Partnership aims to give physician practices new financing options — 3 things to know

Medical billing and practice management software provider DrChrono will offer financing options for physician practices through a new partnership.

Three things to know:

1. DrChrono will work with Kapitus' Helix Healthcare Financing Group to help practices secure funding to grow their businesses, cover reimbursement gaps, purchase equipment, make renovations and more.

2. Kapitus has experience helping small- to medium-sized physician practices become profitable through lending, according to Chief Product Officer Arun Narayan.

3. DrChrono will facilitate clients' introductions to Kapitus.

"Every physician's practice needs financing at one time or another to continue to expand their business, invest in the necessary medical equipment, hardware and software they need to stay competitive, and meet their financial obligations," said Daniel Kivatinos, DrChrono's COO and co-founder.

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