“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:

  • All types of hospitals, general and specialty
  • Nursing Homes
  • Physicians
  • Chiropractors
  • Osteopaths
  • Oral Surgeons
  • Treatment centers such as
    • Surgery Centers
    • Dialysis Centers
    • Urgent Care Centers
    • Rehab Centers
  • Diagnostic centers such as:
    • Medical Labs
    • Imaging Centers
  • Ambulances
  • Home Health Care
  • DME/HME
  • 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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Millennium Funding

New York, New Jersey, Buffalo, Toronto, San Francisco, Utah, Boston
Toll Free: (888) 652-8298 – Fax (888) 652-2246

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