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 |
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.
The medical transcription factoring specialists at PRN Funding came across a piece of research that we believe is important to share with our Medical Transcription Industry readers.
While the medical transcription invoice funding experts at PRN Funding don’t necessarily agree with all of the conclusions of the cover story, it is thought provoking and definitely an issue that all MTSOs are addressing in the present and in the near future.
Click here to read the article: An Uncertain Future.
As an aside, the results of the study referenced in the article are a “must read” for every MTSO. AHDI provided a good synopsis of Speech Recognition Errors here: Speech Recognition Error Rate 800% Greater Than Transcribed Dictation.
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!
Healthcare staffing payroll factoring is the conversion of accounts receivable into cash by selling outstanding invoices to a factor at a discount.
It’s a practical option for healthcare staffing agencies that are unable to qualify for traditional bank financing in the early stages of business development. Moreover, healthcare staffing payroll factoring is a great alternative financing option for agencies going through rapid growth. Specifically, healthcare staffing payroll factoring is a financial solution that gives agencies immediate cash to help manage operations more efficiently.
Watch the video to learn more healthcare staffing payroll factoring:
Click here to read some additional key concepts about healthcare staffing payroll factoring.
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.
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.
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.
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!
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?
Check out this video to see what PRN Funding’s private duty care invoice funding program offers:
Want to learn more? See our private duty care factoring process to learn how PRN Funding can benefit your business.
