For years, medical providers who work with injured patients involved in litigation have had to settle for accepting a lien on the future settlement of the case. In the interim, doctors had to wait and wait, sometimes for years, before they saw any payment, if any. And when payment was rendered, doctors had no idea if the lien satisfaction was fair to them in light of the settlement obtained. With surgical and medical pre-settlement funding, injured victims get the care they need while the medical provider now has the opportunity to normalize cash flow and obtain payment up front. No more messy lien negotiations at the end.
Obtaining reimbursement from pre-settlement surgery and medical funding has many advantages over accepting liens and letters of protection.
Once favored by doctors and lawyers alike, letters of protection and lien charges have undergone significant scrutiny in high value personal injury cases, the most notable of which is that lien arrangements give defendants the ability to claim bias on the part of the client’s treating physician. Moreover, the reasonableness of charges underlying these liens is frequently called into question.
Our Pre-Settlement funding solutions for medical and surgical care provide the following benefits:
Our client services team will walk you through the process.