A|RxMed Funding is a program that enables banks to work more effectively and profitably with medical facilities in the marketplace. Offering enhanced monitoring and reporting features ArxMed allows banks to purchase health care receivables while - PowerPoint PPT Presentation

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A|RxMed Funding is a program that enables banks to work more effectively and profitably with medical facilities in the marketplace. Offering enhanced monitoring and reporting features ArxMed allows banks to purchase health care receivables while

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... facility's accounts receivable at a discount, giving the facility immediate ... The bank receives payments through a lockbox as it's method of controlling ... – PowerPoint PPT presentation

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Title: A|RxMed Funding is a program that enables banks to work more effectively and profitably with medical facilities in the marketplace. Offering enhanced monitoring and reporting features ArxMed allows banks to purchase health care receivables while


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a secure and profitable way to tap into the
medical market
ARxMed Funding is a program that enables banks
to work more effectively and profitably with
medical facilities in the marketplace. Offering
enhanced monitoring and reporting features ArxMed
allows banks to purchase health care receivables
while creating new sources of revenue.
Increase fee income Generate core
deposits Control risk Multiple cross sell
opportunities Work more effectively and
profitably with medical facilities in your
marketplace
  • how does it work?
  • Insight Healthcare Financial reviews the medical
    facilitys historical collections for the last
    twelve months and accurately values both the
    current and projected A/R by payor on a per claim
    basis.
  • The bank purchases a medical facilitys accounts
    receivable at a discount, giving the facility
    immediate cash initially on the backlog of
    receivables and as new receivables are generated
    on an ongoing basis.
  • The bank maintains a cash reserve for each
    facility and monitors the account, using ARxMed
    web based reporting tools sweeping excess
    reserves back to the facility once a month.
  • The bank receives payments through a lockbox as
    its method of controlling repayment from various
    payors.
  • ARxMed provides the facility with key management
    tools which include daily activity, long term
    collections trends and analysis reporting.

getting started For more information about
ARxMed Funding, call 615.373-3813
or mangle_at_insighthealthcare.com
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