Alleon Healthcare Capital, a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring and cash flow solutions to medical providers across the United States, recently closed a $500,000 medical accounts receivable financing facility with a mental health and substance use disorder treatment provider operating in New Jersey, Massachusetts and Tennessee.
Alleon was engaged by the company to leverage its accounts receivable assets to support key operational initiatives, including the consolidation of intake operations into a centralized location and the development of an in-house marketing and call center platform to drive future growth. Alleon structured the transaction as a financing facility secured by the company’s medical accounts receivable, billed to both commercial and government insurance payors.
“Behavioral health providers continue to face growing demand for services while navigating long insurance reimbursement cycles,” Ben Malyar, vice president of business development at Alleon Capital Partners, said. “Our financing solutions are designed to help providers strengthen cash flow so they can remain focused on patient outcomes, operational growth, and expanding access to care.”
