Medical Billing Companies Increase Cash Flow Through Factoring
March 1, 2011 by Philip Cohen · 2 Comments
While the public’s confidence on the economy continues to spiral downward, the demand for health care in this country continues to grow.
According to the National Coalition on Health Care, the U.S. spent approximately 17% of its GDP in 2008 on health care costs. That percentage is expected to jump to 20% by 2017. Read more
Busting Healthcare Factoring Myths
February 1, 2011 by Philip Cohen · 2 Comments
There are a lot of rumors that factoring is not an ideal payroll funding solution for healthcare staffing business owners and entrepreneurs.
However, many of those rumors are a result of misinformation and poor staffing factoring research methods.
This article will help debunk some of the more common factoring myths Read more
Five Potential Barriers to Successful Accounts Receivable Factoring
January 12, 2011 by Philip Cohen · Leave a Comment
Accounts receivable factoring is a simple and quick method for temp nurse staffing agencies, medical transcription services and medical coding companies to access working capital. However, certain requirements must be satisfied to take full advantage of Read more
Accounts Receivable Factoring – An Alternative Funding Option For Small Businesses
June 1, 2010 by Philip Cohen · 1 Comment
Because of their lack of financial sophistication and size, today’s small businesses continue to face the hardships brought on by current economic challenges.
Many firms struggle to maintain their bank credit facilities, and securing a new line of credit or increasing a company’s current limit is nearly impossible.
So if the lending wells have dried up, what’s a small business owner to do?
Capitalize on the benefits of accounts receivables factoring. Read more
Freedom From Factoring Fees
February 12, 2010 by Philip Cohen · 3 Comments
In an effort to combat the affects of the crumbling economy, service-oriented businesses have been getting creative with new ways to generate money.
Unfortunately for consumers, that creativity often translates into price hikes, additional fees, reduced services or cut backs on productivity. But does it have to be that way? Read more
Investor Spotlight: Healthcare Factoring with PRN Funding!
August 1, 2009 by Factoring Investor · 1 Comment
Factoring account receivables is helping health care companies through these tough economic conditions opening the door to earning opportunities for cash flow consultants.
FactoringInvestor (FI) caught up with Phil Cohen, Founder and President of PRN Funding, LLC, to fill us in on the specialized niche of healthcare funding.
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