Fast funding while insurance claims catch up

The reimbursement lag

You did the work. The payer has the claim. The money shows up in six weeks, or after a denial and resubmission. Staff, rent and supplies do not wait. Banks often want years of tax returns and a spotless personal score from the physician-owner. A revenue-based review looks at what actually hits the practice account.

The same-day question

Searching for same-day medical practice funding makes sense when payroll is Friday. Our honest line: decisions are fast, and qualified files can be funded in as little as 24 hours. Faster than that depends on your file and your bank, and we will not promise it.

Practices that apply

• Primary care and specialty clinics
• Dental and orthodontic offices
• Physical, occupational and speech therapy
• Chiropractic and med spa practices
• Veterinary hospitals
• Home health and behavioral health groups

How owners use it

Working capital covers payroll during a claims backlog or after a payer system outage. Equipment financing spreads out the cost of imaging, chairs, lasers or lab gear. A business line of credit gives you a standing reserve for the next slow reimbursement cycle. Payroll the immediate worry? See payroll funding.

Example: a physical therapy group

For illustration: a three-clinic PT group deposits about $160K a month. A major payer switches processing vendors and claims stall for five weeks. The owner applies with three months of statements, gets a quick answer, and keeps all therapists on schedule until payments resume.

Three questions to answer first

1. How long is the gap? Estimate how many weeks until the stalled claims or slow payers catch up.
2. What does that gap cost? Add up payroll, rent and supplies for that stretch.
3. One-time or recurring? A one-time hit fits a lump sum. A gap that comes back every quarter may fit a line of credit better.

Answer those and your request will be sized right the first time.

What we need

A 5-minute application and about three months of business bank statements. No tax returns. A soft credit pull starts it. FICO 500 and up is considered. Sole proprietor practitioners can apply. Funding from $25,000 to $5,000,000 is provided through our partner Merchant Fund Express. Credit repair is a separate Lucky Credit Pros service and is not required. Apply now.