Once you read this article, you will no doubt know the result of the Nov. 4th presidential election. However, the medical business is the medical business! Under either administration, attempting to lower the budget deficit will first involve reimbursement reductions. Once again the medical provider will bear a significant portion of the expense toward a lower federal debt.
Neither candidate has discussed reducing the size of governmental healthcare so healthcare will still be cumbersome at best...and....if government decides to "mess with" the existing system, one can be confident to anticipate more delays, and overall less efficiency. Is this year's election unique when considering healthcare? Not really!
We have now seen the credit market virtually disappear as shown in The Wall Street Journal article dated November 4th, 2008. Medical Accounts Receivable (MAR) Funding is truly the answer for increased cash flow and funding growth/expansion to your medical practice or business. Increasing your services or products, funded by your existing and future medical claims (A/R), can mitigate decreased reimbursements by eliminating the waiting time to receive payment, without the "help" of financial institutions currently in gridlock. It also allows the provider to build a new line of services or products previously unaffordable if not for MAR Funding. A medical provider of any kind, with a continual flow of Medical Accounts Receivable as well as an existing bucket of receivables awaiting payment, can literally use the payments due tomorrow, to fund new business opportunities today. This is a real, and highly effective solution. Think about it!
No comments:
Post a Comment