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Alleon Provides Medical Receivables Facility to Pediatric Home Health Company

September 26, 2016, 07:04 AM
Filed Under: Healthcare

Alleon Healthcare Finance announced its recent $500,000 funding to a company that offers skilled private duty nursing, speech therapy, occupational therapy and physical therapy to children from birth to twenty years old. The financing facility will be used to help the company grow.

"With the financing that Alleon Capital has provided, our company's rapid growth can continue without cash flow strain.  This will also give us the ability to expand into other markets organically and possibly by acquisitions.  Without Alleon Capital, our growth would be handcuffed and we would not be able to execute the business plan and vision originally intended," the owner of the company said.

Alleon Healthcare Capital, a division of Alleon Capital Partners LLC, is a specialty finance company focused on providing cash flow solutions for healthcare providers in the U.S. that are unable to secure financing through conventional sources.  Alleon works with providers nationwide, as long as they receive payments from Medicare, Medicaid, Commercial Insurances, Private Insurances, HMO/PPOs, Managed Care, No-Fault/PIP carriers, Worker's Compensation carriers, and Letter of Protection (Personal Injury) cases.

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