Alleon Healthcare Provides a $1,000,000 Medical Receivables Factoring Facility to a Behavioral Healthcare Company

We are happy to announce the closing of a $1,000,000 medical receivables factoring facility with a school-based Behavior Healthcare company located in Florida (“Company”). The Company has over two decades of experience and its program is designed to help at-risk kids overcome behavioral issues such as academic underachievement, violent behavior, anger management, bullying, chemical dependence, oppositional defiance,…

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Alleon Healthcare Provides a $5,000,000 Medical Receivables Financing Facility to a Skilled Home Health Care Agency

We are happy to announce the closing of a $5,000,000 medical receivables financing facility with a Medicare certified home health agency in Louisiana (“Company”). The Company is based in northeast Louisiana and has been serving its community for over 20 years. It provides skilled nurses, occupational therapists, home health aides, physical therapists, speech therapists, and medical social workers…

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Alleon Healthcare Provides a $2,000,000 Medical Receivables Financing Facility to a Substance Abuse Clinic in California

We are happy to announce the closing of a medical receivables financing facility with a substance abuse clinic in California (“Company”). The Company operates two treatment centers and offers services such as detox, residential treatment, partial hospitalization, intensive outpatient treatment, individualized therapy and group therapy.  Its goal is to provide compassionate care from highly trained therapists,…

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Alleon Healthcare Capital Provides $500,000 Medical Receivables Financing Facility to a Pediatric Home Health Company in Texas

We are happy to announce the closing of a medical receivables financing facility with a Pediatric Home Healthcare company in Texas. The company offers skilled private duty nursing, speech therapy, occupational therapy and physical therapy to children from birth to twenty years old and works closely with the child’s physician, and/or specialist to implement a specific…

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Case Study: Government Unexpectedly Withholds Payments to Medical Provider

In October 2014, Pennsylvania’s medical providers that receive payments from Medicaid woke up to an email from the Department of Public Welfare (“DPW”), the administration that provides care and support to Pennsylvania’s most vulnerable citizens. The email expressed that DPW, in preparation for the new fiscal year, is withholding payments on all submitted claims and is adjusting the time it typically pays from two to four weeks. To a provider, this email was horrifying as medical practices rely on government and commercial insurance payments to cover their accounts payable, payroll and operating costs.

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