Though mobile radiology entails another large capital investment, revenue from mobile imaging can make a lucrative supplement to your existing revenue streams. Instead of relying solely on MD referrals, you can considerably expand your patient base by providing services to long-term care facilities, correctional institutions, homes, and primary care facilities.
Work with a medical lien finance company
By aligning your interests with a medical lien finance company, you can begin to develop a steady cash flow and reduce the risk of nonpayment from underinsured patients. Reimbursement cuts and waiting for personal injury cases to settle in court can stifle growth at your imaging center, but the revenue from selling your receivables can help you finance new equipment or mobile services.
Unfortunately, not all medical lien finance companies are the same, so you’ll want to work with a company that offers other benefits in addition to purchasing receivables, such as OMNI Healthcare. As an affiliate of Global Financial, one of the nation’s leading financiers for attorneys, OMNI Healthcare can connect you with their extensive nationwide network of healthcare providers and patients, so that you can expand your client base and increase your cash flow considerably.
Unlike many other medical lien finance companies, OMNI Healthcare is well backed and has the resources to offer you top dollar for your receivables, as well as the flexibility to wait for a claim to settle. If a case falls through in court, OMNI Healthcare will assume the loss- no strings attached. In less than a week, you can begin increasing your revenue and receive the cash you need to purchase new equipment and expand your services.