The timeline for filing a claim can vary by jurisdiction and the type of claim (e.g., personal injury, property damage). Typically, personal injury claims have a statute of limitations ranging from one to three years after the accident.

Accounts Receivable (AR) management in medical billing involves managing the amounts owed to a healthcare facility by patients and insurance companies, ensuring timely billing and collection of payments for services rendered.

Salaries for accounts receivable positions vary based on location, experience, and the size of the company. Typically, the range can be from $30,000 to $55,000 annually for clerical to mid-level positions.

For senior or managerial roles in accounts receivable, salaries can range from $50,000 to over $70,000 annually, depending on factors like industry, location, and company size.

Accounts receivable can be challenging due to the need for attention to detail, proficiency with numbers, and sometimes dealing with late payments or discrepancies in accounts. However, it can be a rewarding finance career with opportunities for advancement.

Accounts receivable are typically paid by customers or clients of a business who have purchased goods or services on credit.

The difficulty can depend on the specific challenges and the individual's aptitude. Accounts Payable (AP) involves paying out money and managing outgoing expenses, while Accounts Receivable (AR) involves receiving payments. Both require attention to detail and financial accuracy.

Accounts Payable (AP) refers to the money a company owes its suppliers and creditors, while Accounts Receivable (AR) refers to the money owed to the company by its customers.

Generally Accepted Accounting Principles (GAAP) for accounts receivable involve recognizing receivables on the balance sheet at net realizable value, assessing them for impairment, and accounting for them on an accrual basis.

If you are in the personal injury/MVC space, own/manage or are part of a healthcare practice, clinic, if you are a medical specialists (e.g., chiropractors, dental, neurology, surgery, DME), you can be eligible for medical lien funding!

• Direct funding (no broker required)

• No personal guarantee

• Rapid decisions and Friday payments

• You ALWAYS get paid. We assume the risk.

The company takes on all risk, doesn’t ask for recourse to providers, and operates unlike traditional banks, so you will not incur in any debt.

Turnaround times can vary depending on the amount of receivables, their viability, and completeness of documentation — Whilst other funding companies can give you a preliminary offer or approval within 1–3 business days after receiving the required documentation, Surgical Capital Solutions can give you an offer in less than 48 hours.

Once terms are agreed upon, funds are typically disbursed weekly (e.g., every Friday as per Surgical Capital).

Yes — Surgical Capital Solutions proudly funds medical receivables across the U.S., with active funding in key states including New Jersey, Tennessee, Georgia, Florida, Colorado, California, Arizona, New Mexico, Texas, Nevada, and Oklahoma.

If you're outside these states, contact us — we're always expanding our reach.

Yes — Surgical Capital Solutions does purchase AR from practices that are winding down or closing. We understand the need for a clean and efficient exit strategy, and we work with healthcare providers to purchase eligible personal injury receivables, including aged or outstanding claims.

Our process ensures you receive capital quickly while we take on the responsibility of managing and collecting the receivables.

If you're preparing to close your practice, contact our team to discuss a custom funding solution.