HFMC Corporation provides capital and management solutions and a full range of consulting and financial advisory services to the healthcare industry.

INSURED CASH FLOW:

Included in HFMC’s array of products and services is a unique and proprietary insured cash flow stabilization product. The product is derived from an earlier insurance product, developed by HFMC and CIGNA and successfully underwritten and marketed in the late 90’s, primarily to healthcare providers such as hospitals.

HFMC’s proprietary cash flow stabilization program guarantees its customer’s a pre-determined minimum cash balance in their operating accounts each week, regardless of actual collections. The “guaranty” is funded via an insurance policy that brings insurance, banking and structured finance together as the means for financing this unique product.

At present, HFMC’s program is the only insurance-based product that provides an affordable off-balance sheet solution to the problem of the significant cash flow fluctuations and the resulting financial instability suffered by large cash flow dependent enterprises. Competitive products currently available are limited to line-of-credit debt financing from banks and other non-bank lenders and/or factors, each of which negatively impacts the customer’s balance sheet, requires upfront fees, reserves, collateral pledges and most often, some form of corporate guarantee to cover the credit risk.

HFMC is unaware of any other insurance-based financial guaranty product available. The pricing and structure of available financing alternatives are mostly cost prohibitive or unavailable. Some competitive solutions require lenders to become intimately involved in the management of the underlying receivables. HFMC is unaware of any other product or service that can deliver the quality or cost effectiveness of its product without the need for collateral pledges and guarantees, and the complexities of individual account receivable management.

CONSULTING, BUSINESS ADVISORY & PROFESSIONAL SERVICES:

HFMC provides a full range of management consulting, business advisory and other professional services to healthcare providers and the companies that serve them. Through HFMC’s sister company, Management Resources Group, a full range of professional services are available to HFMC’s clients.

HFMC has provided a broad range of professional services to the healthcare industry. Engagements run the gamut from assisting start-up companies to develop products, marketing plans, and capitalization, to major healthcare providers requiring advisory assistance in specific aspects of their enterprise, to M & A advisory in multi-billion dollar transactions.

Please click on MRG button for further information.

INSTITUTIONAL LINEN SERVICE:

HFMC acquired Linen Service, Inc, d.b.a. Broadway Linen Service (BLS) of Greenville, Mississippi. BLS has served the medical industry for over 30 years, providing high quality linen and uniform services, primarily to hospitals in a three-state area. BLS's financial performance has been excellent due to its commitment to high quality services and extraordinary customer satisfaction, coupled with manageable and financially sound growth.

Broadway Linen Service (BLS) has served clients continuously in Mississippi, Arkansas and Louisiana for over three decades. BLS currently serves many clients, mostly hospitals and nursing homes. BLS distinguishes itself from other linen suppliers, including the major national firm, by focusing on high quality service and customer satisfaction.

BLS prides itself on its close relationships with its clients and attention to detail and superior customer satisfaction. BLS recently researched the major competitor in its service area and found that while the competitor received an average of 30 customer complaint calls daily, BLS receives virtually none. BLS prides itself on the fact that in its 30-year history, it has never missed a linen delivery. Its long-term customer relationships are a source of pride among its dedicated workforce. BLS products exceed industry standards and are superior to those provided by its competitor.

BLS markets its services and conducts its customer relationships exclusively through its management team, while the major competitor pays route delivery personnel a commission to secure new business.

HFMC plans to significantly expand BLS into several regions in the US and Canada.

For further information, contact us at (805) 682-9650 or email us at david@dshor.com