Receivables in Healthcare

Extending Credit To Small Hospitals Since 2002 - A Business Model

FastHealth Corporation's Business Model has been based on extending credit to small rural hospitals and medium sized hospitals in the U.S. Because of our willingness to extend credit and liberal terms to small critical access hospitals we have been able to build a solid business model. We have been able to reward shareholders based on this model and have a successful record of generating cash which has been returned to shareholders. Our extension of credit to small hospitals has encouraged hospitals to contract for our advanced technology.

*This model has allowed us to generate $4,228,000 in retained earnings with
our $850,000 in investment capital.

Small Hospitals - Paying For Year after Year of Service

FastHealth Corporation has a god track record of collecting receivables from those that are estimated to get behind (even up to 1 and 1.5 yearr of debt). The loyalty to FastHealth is increased and relationships are built through this credit extended. Some customers pay many months of previous debt and continue receiving new credit for the next year.

Small Hospitals Is A Challenging Environment

In previous years since company inception many hospitals that get in larger debt to the company have still been able to pay sizable portions of debt owed years or months later.

Three sizable debt customers Have Not Payed

Szable debt estimated owed. $160,000

Large Oranization Debt

District 3
University of Nebraska
Sloan Kettering

Small Hospital Debt Beyond Traditional Expectations

Campelton Gracevlile

Chilton County


Hilll Hospital

Jackson Med Center

Knox County

Overton Pickett

Patients Choice

Porter Health


Southern Inyo

Hospitals Have Been Slower to Pay Their Debt Since About 2010 and have taken longer periods to pay their debt which has led to FastHealth writing off debt in 2013, 2012, and 2011.

FastHealth Has About $108,000 Bad Debt Allowance