider/supplier get qualified for MAR funding? After the application is completed and approved by SCH, a letter of intent is given to the healthcare provider/supplier. If the initial terms are acceptable to the provider/supplier, a due diligence audit is conducted to determine the net collectible value of the account receivables and the systems and controls used by your organization. Upon the completion of the audit, a formal contract is drawn and funding procedures are established. At this point, funding can begin. 3. Is there a complicated application to fill out
