Alleon Healthcare Capital Provides a $5,000,000 Medical Accounts Receivable Financing Facility to a CA-Based Occupational Health Organization

Alleon Healthcare Capital, LLC (“Alleon”), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $5,000,000 medical accounts receivable financing facility with an occupational health organization based in California (“Company”).

The Company was founded in 2019 and is currently the largest independent occupational healthcare provider in California. Its primary focus is to provide care to patients involved in work related injuries, as well as needed employer services. The Company’s clients include federal, state, and county agencies, as well as Fortune 500 companies. 

Alleon was approached by the Company with a request to leverage its accounts receivable asset in order to improve liquidity and assist with future growth plans. Alleon was able to structure the transaction as a financing facility made up of medical accounts receivable that are billed to commercial insurance carriers at an advance rate of 80%.

“The Company’s mission is to become the largest occupational therapy provider in California, and we are extremely excited to help with its goal,” said Ben Malyar, V.P. of Business Development at Alleon.

About Alleon: 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.