Fast Financing for Healthcare

Many different types of companies with medical accounts receivable can benefit from Viva’s healthcare factoring services. A few examples include:

• Durable Medical Equipment Companies
• Surgery Centers
• Mental Health Providers
• Medical Offices
• Hospitals
• Nursing Homes
• Hospices
• Diagnostic Imaging Centers
• Surgery Facilities- Medical
• Compounding Pharmacies
• Substance Abuse Centers
• Home Healthcare Agencies/Providers
• Physicians & Physician Groups
• Medical Labs
• Physical Therapy & Rehabilitation Centers
• Outpatient Surgical Centers
• Cancer Care Centers
• Long-Term Acute Care Hospitals

Medical invoice factoring involves companies that are service-oriented businesses within the healthcare industry. These healthcare providers work directly with hospitals or other healthcare facilities and do not bill third-party payors.

There are many different healthcare businesses that can benefit from Viva Capital Funding’s medical factoring services. Below are a few examples of these businesses:

• Medical Staffing Agencies
• Temporary Nurse Registries
• Medical Supply Companies
• Medical Transcription Services
• Outsourced Medical Coding Companies
• Medical Billing Services
• Medical Labs

Healthcare receivables factoring is a financing solution that allows medical providers and vendors to turn unpaid invoices into immediate cash. Instead of waiting 30–120 days for payments from Medicare, Medicaid, or private insurers, providers can sell those receivables to a factoring company. In return, they receive a large portion of the invoice value upfront, with the balance released (minus a small fee) when the payer remits. This improves cash flow, reduces financial stress, and helps stabilize operations.

The process is simple:

1. Submit invoices and supporting documents.
2. The factoring company verifies the claim and advances 80–90% of the invoice value.
3. Once the payer sends payment, the remaining balance is released minus a small fee.

Factoring is flexible! You choose which invoices to factor and when. This means you maintain control while gaining predictable cash flow.

Healthcare factoring can support a wide variety of businesses and claims. Providers such as hospitals, clinics, diagnostic centers, and home health agencies often factor invoices billed to Medicare, Medicaid, or private insurers. Vendors like medical staffing firms, billing services, and durable medical equipment suppliers can also use factoring when serving hospitals and practices. Eligible claims typically include insurance receivables, workers’ compensation, and managed care reimbursements.

One of the biggest advantages of factoring is speed. Many providers receive approvals in less than a day and funding within 24 hours of submitting invoices. Some companies, like Viva Capital, even offer same-day funding. This is much faster than traditional financing options, which can take weeks. Rapid access to cash makes a big difference for healthcare providers who need to cover payroll, manage expenses, or keep up with patient demand.

Healthcare factoring differs significantly from loans or lines of credit. With factoring, approval is based on receivables and payors, not credit scores or collateral. Providers can receive advances of up to 90% of invoice value, often within a day. Loans and lines of credit require extensive applications, strong credit, and create liabilities that must be repaid. Factoring provides scalable funding that grows with your invoices, making it especially useful for healthcare providers waiting on reimbursements.

Yes. Factoring is not limited to large hospitals or established providers. Solo practitioners, startups, and small clinics often use it to access steady cash flow even without an extensive credit history. If you bill insurance companies or government payors, you can qualify for funding. By accelerating payments, factoring helps cover payroll, expand services, and take on more patients without waiting months for reimbursement.

Absolutely! Many providers use factoring to ensure payroll and expenses are covered on time. Payroll is often due weekly or bi-weekly, while reimbursements may take months. Factoring bridges this gap by providing immediate access to working capital. The funds can also be used for supplies, facility costs, or technology upgrades.

Key benefits include:

• No new debt or repayment obligations
• Predictable, steady cash flow
• Fast funding, often within 24 hours
• Ability to cover payroll, equipment, or expansion
• Stronger relationships with employees and vendors through timely payments

When choosing a factoring partner, look for:

• Experience in healthcare receivables
• Transparent pricing and no hidden fees
• Compliance expertise (HIPAA, CMS rules)
• Flexible funding schedules
• Reliable customer service

Viva Capital stands out with over 20 years of experience, same-day funding, and deep knowledge of Medicare, Medicaid, and commercial insurance billing.

The cost depends on invoice size, payer reliability, and claim volume. Typically, providers receive 80–90% of the invoice value upfront. When the payer reimburses, the balance is released minus a small factoring fee. Costs are generally lower than the losses associated with delayed payments. The most important factor is choosing a company that offers transparent pricing with no hidden fees.

Factoring itself is a commercial financing arrangement, but compliance is critical in healthcare. Factoring companies must handle receivables in line with HIPAA standards and Medicare/Medicaid rules, while also navigating non-assignment clauses. Choosing a factoring company experienced in healthcare ensures your process remains fully compliant and professionally managed.

No. Factoring complements billing; it doesn’t replace it. Your staff still manages claims submission, coding, and documentation. The factoring company provides upfront cash and collects payment from insurers or healthcare clients once the invoice is due. This reduces administrative burden and ensures faster, more consistent cash flow, while leaving clinical and billing responsibilities with your team.

Viva Capital combines industry expertise with speed and transparency. With more than 20 years of experience, we understand the complexity of Medicare, Medicaid, and insurance reimbursements. We offer approvals in as little as eight hours, same-day funding, and HIPAA-compliant processes. Our reverse factoring options also help providers strengthen supplier relationships. Unlike banks, we provide flexible funding without debt, so healthcare organizations can focus on patient care and growth.