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“Capitalize
Your Potential”
For rapid access to cash call
Millennium Medical Funding. Our finance programs
will
quickly respond to your unique financial needs,
because we understand your business and its working capital
requirements.
“DEBT-FREE WORKING CAPITAL FOR ALL HEALTHCARE PROVIDERS”
Millennium Medical Funding
was founded with the mission of assisting health and medical
enterprises attain their growth and profitability goals.
Millennium
Medical Funding
takes pride in its team of seasoned financial and marketing and
healthcare professionals who help Millennium Medical Funding
contribute toward your continued success.
WHO WE ARE.
Millennium Medical Funding specializes in
financing successful medical and healthcare providers in a
growth mode. If you bill traditional third party payors we can
provide the capital you need to fuel your growth and increase
your bottom line. We do that by helping you finance programs
that will enhance your “top line.” A trained, experienced
healthcare executive who has a rich background managing
healthcare providers manages our medical funding company.
Our healthcare management experience allows
Millennium to respond to your unique capital requirements. We
understand the pressures that you face and strive to make your
financing transaction rapid, smooth and seamless. Our funding
will provide you the working capital you need as well as
creating predictable consistent cash flow.
WHAT WE DO.
We provide debt-free financing (off balance
sheet) to help you with your working capital and other financial
challenges. You are advanced money on your medical claims
within 48 hours of submission to the payor and to Millennium.
We do not normally fund self-pay, workers compensation or
personal injury claims. To determine the eligibility of your
claims contact us at info@millenniumfunding.com or call (888)
652-8298. Our program is called MARF (Medical Accounts
Receivable Funding).
All of our processes are electronic. Therefore,
the application process is rapid and the funding process is
completely manageable for you with little or no effort on the
part of your staff. We also provide periodic reports to you
that will make your billing process more productive.
We work with any provider that has claims paid by
a health insurance company. Typical clients include:
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All types of hospitals, general and specialty
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Nursing Homes
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Physicians
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Chiropractors
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Osteopaths
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Oral Surgeons
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Treatment centers such as
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Surgery Centers
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Dialysis Centers
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Urgent Care Centers
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Rehab Centers
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Diagnostic centers such as:
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Medical Labs
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Imaging Centers
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Ambulances
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Home Health Care
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DME/HME
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Pharmacies
WHAT IS MARF?
MARF, Medical Accounts Receivable Funding, is
non-traditional funding customized for healthcare and medical
businesses. A medical receivable is defined as a payment owed
to a patient’s provider by the patient’s health insurance
carrier. Because this funding advances money to you from your
claims you incur no debt. You have nothing to pay back. The
use of the money is unrestricted. It can be used to fund
working capital when growing or in order to acquire other
practice sites, to purchase equipment, and to refinance debt.
WHEN TO USE MARF.
Use it WHENEVER
YOU NEED CASH! Because
MARF is a rapid, simple and easy working capital
strategy it is available to you whenever you need
it. Once your account is open with Millennium Medical Funding
needed cash is available to you as long as you have outstanding
third party claims.
BENEFITS OF MARF.
Is fast and easy.
MARF is a financing facility that provides
immediate consistent and dependable
access to the working capital you need.
Is debt-free.
MARF is not only
debt-free, but
it has no artificial debt limits and grows as your patient
volume grows.
Positive impact on you balance sheet.
Accounts
receivable funding is not a loan and therefore your current debt
capacity remains untouched. In addition you are converting a
non-liquid asset, accounts receivable, into a liquid asset,
cash, and therefore boosting your liquidity.
Increased purchasing capability.
You will have the cash to take discounts for
rapid payment, the working capital to attract
new staff providers and have cash to promote your services and
stimulate growth.
HOW IT WORKS.
The process is simple and fast. Claims are
generally funded within 24-48 hours of receipt. Once your
account is established everything is electronic. One of our
capable professionals will be delighted to provide a more
detailed explanation at your request.
WHY USE US?
Simple, we are managed by a healthcare executive
who has been where you are now. Not only does that make us
sensitive to your needs, it allows us to empathize with your
situation. There is no other funder that will treat you with
more compassion and consideration than
Millennium Medical Funding.
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