Alleon Healthcare Capital, LLC (“Alleon”), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $3,000,000 medical accounts receivable financing facility with a post-acute care medical staffing company based in Georgia. (“Company”).
The Company was founded in 2020 and has since become a multi-state medical services group with operations in 14 states. Founded to meet the growing demands in the post-acute care segment of the healthcare market, the Company provides access to an innovative post-acute care model targeting specialty hospitals, in-patient rehabilitation facilities, psychiatric hospitals, and transitional care centers.
Alleon was approached by the Company with a request to leverage its accounts receivable asset in order to refinance existing debt and provide working capital for future growth. Alleon was able to structure the transaction as a financing facility secured by medical accounts receivable that are billed to commercial and government insurance carriers.
“This segment of the medical industry relies heavily on high quality staffing in order to serve its patients. We are happy to provide this facility and become part of the growth story of this company.” said Ben Malyar, V.P. of Business Development at Alleon.
About Alleon: Alleon Healthcare Capital, a division of Alleon Capital Partners LLC, is a specialty finance company focused on providing cash flow solutions for healthcare providers in the U.S. that are unable to secure financing through conventional sources. Since 2009, Alleon has worked with providers nationwide, as long as they 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, please visit www.alleonhealthcare.com or contact:
Ben Malyar
Vice President, Business Development
Alleon Healthcare Capital
Email: Benm@alleoncapital.com
Phone: (201) 340-6347