Company profile
PRN Funding
Public disclosure profile. This page does not rate, rank, endorse, or collect applications for PRN Funding.
Limited public disclosure found. PRN Funding focuses on healthcare receivables. Public pages describe the service but disclose limited specific terms. Healthcare receivables have additional considerations including payer assignment rules, HIPAA compliance, denial and recoupment reserves, and patient balance exclusions.
Public data fields
Headquarters
Beachwood, Ohio
Industries served
Publicly described as healthcare-focused. Sectors listed include healthcare staffing, home healthcare, medical billing, medical coding, medical transcription, nurse staffing, medical supplies, and private duty care.
Recourse availability
Not publicly disclosed.
Non-recourse availability
Not publicly disclosed.
Fuel advance availability
Not applicable based on publicly described healthcare focus.
Same-day funding claims
24-hour funding is publicly described; same-day is not specifically claimed.
Advance rate
Not publicly disclosed.
Fees
Not publicly disclosed.
Contract length
Not publicly disclosed.
Publicly disclosed information
- Headquarters at 25101 Chagrin Blvd, Suite 250, Beachwood, OH 44122, per official website.
- Public focus is on healthcare receivables including healthcare staffing, home healthcare, medical billing, nurse staffing, medical supplies, and private duty care.
- 24-hour funding advance is publicly described on the official website.
Not publicly disclosed
- Specific advance rate, reserve percentage, and fee structure.
- Recourse or non-recourse structure and chargeback trigger conditions.
- Contract length, minimum volume requirements, and early termination fee.
- How payer denials, recoupments, and patient balance exclusions are handled in the agreement.
Contract terms to verify
- Payer eligibility rules, including which government and commercial payers are accepted.
- How denials, recoupments, and payer adjustments are handled against funded invoices.
- Whether the program is recourse, non-recourse, or payer-specific.
- Advance rate, reserve percentage, fee structure, and all additional charges.
- Minimum monthly volume, term length, renewal process, and notice deadline.
- HIPAA compliance obligations and collection procedure limitations.
Questions to ask before signing
- What payers and receivable types are eligible for funding under the program?
- How are Medicare or Medicaid assignment requirements handled under the agreement?
- What happens to reserve if a payer denies or recoups a claim after funding?
- Is the program recourse, non-recourse, or a combination?
- What advance rate and fee apply to my payer mix and receivable volume?
- What contract length, minimum volume, and termination notice are required?
Source notes
- Profile uses the official PRN Funding homepage and CMS billing reference for healthcare receivables context.
- Healthcare receivables have unique eligibility, assignment, and compliance requirements not fully described on public pages.
- Specific factoring terms including rates, advance percentages, and recourse structure require direct verification.
- No rating, ranking, approval claim, or provider endorsement is inferred from these sources.
Related reading
Sources
- PRN Funding - PRN Funding. Accessed 2026-05-19.
- CMS Billing and Coding Resources - Centers for Medicare & Medicaid Services. Accessed 2026-05-19.
Financial disclaimer. This page is educational only and is not financial, legal, tax, accounting, or credit advice. Factoring terms vary by provider and contract. Read the full disclaimer.