Alleon Healthcare Capital, a specialty finance company that provides healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the United States, has announced the closing of a $1,300,000 medical accounts receivable financing facility with a health network in Florida (Company).
The Company is a healthcare organization that aims to improve the health and well-being of communities in the southeastern United States. The Company collaborates with healthcare providers and community organizations to develop innovative strategies for delivering high-quality, cost-effective care.
The Company offers a range of services, including care coordination, population health management, and value-based payment models. Their team of healthcare professionals works closely with providers to ensure that patients receive coordinated, patient-centered care that meets their unique needs.
The Company also focuses on addressing social determinants of health, such as poverty, housing, and food insecurity, to help improve the overall health of communities. The Company is committed to working with community partners to address these challenges and promote health equity.
“We are thrilled to partner with the Company and support their efforts to provide quality care to patients in need,” said Ben Rutkevitz, Vice President of Business Development at Alleon Healthcare Capital.
The medical accounts receivable financing facility is structured as a financing facility made up of medical receivables that are billed to government and commercial insurance carriers, with an advance rate of 80% on eligible receivables.
Alleon Healthcare Capital Alleon Healthcare Capital, a division of Alleon Capital Partners LLC, is a specialized finance company focused on providing cash flow solutions for healthcare providers in the United States. Alleon works with providers nationwide that receive payments from Medicare, Medicaid, commercial insurances, private insurances, HMO/PPOs, managed care, no-fault/PIP carriers, worker’s compensation carriers, and letter of protection (personal injury) cases. For more information, visit https://alleonhealthcare.com/.