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Preferred Healthcare Funding, LLC

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Preferred Healthcare Funding, LLC Announces Its Launch Today

Denver, CO, January 04, 2013 --( Preferred Healthcare Funding, LLC announces its launch today to offer healthcare providers a solution for the immediate and ongoing resolution of their current and future self-pay and self-pay after insurance patient accounts receivable.

Preferred Healthcare Funding, LLC (the “Company”) will serve healthcare providers nationwide with a full complement of self-pay revenue cycle acquisition services. The Company has solutions in place for the purchase of self-pay and self-pay after insurance accounts at any stage in the revenue cycle from early out, primary to archive. Acquisitions are tailor-made to each facilities needs either as a one-off or monthly forward-flow engagement; also, a unique “hybrid” solution for those clients who prefer not to sell their accounts outright and instead would like to receive an advance against accounts with a back-end revenue share to increase their back-end, net collections.

“We’re excited to be entering the market at such an important time. More and more healthcare providers are facing increased financial pressures at a time when operating financial margins and capital reserves are at or near an all-time low with few opportunities to increase their bottom line health without incurring debt,” explains Mikel Burroughs, chief executive officer. “We’ve assembled a highly experienced and qualified team with a proven track record of success working with medical providers across the country. Our team has experience working with stand-alone facilities, no matter the size, to large multi-state healthcare systems. We believe our collective experience will provide our clients a competitive advantage in obtaining the best value in the sale of their archive and forward-flow self-pay accounts.”

About Preferred Healthcare Funding, LLC

Preferred Healthcare Funding, LLC was created to provide hospitals, healthcare providers and facilities a solution for the immediate and ongoing resolution of their current and future self-pay and self-pay after insurance accounts receivable.

Preferred Healthcare Funding, LLC is headquartered outside Denver, Colorado with offices in San Diego, California.

To learn more:
Company Contacts:

Mikel J. Burroughs, CEO

MBurroughs (at) PHFundning (dot) com

Michael J. Bumann, COO

MBumann (at) PHFunding (dot) com

Dean Szobody, VP of Operations

DSzobody(at) PHFunding (dot) com
Contact Information
Preferred Healthcare Funding, LLC
Michael Bumann, COO

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