According to the Bureau of Labor Statistics, there are over 830,000 physicians practicing medicine in America. While their earning potential is the highest among any profession in the US, a blizzard of government regulations and a host of economic issues, have left many community hospitals and private medical practices teetering on the edge of insolvency. Chief among the economic pressures facing the industry is a dwindling supply of traditional bank funding.
Each year, US Medical Specialties, Inc., a national medical consulting firm, recognizes excellence in service to the medical community in a number of business disciplines including real estate, insurance, accounting, banking, financial and legal services. The MD Preferred program receives support from an elite group of national companies, each considered among the best in their business category. In recognition of their work with the health care industry, Health Wise Capital, a Florida based company providing finance and cash flow solutions to health care businesses, has been recognized by MD Preferred as their official national business partner for medical practice funding solutions.
The MD Preferred program provides an online resource center where medical professionals can find national networks of “doctor friendly” professionals who are committed to providing a quality service experience. “Hospital administrators, practice managers and independent physicians are always seeking a way to leverage their time,” observed Michael O’Malley, Project Manager of MD Preferred Services. “In the complex arena of practice funding and cash flow management that exists today they need an industry leader with a broad range of services that can help them establish, grow and optimize their medical business enterprise. As their name suggests, Health Wise Capital guarantees to maximize income and minimize headaches for a nationwide client base that ranges from hospitals to medical practices as small as the solo practitioner.”
MD Preferred national business partners are selected for their commitment to serving the healthcare industry. They often work in close concert with community based MD Preferred professionals who in turn help their area hospitals and private practices build a financially sound medical infrastructure, which can attract and retain talented physicians.
“Running a healthcare business is hard work. Getting financing shouldn’t be,” observed Mark Kane, Co-founder of Health Wise Capital. “We are proud of the recognition we have received. Our performance-based funding model makes fair financing available to millions of well-run health care enterprises that just miss the cut for traditional bank loans. We analyze the volume of cash flow in a client’s business, which we believe is a better indicator of their financial health than its credit rating. This allows us to lend to businesses that would otherwise be locked out of fairly priced capital.”
ABOUT HEALTH WISE CAPITAL
Health Wise Capital looks beyond typical bank products, loans and credit lines to find the right solution for each customer’s requirement. In effect, we can become a partner that understands your business and is flexible enough to work with you to help you move forward. Our unique blend of successful small business entrepreneurship with expertise in the healthcare industry gives us deep insight into the minds of our clients. For additional information contact Mark Kane at 888.456.9223. Go to http://www.healthwisecapital.com to learn about healthcare finance.
