Springfield, MO (PRWEB) October 21, 2006
Ozarks Capital Funding, LLC, (http://www.ocflink.com) a financial services firm located in Springfield, Missouri, has announced it has introduced a wide array of financing products designed to enhance the cash flow of small to medium sized healthcare providers.
Kent Harlan, CPA and President of OCF, says, "These financing options complement the existing product lines and gives providers greater flexibility for their financial future. With the specter of reduced Medicare reimbursements beginning January 1, 2007, operating margins will be impacted, thus tightening cash flow."
According to AMA President Jeremy Lazarus, these payment reductions will cut physician payments 37%, while at the same time, the cost of caring for those patients will increase 22%. "We recognize the upcoming struggles and have decided to offer programs to help offset the decrease in margins," added Harlan.
Among the new products introduced are the Medical Equipment Lease Refinancing Program, Physician Debt Consolidation Loans, Real Estate Financing, and Practice Refinancing and Acquisition Loans.
"The addition of these lending programs in combination with the existing Medical Receivables Factoring and Healthcare Equipment Leasing products gives the provider a one stop shop for all their financing needs," says Harlan. "We can provide literally all the financing they need during the entire life cycle of the practice."