Senex Services Corp., a large buyer of healthcare receivables, announced today that it purchased charged-off receivables during the last three months in excess of $200 million from seven hospitals. The deals include a long term “forward flow” provision with five of the seven providers.
Indianapolis-based Senex also reported it added two new states to its service area, stretching its client footprint to 17 states from Texas to Florida and into the Northeast, John A. Torr, vice president of business development, tells insideARM.com. Torr declined to list the states that Senex covers.
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