The Challenges
Whether in expansion mode or fiscal stress, healthcare organizations are faced with a growing number of challenges including:
- Solving daily working capital needs
- Lagging reimbursements
- Reduced payments
- Spiraling costs
- Denials from payors
- Changing technology
- Increasing patient demands
- Reduced access to capital
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- Restrictive banking policies
- New HIPAA mandates
- Stringent regulatory policies
- Electronic medical record requirements
- Increased demands on cash flow
- Modernizing facilities
- Protecting market share
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Success in meeting these challenges depends upon maintaining a consistent cash flow and having access to sufficient working capital to support fluctuating revenue cycles. A healthy solution to the fiscal demands created by these challenges should include a well-balanced portfolio of funding tools that support short-term and long-term financial objectives.
Sun Capital HealthCare's MAR [medical accounts receivable] funding program is a strategic and debt-free funding resourceĀ for healthcare organizations. If you receive reimbursement from third party payors such as insurance companies and government agencies, you are eligible for a SCH MAR funding program.
- Hospitals & Hospital Networks - including acute care, long-term care, rehab, specialty, rural, for-profit and non-profit
- Specialty Centers - including outpatient clinics, surgery centers, imaging centers, dialysis centers, rehab centers, urgent care centers, medical labs and other facilities
- Specialty Services - including senior care providers, nursing homes, skilled nursing facilities, home health care providers, medical and emergency transportation providers and other services
- Healthcare Distributors - including pharmacies, home medical equipment [HME] suppliers, durable medical equipment [DME] suppliers and other medical supply and equipment distributors
- Workers Comp. Healthcare Providers