Posts Tagged ‘ Financing ’

Unlimited Sales Potential. Learn How Purchase Order Financing Can Finance Your Sales

October 29, 2010
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Do you distribute, re-sell or sell wholesale products? If you do, you will soon encounter what may be your biggest opportunity for success… or failure. A large order from your best customer. A large order that exceeds your current financing capabilities. If you deliver it successfully, you can count on taking your company to the next level. If you don’t, your competitors will be the ones that eat your lunch and take their business to the next level

So, how do you handle an order that is too large for your business? You finance it. How? Using purchase order financing.

Let’s look at how things work in your business right now. Every time you get a purchase order from a client you go ahead and order the product from your suppliers. You either pay your supplier upfront or using bank financing. The supplier delivers the product and then your client pays you 30 or 60 days later.

However if you don’t have enough money to pay your supplier, the whole transaction falls through. Purchase order financing can provide you with up to 100% of the funds needed to pay your suppliers and make the sale.

There are only three major requirements to qualify for purchase order financing:

1. You must have a purchase order from a large credit worthy commercial customer
2. Your supplier must drop ship items directly to your customer
3. Your sales must be final (e.g. no guaranteed sales or consignment)

If you meet these three criteria, you have a very good chance of qualifying for purchase order financing. Purchase order financing works as follows:

1. You get a large purchase order from a client
2. The purchase order financing company issues a payment guarantee to your suppliers (usually through a letter of credit)
3. Your supplier drop ships the order and you issue an invoice
4. Once your client pays the invoice, the transaction is settled

With purchase order financing, your sales capabilities will no longer be limited by your financial strength. You can sell as much as you can finance. And – if your clients are credit worthy and good payers –you can finance as much as you want, the sky will be the limit.

About Commercial Capital LLC. We can help you get a purchase order financing, factoring or invoice factoring quote. Please call Marco Terry at (866) 730 1922 for more information. Need more information? Go to http://www.ccapital.net/html/purchase_order_financing.html , http://www.ccapital.net/html/purchase_order_funding_resourc.html or http://www.ccapital.net/html/letter_of_credit_resources.html

Cost Of Lap Band Surgery – Is Financing Available?

August 20, 2010
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With the increasing rates of obesity across the country, using surgical methods to achieve significant weight loss has become a popular choice for people suffering from obesity, especially those who are obese and are at risk of serious health conditions. Weight loss surgery is now viewed by the medical industry as an acceptable option for people who have been unsuccessful at losing weight using traditional weight loss methods. One method of achieving weight loss that has had proven results is Lap Band Surgery. Not only has lap band surgery been shown to be a proven method of losing weight and maintaining the weight loss, it has also helped patients improve or resolve such health conditions as diabetes, obstructive sleep apnea, heart disease, stroke, asthma, cancer, gastric reflux, hypertension, and many other serious health conditions. If you are concerned with your weight and the potential health implications, losing weight through lap band surgery can significantly improve your health and quality of life.

What Is Lap Band Surgery?

Lap Band Surgery is a minimally invasive and safe surgical procedure performed as a treatment for obesity. It is designed to stimulate weight loss by limiting the patient’s food intake. This surgical method provides sustainable results by decreasing the amount of food the patient’s stomach can hold. The procedure is performed placing a gastric band around the upper part of the stomach in the area that lies just below the esophagus. Individual patient care is custom-designed and there is the ability to make adjustments based on the patient’s specific requirements. During weight loss period after surgery the patient will consume a diet where they will become full with much less food intake resulting in the consumption of less calories. Lap band surgery is unique to any other weight loss surgery as it is adjustable and reversible.

Financing Lap Band Surgery

In recent years, financing lap band surgery has become much more affordable allowing more people to be able to have the procedure. For instance, there are now many weight loss surgery clinics that offer in-house financing plans where the patient can make a down payment and then make monthly payments until the balance is paid off. You can often find payment plans for as low as about $300.00 per month. In most cases, the patient will be required to undergo a credit check to make sure they are eligible for acceptance to the financing program. As well, a weight loss clinic will often help the patient take advantage of all possible cost recovery options such as: application for coverage with their insurance provider, health spending account reimbursement, medical tax credits on your annual income tax return, and health costs savings plans with a third party insurance provider.

