The waiting period of reimbursements of bills can be painstakingly long! Liquidity is crucial for uninterrupted, unhindered business activities. If you are an independent pharmacy, waiting for the payment of your dues from insurance carriers, we can provide you funds against your bills.
We collect your claims and assess various parameters to decide whether your bills can be financed. If the assessment is favorable, we provide you with the funds upfront. This steadies your working capital cycle, provides for better cash flow management and allows business expansion.
We provide Pharmacy receivables services as a separate service or as part of our comprehensive financing package.
Account Receivable Financing Process
About 3.5% pharmacy claims are lost during payer claim handling processes, decreasing profitability. Recent legal compliance norms mandate accurate revenue reporting. What is the remedy?
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