Fast & Flexible Working Capital For Healthcare Providers | AdvancedMD

Features Navigation

Get Live Chat Get custom pricing Get live demo

← Back

Fast & Flexible Working Capital for Healthcare Providers

Disclaimer: This blog article was written by an AdvancedMD partner. The views and opinions expressed in this article are those of the author(s) and do not necessarily reflect the official policy or position of AdvancedMD.

As an owner of a private medical practice, you’ve invested the time and money into going to medical school. You worked for years for other healthcare providers, learning all the details and steps involved on how to start a new medical practice. You finally achieve that goal, build a patient-base, and now you’re realizing it’s more about being a business owner than a clinician. You definitely want more growth, but at what cost, and what extent is appropriate? If the above sounds like you, you are not alone! Like any business, choosing when and how to scale your practice can be a challenge, and there are no perfect answers on how to accomplish this goal.

Here are some of the various ways in which you can invest in your practice:

It’s About The People.

The clinicians and care providers you hire are the foundation of your medical practice. They are on the front lines with your patients every day, setting the tone for your culture, customer experience, and overall patient experience. While technology can help your practice run more efficiently, you still need to invest in the people. The goal is to keep your operation running smoothly by providing quality care for the patient base and support to your Nurse Practitioners and Physician Assistants.

It’s About The Technology.

Technology is providing new methods to assist your patients but it’s also creating a competitive landscape the medical field has never seen before. For this reason, it’s important for private medical practices to choose the right technology to improve efficiency, lower cost and maximize profit. Embracing this new trend early will enable you to maintain your patient base for years to come.

It’s About The Money.

Now, more than ever, it can be difficult for healthcare providers to find outside financing, especially funding that is customized to the appropriate scale for their needs.

Introducing Lines of Capital from Aquina!

We are excited to announce the release of our new product: Lines of Capital (LOC)!

LOC are great for capital projects, hiring staff, expanding real estate, and purchasing equipment.

In the last few months, we have been working tirelessly to improve our products/services and we are sure our latest and greatest LOC product can provide a customized financial solution to help you grow your business! What you need to get started:

  • 550+ FICO
  • 12+ months in business
  • $20k in monthly revenue
  • Basic info about your company
  • 3-6 months recent bank statements

Interested in finding out more about Lines of Capital can help your practice? Contact Aquina today.



Avatar photo
Dan Cardoni
Dan Cardoni is currently a Senior National Account manager at Aquina Health. He has been working at Aquina since 2017 and has over 5 years of experience in management and sales in SaaS technology. As a healthcare finance specialist, Cardoni is the primary point of contact for escalated partner issues and growth initiatives with key strategic partnerships.

Topic:


Other Resources Related to This Topic


No results found

“The money I have invested in AdvancedMD is miniscule compared to the return. I have never been more efficient – ever – in my professional life as I am now.”

Jed Shay, MD
The Pain Care Center

Read the story  ›

“[Our] patients are very well-educated and well-informed, and they want to see results quickly. The practice has to run extremely efficiently and be accessible to them. The nice thing about [AdvancedMD] is it has allowed me to be more efficient both in and out of the office. Now I don’t have to come back into the office, which is great for my family and everything else. It saves me a lot of time – probably an hour a day on the three days I work in the second office.”

Keith Berkowitz, MD
Center for Balanced Health

Read the story  ›
Estaban Lavato, MD - La Loma Medical Center

“The best thing I ever did in private practice was getting AdvancedMD—it has liberated me.”

Estaban Lavato, MD
La Loma Medical Center

“Having integrated practice management and EHR is absolutely wonderful, you don’t have to flip back and forth between systems—all of your information is at hand when needed.”

Raju Raval, MD

Read the story  ›