Hospital Pre-Funding Service
HealthFi’s innovative Hospital Pre-Funding service significantly improves hospitals’ cash flow and minimizes tedious administrative efforts. Participating hospitals receive guaranteed cash every month, and participating payors send all medical claims directly to HealthFi.
We analyze the claims history between hospitals and payors, and work with both parties to determine the pre-funded amount of money. HealthFi wire-transfers the funds directly to the hospital at the beginning of every month.
Hospital Funding Chart
Benefits include:
Improved Cash Flow
Participating hospitals receive guaranteed cash each month to improve cash flow and overall financial situations.
Wire-Transfer Capabilities
The ability to wire-transfer funds to providers puts HealthFi and participating hospitals ahead of the game from the start. Hospitals receive guaranteed cash each month to help solve and prevent cash flow problems and run a more efficient business.
Reduced Administrative Efforts & Costs
Because medical bills from payors are sent directly to HealthFi for processing, hospital personnel has less paperwork and administrative work across the board.
Avoid & Curb Bad Debt
This program significantly improves reimbursements for providers and helps hospitals avoid poor financial standing.