Medical Lien Management
A medical lien is a document that secures payment for healthcare services. It is used in personal injury cases, when the medical bills are expected to be paid by third party insurance (i.e. the insurance policy carried by the person or organization that is responsible for the injury). A medical lien is paid for by money that is recovered when the patient’s legal case is settled, which can take anywhere from several months to several years.
Whether you’re a doctor, a chiropractor, a dentist or a specialist, Medcare Solutions has a well established track record for providing a variety of financial solutions that meet your business needs. These include working capital loans, lines of credit, bridge loans and more. With our special expertise in the medical industry, Medcare Solutions is able to analyze your specific business challenges and opportunities, maximizing the potential for the financing you need to grow. We have the ability to take your aging medical account receivables and turn them into a positive cash flow to assist you in paying off debt, purchasing new equipment, or expanding your operation.
Perhaps the opportunity on the table is to open another location. It may be adding more chairs or special equipment to attract more business. It could be increasing the range of services and hiring more staff. Expanding the facility or implementing renovations could be a possibility. No matter what the future holds, Medcare Solutions is your best choice for capitalizing on new potential. By turning old medical account receivable accounts into positive cash all of these are possible.