Archive for the ‘PRN Funding Factoring News’ Category

Thoughts on NAHC’s Leadership Summit - From Exhibitor’s POV

Wednesday, February 1st, 2012

As you know, PRN Funding was invited to be a first-time exhibitor at the Private Duty Home Care Leadership Summit & Exposition in Las Vegas last week. We were grateful to have the opportunity to speak one-on-one with private duty home care agency owners about the benefits of home healthcare factoring, however, from the exhibitor’s perspective, the show was not a good one.

To start, there were a lot of last minute changes to the schedule. Hours changed, which made it difficult for exhibitors to set up their booths on time and/or catch flights on the last day. Luckily, PRN Funding didn’t have any issues with flights, so we were unaffected by the schedule changes.

In addition to the hour changes, exhibitors noticed that it was difficult for attendees to visit the exhibit hall. The show managers arranged to have a few 15-minute breaks in-between sessions, however, it seemed that most attendees used that time to go to the bathroom, run to their rooms quickly, return phone calls and emails and/or grab a quick cup of coffee before it was time for their next session. (Rightfully so–That’s how any professional attending a conference would use a 15-minute break.)

I’m sure it was frustrating for attendees who wanted to visit specific exhibitors but didn’t have the time to do so, or they had to choose between attending an educational session or skipping it to visit the exhibit hall. Rest assured that it was equally frustrating for exhibitors who stayed in the exhibit hall for long hours without the ability to conduct business.

The last big hiccup at NAHC’s Leadership Summit was that the entrance into the exhibit hall was in a different location than what was printed in the trade show materials. In essence, the exhibit hall was flipped. For all the exhibitors who strategically placed their booths in premium locations in the front of the exhibit hall ended up  being in the back.

On the plus side, John S. of Senior Home Care won the $100 Amazon gift card giveaway! Congratulations!

PRN Funding to Give Away Amazon Gift Card at Private Duty Home Care Leadership Summit

Thursday, January 12th, 2012

Las Vegas, NV-PRN Funding, LLC is excited to speak with private duty home care agency owners about factoring at the 7th Annual Private Duty Home Care Leadership Summit & Exposition at the Bellagio in Las Vegas.

Marketing Manager, Nikki Flores will be in booth #303 January 23-25 speaking with private duty home care business owners about how they can turn their receivables into cash immediately through private duty home care invoice factoring.

In addition to learning about invoice funding options, all attendees are invited to stop by booth #303 and enter our drawing to win a $100 Amazon gift card.

Click here to read the official press release: Private Duty Home Care Association Invites Factoring Firm as a First-Time Exhibitor.

PRN Funding’s 2012 Trade Show Schedule

Thursday, January 5th, 2012

Curious about PRN Funding’s healthcare factoring services?

Check out our 2012 Trade Show schedule. We’d love to see you if you’re planning on attending any of the shows below:

Trade Show Location Dates Booth #
NAHC Leadership Summit Las Vegas, NV Jan 23-25 303
ACE12 Indianapolis, IN Aug 8-11 108
NPDA Orlando, FL Sept 12-14 TBD
Decision Health Las Vegas, NV Nov 2-4 TBD

Meet the Founder of PRN Funding

Thursday, December 29th, 2011

Philip Cohen is the founder and President of PRN Funding, LLC. PRN Funding is an extraordinarily focused niche player in healthcare funding. With years of experience in the healthcare industry, PRN Funding exclusively factors the accounts receivable of temporary nurse staffing agencies, medical transcription services, medical coding companies, medical staffing companies, private duty care agencies and any other type of business who sells goods or provides services to healthcare institutions.

Prior to founding PRN Funding, Mr. Cohen spent a decade responsible for corporate joint ventures, strategic alliances and growth initiatives in the medical transcription industry. As Vice President of Corporate Development for Medical Records Corporation, he initiated and finalized numerous acquisitions, including six medical transcription service companies.

Mr. Cohen coordinated Medical Records Corporation’s merger with Medifax/SecrePhone, which resulted in The MRC Group. Upon merger completion, he assumed the role of Senior Vice President/General Manager. In addition to his corporate development responsibilities, Mr. Cohen guided the successful launch and ongoing operation of PowerScribe, the leading product in the integration of speech recognition and medical transcription.

Click here to continue reading Philip Cohen’s Biography.

Special Holiday Offer for Factoring Brokers

Thursday, December 1st, 2011

Invoice Factoring Brokers–Did you hear about this great promotion that PRN Funding is running for the month of December? The healthcare factoring firm is giving away leads for free! Check out the details of this factoring broker promo below:

We know it’s hard to find prospective factoring leads, so in the spirit of the holidays, PRN Funding is giving away leads–Absolutely FREE!

