Denver, CO, January 04, 2013 --(PR.com
)-- 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: PHFunding.com
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