Transform Your Business Finances with Factor-Health
A financial strategy aimed at supporting healthcare professionals and medical service companies in overcoming cash flow obstacles.
Factor-health
We are here to help you succeed
Factor-Health allows you to eliminate the delays caused by slow-paying clients, providing you with immediate cash through a streamlined approval process, adaptable terms, and same-day payment upon verification of your documents, all aimed at fostering your business’s success.
What is Medical Factoring?
The benefits of factoring
How factoring works
Begin factoring today
Behind the scenes
What is Medical Factoring?
Medical factoring is a financial solution that helps healthcare providers and medical services companies, including hospitals, physicians, clinics, medical transportation, transcription services, medical supplies, and staffing agencies, manage cash flow challenges caused by delayed payments from private insurance, Medicare, or Medicaid. By converting outstanding invoices into immediate working capital, medical factoring ensures that healthcare professionals — across all specialties — can continue to provide quality care, while medical service companies can maintain smooth operations, cover expenses, and focus on their core business without the strain of waiting on slow payments.
How we help
What Problem Does Medical Factoring Solve?
One of the biggest challenges in the healthcare industry is the slow pace of insurance claim payments. Most medical claims—whether from private insurance, Medicare, or Medicaid—take anywhere from 30 to 120 days to process. This delay can lead to significant cash flow issues for healthcare providers and medical service companies, as very few can afford to wait that long for payment.
This issue impacts healthcare businesses of all sizes, but it’s especially challenging for newer companies or those experiencing rapid growth. Whether you’re a small medical practice, a clinic, or a service provider like medical transportation or staffing agencies, the strain of delayed payments can hinder your ability to operate smoothly and meet ongoing financial obligations. Medical factoring provides a timely solution to bridge that gap.
Designed for you to succeed
Medical Factoring Benefits
Stop waiting for slow-paying customers and get paid faster. Learn how accounts receivable factoring can benefit your company.
Quick & Simple Approval
Your account with Factor-Health is completed the same day you turn in your application. We will process your request to get you going right away.
Flexible Terms
We are here to provide you with the best possible service that fit your needs first. We are here to work for you and will follow your lead. We provide flexible terms to help you succeed.
Immediate Cash
Payment will happen same day as your paperwork is sent in for factoring after the verification process has been completed. You will receive your funds on a debit card that will also be connected to your bank for easy direct deposit.
the steps
How it works
At Factor-Health, we are committed to streamlining the process and ensuring you receive immediate payment for your medical services. From start to finish, we act as your dedicated partner, providing expert support every step of the way.
Provide services to your customer
After services are completed, Submit your invoices to Factor-Health for funding
Factor-Health will verify the service was performed / delivered
Receive payment from Factor-Health minus factoring fee
Your customers will pay their invoices to Factor-Health
Getting started
How to register
Fill out our application and send the necessary documentation
Transform Your Business Finances with Factor-Health
With Factor-Health, you can stop waiting for slow-paying customers and get immediate cash through quick and simple approval, flexible terms, and same-day payment once your paperwork is verified, all designed to help your business succeed.