Send Nikki Flores (nflores@prnfunding.com) an email with your city and state and she will personally send you THREE factoring leads in your area!

P.S. Don’t wait too long - This offer is only good for the month of December!

Recap of 14th Annual Private Duty Conference

Wednesday, November 9th, 2011

Last week, PRN Funding exhibited at Decision Health’s 14th Annual Private Duty Conference at Caesar’s Palace in Las Vegas, Nevada.

Conference attendees had the opportunity to speak with the company’s President, Phil Cohen, and Marketing Manager, Nikki Flores, during exhibit hours to learn how they can turn their Medicaid receivables into cash immediately through home care invoice factoring.

The Private Duty Conference attendees were also encouraged to enter PRN Funding’s drawing to win an Amazon Kindle Fire. Dee H. of Always There In-Home Care was the lucky winner.

Congrats to the Amazon Kindle Fire winner - Dee H. of Always There In-Home Care

Congrats to the Amazon Kindle Fire winner - Dee H. of Always There In-Home Care

PRN Funding to Give Away an Amazon Kindle Fire at Decision Health’s Annual Private Duty Conference

Wednesday, October 19th, 2011

Las Vegas, NV-PRN Funding, LLC has been invited to exhibit at Decision Health’s 14th Annual Private Duty National Conference & Expo at the Caesars Palace Las Vegas Hotel & Casino November 2-4.

Conference attendees will have the opportunity to speak with the company’s President, Phil Cohen, and Marketing Manager, Nikki Flores, during exhibit hours. Non-medical home care agencies are invited to stop by booth #103 to learn how they can turn their Medicaid receivables into cash immediately through home care invoice factoring.

In addition to learning about invoice funding options, all attendees are invited to stop by booth #103 and enter PRN Funding’s drawing to win an Amazon Kindle Fire. The winner will be announced at the Networking Reception on Thursday, November 3rd from 5:15 – 6:15 p.m. Winners must be present at the reception to claim their prize.

With years of experience in healthcare industry, PRN Funding has a precise understanding of the unique challenges within the private duty and home care industries. PRN Funding offers financial resources to these companies by purchasing their accounts receivable–a process known as ‘factoring’, which provides the cash needed to sustain and grow a healthcare business.

PRN Funding Entends Credit to Teleradiology Vendor

Friday, October 14th, 2011

Known throughout the factoring industry as a healthcare funder, PRN Funding recently added a brand new vertical to it’s healthcare factoring repertoire: Teleradiology.

Helping to improve access to medical services, teleradiology is the ability to send images from one location (i.e. an imaging center, clinic or physician’s office) to another location for evaluation.

Specifically, PRN Funding extended a $500,000 credit line to this growing teleradiology client based in the Greater Philadelphia area.

Looking Back on NAHC’s 2011 Conference

Wednesday, October 12th, 2011

Last week, PRN Funding had the opportunity to exhibit at the National Association for Home Care and Hospice’s 2011 Conference for the first time, and we have a lot of mixed feelings and opinions about it.

From an exhibitor’s point of view, the show was slightly disappointing because out of a projected 1500 conference attendees, we only got to meet 350 of them!

However, those who stopped by had the opportunity to learn more about PRN Funding’s home care factoring services, and they were able to enter PRN’s iPad2 giveaway.

Special congrats goes to Cheryl from Apple Home Health Care who was the lucky winner!

Cheryl

Now we’re gearing up for Decision Health’s 14th Annual Private Duty Conference at the Bellagio Casino in Las Vegas next month!

Question: What did you think about the 2011 NAHC Conference?

How Private Duty Home Care Agencies Can Benefit from Invoice Funding

Thursday, October 6th, 2011

PRN Funding’s private duty care invoice funding program offers:

    1. More Readily Available Cash: Funds are electronically deposited directly into your bank account within hours of verification that  private duty services have been performed.
    2. Flexible Private Duty Invoice Funding Choices: PRN Funding offers all of our private duty nursing clients the freedom to factor when they want, how they want, whom they want and for however long they want.
    3. Private Duty Industry Expertise: PRN Funding has spent the better part of a decade in the healthcare services industry, and we have designed our private duty account receivable funding program specifically to meet the unique challenges faced by those who provide nursing and companion services in patients’ homes and bill Medicaid or other state-funded agencies for those services.  

      Want to learn more? See our private duty care factoring process to learn how PRN Funding can benefit your business.