Medical Factoring in Philadelphia, PA

Philadelphia is one of America's great medical cities — anchored by its academic health systems and med schools — with an independent-provider economy to match: practices, home care agencies, behavioral health clinics, and therapy groups across the city and the Delaware Valley, billing commercial insurers, Medicare, and Pennsylvania Medicaid managed care on 30 to 120 day cycles. Payroll, meanwhile, runs weekly. Medical factoring converts those receivables to cash — advances against net collectible value, typically 70-85%. Y Millennial Funding offers medical receivables factoring for Philadelphia providers, and revenue-based funding from $50,000 in monthly revenue, approved on deposits rather than credit. Factoring and revenue-based advances are purchases of receivables, not loans. Not all applicants qualify.