Where there's a will: how to finance Medicare receivables - legally. (Special Report) Healthcare Financial Management | October 1, 1991| | COPYRIGHT 1991 Healthcare Financial Management Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

With cash flow problems facing many hospitals, nursing homes, and clinics, several companies now offer healthcare organizations the opportunity to factor their accounts receivable.

The Health Care Financing Administration's (HCFA's) general prohibition against reassigning accounts receivable, (a) however, prohibits healthcare organizations from factoring Medicare accounts. Although Medicare regulations do not use the term "factoring," factoring actually was the impetus for HCFA's enacting the prohibition. Because most state Medicaid rules follow Medicare ...

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