Medical Funding Marketplace
Medical Funding Marketplace (MFM) is a health care funding marketplace for investors and medical providers. We provide the most flexible funding solutions to medical providers nationwide. We carry over $2 billion in ready capital to invest in health care funding. Recently, we have invested more than $250 million in asset portfolios across a variety of asset classes mainly in health care. We have been investing in the health care market for over 15 years. We are unrivaled and truly unique in terms of the amount of funding we provide and the level of service and assistance we provide to the medical provider. Our funding partners, and our own funding division, invests in health care claims that have an extended payment cycle due to complex adjudication processes or litigation. We have experience valuing and servicing health care claims that might not settle for five or six years. In addition we invest in diagnostic and non-diagnostic claims, including MRI Imaging, MRI Reading, Language Interpretation, Extracorporeal Shockwave Therapy, Durable Medical Equipment and Transportation Services.
Medical Providers
Get the Fastest Funding with the Highest Returns for your Accounts Receivable, including Workers Compensation and Personal Injury!
Investors
Double Your Money in Less than 24 Months! Guaranteed! Why Choose MFM for an individual or an accredited investor?
Get the Fastest Funding with the Highest Returns for your Accounts Receivable, including Workers Compensation and Personal Injury!
- Access to an extensive MFM for A/R, including a Workers Compensation and Personal Injury investment pool;
- Full confidentiality and fully secure online marketplace;
- Independent rating of your A/R and popular funding ready options for your lien filing (CA, NY) needs, A/R financing and straight A/R purchase. Highly-competitive bidding on a secure online platform with hundreds of investors/companies bidding on your A/R;
- Full transaction and online document processing;
- Get ongoing medical funding or an A/R purchase offer in no time at all!
Investors
Double Your Money in Less than 24 Months! Guaranteed! Why Choose MFM for an individual or an accredited investor?
- Minimal investment amount from $1,000 to $50 million;
- Virtually no investment qualifications;
- Full protection of your investment/guaranteed returns;
- Full online tracking and scheduled payment returns;
- Full independent rating of any medical A/R;
- Optional top tier billing and collection to protect your investment!
Health Care Vendor Factoring
The health care vendor sends invoices to a medical provider (i.e., physicians’ office, medical clinic, hospital, nursing home, etc.) for services rendered or goods provided. The health care vendor then submits a copy of those invoices in addition to any supporting documentation (i.e., signed time sheets) to MFM, their invoice funding company. MFM then purchases the invoices and advances 80% of their face value. (Funds are generally direct-deposited within 1-2 days). MFM holds the remaining 20% (called a reserve) in case some of the vendor's bills are not paid or in case of billing errors. This process is tremendously beneficial for vendors, as often their customers (medical providers) can take weeks or months to pay for services or goods. This process is tremendously beneficial for vendors, as often their customers (medical providers) can take weeks or months to pay for services or goods.
Medical Receivables Factoring
A medical provider submits bills to the third-party payor (i.e., Medicaid/Medicare, HMOs, private insurances, personal injury lien settlements, workers compensation insurance, etc.) for the medical services performed. The medical provider sends a copy of the invoices to MFM. MFM buys the invoices, then advances up to 80% of the expected net-collectible value. (Funds are generally direct-deposited within 1-3 days). MFM holds the remaining 20% (reserve) in case some of the provider's bills aren’t paid or were billed incorrectly. Once payments are received the reserve, minus the factoring fee, is released to the medical provider. Medical receivables factoring is an excellent tool for medical providers to maintain steady revenue when faced with slow payments from insurance carriers and other third-party payers. MFM works with a leading factoring broker that pairs health care companies with factors that specialize in funding medical deals.
Accounts Receivable Factoring Requirements
Businesses require monthly billings of third-party receivables ranging from $35,000 to $500,000. Medical providers that exceed $500,000 per month in billings of net realized value and maintain $600,000 of total accounts receivable may qualify for MFM's premier health care asset based financing program.
Medical accounts receivable factoring is MFM's niche market. This service provides funds to the health care provider within days by bypassing bureaucratic billing structures. MFM's service covers the following types of individuals or organizations:
> Physicians (solo & group practices) > Nursing Homes
> Hospitals > Home Health Care Companies
> Rehabilitation/Physical Therapy Companies > Durable Medical Equipment Providers
> MRI Clinics > Radiology Centers
> Ambulance Service Providers > Laboratories
> Medical Staffing Companies
Medical Accounts Receivable Factoring Services is best suited for these kinds of clients:
The health care vendor sends invoices to a medical provider (i.e., physicians’ office, medical clinic, hospital, nursing home, etc.) for services rendered or goods provided. The health care vendor then submits a copy of those invoices in addition to any supporting documentation (i.e., signed time sheets) to MFM, their invoice funding company. MFM then purchases the invoices and advances 80% of their face value. (Funds are generally direct-deposited within 1-2 days). MFM holds the remaining 20% (called a reserve) in case some of the vendor's bills are not paid or in case of billing errors. This process is tremendously beneficial for vendors, as often their customers (medical providers) can take weeks or months to pay for services or goods. This process is tremendously beneficial for vendors, as often their customers (medical providers) can take weeks or months to pay for services or goods.
Medical Receivables Factoring
A medical provider submits bills to the third-party payor (i.e., Medicaid/Medicare, HMOs, private insurances, personal injury lien settlements, workers compensation insurance, etc.) for the medical services performed. The medical provider sends a copy of the invoices to MFM. MFM buys the invoices, then advances up to 80% of the expected net-collectible value. (Funds are generally direct-deposited within 1-3 days). MFM holds the remaining 20% (reserve) in case some of the provider's bills aren’t paid or were billed incorrectly. Once payments are received the reserve, minus the factoring fee, is released to the medical provider. Medical receivables factoring is an excellent tool for medical providers to maintain steady revenue when faced with slow payments from insurance carriers and other third-party payers. MFM works with a leading factoring broker that pairs health care companies with factors that specialize in funding medical deals.
Accounts Receivable Factoring Requirements
Businesses require monthly billings of third-party receivables ranging from $35,000 to $500,000. Medical providers that exceed $500,000 per month in billings of net realized value and maintain $600,000 of total accounts receivable may qualify for MFM's premier health care asset based financing program.
Medical accounts receivable factoring is MFM's niche market. This service provides funds to the health care provider within days by bypassing bureaucratic billing structures. MFM's service covers the following types of individuals or organizations:
> Physicians (solo & group practices) > Nursing Homes
> Hospitals > Home Health Care Companies
> Rehabilitation/Physical Therapy Companies > Durable Medical Equipment Providers
> MRI Clinics > Radiology Centers
> Ambulance Service Providers > Laboratories
> Medical Staffing Companies
Medical Accounts Receivable Factoring Services is best suited for these kinds of clients:
- Those requiring working capital to make payroll
- Those planning new facilities or other strategies for expansion
- Those having to restructure or resume operation after bankruptcy
- Those who may benefit from expansion acquisition financing