Lap Band Surgery is one of the most popular surgical methods to achieving weight loss. Fortunately, it has become much easier to finance the surgery, which is allowing more people to lose weight and start living healthier and happier lives.

Financing to Support Coordination of Behavioral Health and Primary Care Services

May 14, 2010
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In October 2003, the Health Resources and Services Administration issued Program Information Notice (PIN) 2004-05 regarding Medicaid Reimbursement for Behavioral Health Services. The PIN requires Medicaid agencies to reimburse Federally Qualified Health Centers and Regional Health Centers for behavioral health services provided by a physician, physician assistant, nurse practitioner, clinical psychologist, or clinical social worker, whether or not those services are included in the state Medicaid plan. The PIN clarifies that “FQHC/RHC providers must be practicing within the scope of their practice under the state law.”

What might PIN 2004-05 mean for the Medicaid population? Categorically eligible Medicaid beneficiaries (e.g., TANF, aged/ blind/disabled) may or may not be able to easily gain access to public mental health services, depending on definitions of target populations and medical necessity, which vary from state to state.

In states with public mental health systems that focus on populations with serious mental illness and serious emotional disturbance, PIN 2004-05 creates an opportunity for other Medicaid populations, with higher physical health and lower behavioral health risks, to obtain behavioral health services through a CHC. This is consistent with the HRSA initiative to reduce health disparities and create behavioral health capacity in CHCs. PIN 2004-05 helps to assure that safety net populations are served.

But what does PIN 2004-05 mean in terms of financing and the behavioral health services now provided to populations with serious mental illness? The answer varies from state to state because of differing Medicaid models. This variability requires every community partnership between a CHC and a CMHC to assess their specific financing and policy environment in order to identify a business model that will support integration activities. Such partnerships must develop policy direction that addresses the need for greater access to behavioral health services for the Medicaid population, without disadvantaging any populations now served by the public mental health system.

Learning from Pilot Sites:

“Depression in Primary Care: Linking Clinical and System Strategies” is a Robert Wood Johnson Foundation national program to increase the effectiveness of depression treatment in primary care settings. The program charged its eight demonstration sites with addressing financial and structural issues as well as implementing clinical models. A special issue of Administration and Policy in Mental Health and Mental Health Services Research contains a series of resulting papers, some of which speak directly to the financial and policy barriers in the system.

The pilots reveal the commitment of sites around the country that continue to patch together funding because they believe in the integration approach. For example, in Washington State there is a partnership between the CMHC and the Federally Qualified Health Center, where the CMHC’s clinicians in the FQHC sites are financed by an annual golf tournament – hardly a sustainable model. The IMPACT trials, Depression in Primary Care project, state Medicaid pilot sites, and an Aetna project all identify similar components for financing:
• Screening
• Care management
• Psychiatric consultation

These are close to the components identified in the report of the President’s New Freedom Commission on Mental Health, which emphasized that there must be a relationship between mental health and general health. However, these service components are currently missing from public and private sector billing codes and financing policy. The challenge – for federal, state and private payors – will be to align financial/policy incentives to support clinical integration, which research demonstrates is effective in achieving positive outcomes.

Barbara Mauer is a nationally known expert in behavioral health and primary care integration. She has more than 15 years of experience in this field and is a managing consultant for MCPP Healthcare Consulting in Seattle as well as a National Council senior consultant. She offers consulting services to public and private sector health and human service organizations on integration as well as strategic planning, quality improvement, and project management. Mauer has authored many papers and books on behavioral health and primary care integration.

References
1. Proser, M., Shin, P., Hawkins, D., “A Nation’s Health At Risk III: Growing
Uninsured, Budget Cutbacks Challenge President’s Initiative to Put a Health
Center in Every Poor County”, National Association of Community Health
Centers, www.nachc.com/research/

Linda Rosenberg leads the National Council for Community Behavioral Healthcare in treating children, adults and families with mental illnesses and addiction disorders across the country. She holds faculty appointments at several schools of social work. www.thenationalcouncil.org

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