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  • Title: Selling accounts receivable can improve cash flow.
    Author: Spiegel M.
    Journal: Healthc Financ Manage; 1989 Sep; 43(9):40-1, 44, 46. PubMed ID: 10294324.
    Abstract:
    New financing programs especially geared to accounts receivable allow healthcare organizations to convert these assets into cash literally overnight and at costs below the prime interest rate. Certain pooled versions of the financing strategy include non-recourse features that guard against sharing bad debts among the participants. These pooled programs generally allow hospitals to continue managing and billing their own accounts.
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