Medical-Billing.com to Offer Credit Line to Doctors on Receivables

Medical-Billing.com, a national provider of quality outsourced billing services to the medical profession, is introducing a Below-Prime line of credit to physicians based on their receivables.

Los Angeles-based Medical-Billing.com will offer this line of credit exclusively to physicians nationwide through its finance arm, Medical-Finance.com.

"Our line of credit to physicians is a logical extension of our core medical billing business," said Medical-Billing.com CEO Marc Haberman. "Doctors don’t like to wait to get paid by insurance companies, which will deny a claim containing any coding error. Our line of credit to physicians based on their receivables solves one of the biggest problems facing busy medical practices today – improving cash flow while reducing overhead costs and headaches, billing errors and payer denials. We provide excellent, accurate billing services to doctors, medical clinics, and other entities which bill insurance companies, and our line of credit goes a long way towards solving cash flow problems for our clients."

Together with expert billing services and the below-prime line of credit, the company also offers physicians an 8% debit card which the physician may use immediately to get cash for any purpose. "This is not an introductory rate," says CEO Haberman. "Our debit card rate is always 0.25% below prime rate. As experts in medical billing and payer denial management, we know exactly how to evaluate outstanding medical invoices, so we can put our money where our mouth is. The line of credit in tandem with the debit card are exactly what our physician clients need to speed up their cash flow and get their money faster. We are constantly looking for ways to meet the specific business needs of our physician clients," said Haberman.

The Below-Prime line of credit and the 8% debit card can be available to any physician immediately upon execution of an agreement. "Physicians can receive cash within 48 hours of signing the agreement," said CEO Haberman. "Once the client’s account has been activated and we begin to process their billing, additional funds can be transferred to the physician’s bank account within 24 hours.”