Medical receivables are payments owed to health care providers and manufacturing companies by
insurance companies, Medicare, or Medicaid.  We specialize in medical receivables that deal with:

  • Medicare and Medicaid
  • Private insurance companies
  • Health management organizations (HMOs)
  • Preferred provider organizations (PPOs)

Whether you are a doctor or administrator of a hospital, small clinic, DME, or other medical-related
facility, we can assist you.  You're probably already aware that repayments to companies like yours
in the medical industry can often take anywhere from 30-120 days.  If you are growing rapidly or
need more working capital than your current cash flow provides, please contact us.  The benefits for
you include:

  • creating solid, dependable cash flow
  • getting assistance with collections
  • maintaining your credit rating by paying bills promptly
  • improving your balance sheet (no increased debt)
  • the option of offering your customers better credit terms

How Much Does It Cost
The fees charged for providing you with advance funding of your receivables vary based on such
items as:

  • number of days from purchase until payment received
  • monthly volume (dollars)
  • total number of billings per month
  • average size of each claim

The Process
While the process will vary based on individual circumstances, a "typical" process after our initial
discussion entails:

  1. You submit an application, and we then teleconference with you to review your situation,
    answer questions, etc.
  2. We conduct our due diligence, which includes a review of your documentation and sometimes a
    visit to your site.  This is the most time consuming part of the process and generally takes 3-4
    weeks.
  3. You receive an advance of 80-90% of the net value of your accounts receivable.
  4. Your payers send their bill payments to a lockbox established just for this account.  As
    payments are received, you are reimbursed the remaining amount less the agreed upon fees.  
    You continue to receive advance cash on your receivables on a weekly or monthly basis.
Medical Receivables
             Call 1-800-634-4697   or

E-mail us at seascapecapital@san.rr.com
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Seascape Capital