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FAQs

What does Med-Care Solutions do?

Med-Care Solutions provides financial solutions for healthcare providers. We purchase medical lien-based receivables from hospitals, surgery centers, diagnostic centers, and doctors and provide payment in 30 days. This makes it easy for healthcare providers to accept patients that they may have otherwise turned away – so that uninsured victims of personal injury cases can get the care they need.

We can purchase the hospital’s lien, the surgery center’s lien, the doctor’s lien, the diagnostic center’s lien, the implant lien – or any combination of these.

What is a Medical Lien?

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.

How does Med-Care Solutions’ medical lien purchasing program work?
Through a simple 5-step process:

  1. The facility faxes Med-Care the Patient Procedure Request form.
  2. Once approval is obtained (a process which can be completed in 2 to 24 hours) the facility schedules the patient for treatment as they would for any other patient.
  3. The procedure is completed.
  4. The medical records and other related documents are forwarded to Med-Care.
  5. Med-Care sends payment for services in just 30 days.

It’s that easy! Med-Care can also approve and purchase medical liens after the care has been provided.

Are medical appointments scheduled through Med-Care Solutions’ office?

No. All appointments are scheduled through the physician or facility; Med-Care does not schedule healthcare appointments.

What types of medical services does Med-Care Solutions fund?
Med-Care Solutions funds a full range of medical services, including:

  • Diagnostic testing (MRI, CT, X-Ray, etc.)
  • Inpatient and outpatient surgical procedures
  • Medical implant devices
  • Pain management
  • Physical therapy
  • Consultations
  • And more

CDoes Med-Care Solutions accept all medical liens?
No. Med-Care Solutions evaluates medical liens on a case-by-case basis. At a minimum, there must be:

  • Some indication that the patient is not the at-fault party
  • An attorney handling the case
  • Third party insurance available

What types of personal injury cases does this cover?
  • Motor vehicle accidents (MVAs)
  • Dog bites
  • Slip and fall
  • Premise liability cases
  • Defective/faulty product accidents
  • And more
What are the upfront costs, co-pays, and fees for the patient?

Zero. Med-Care Solutions provides its medical lien funding service at absolutely no cost to the patient.

Does Med-Care Solutions help patients locate medical specialists and facilities for consultations and treatment?

Yes, Med-Care Solutions can help uninsured victims of personal injury cases obtain the medical care they need.

Does Med-Care Solutions require an exclusivity agreement from healthcare providers?

No. Healthcare providers can send as few or as many cases as they wish, and may work with any medical lien funding company that they wish for future cases. Of course, we’re confident that once you experience the Med-Care Solutions difference you’ll only want to work with us!

How does working with Med-Care Solutions help healthcare providers expand their market share?

Med-Care Solutions risk-free medical lien funding enables healthcare providers to expand into the growing market of uninsured patients who have PI liens. By working with Med-Care Solutions, physicians and healthcare facilities can accept – or even seek out – patients that they may have otherwise denied or avoided, knowing they will receive a guaranteed non-recourse payment in just 30 days.

By accepting these personal injury patients healthcare facilities may also attract physicians that may not have worked with the facility before. In addition to bringing their PI cases, these physicians may then choose to bring other patients as well.

How do medical liens affect healthcare providers’ balance sheet?

These accounts receivables can take years to settle and collect. During that time they stay on your balance sheet at full charges – even though they often settle for only pennies on the dollar. Cash flow, of course, is also negatively impacted.

What happens if the medical lien is ultimately uncollectible?

Med-Care Solutions purchases lien-based receivables without recourse. If the lien is ultimately uncollectible, we assume the entire loss. Med-Care Solutions only seeks payment from the adverse party’s insurance carrier; we will never attempt to collect payment from the healthcare provider or the patient.

Why do healthcare providers participate in Med-Care Solutions’ medical lien purchasing program?
This program offers many benefits to healthcare providers, including:

  • Quick approvals
  • Minimal paperwork
  • Competitive reimbursement rates
  • Non-recourse payment
  • No risk
  • Increased cash flow
  • Reduced costs
  • Eliminate charge-offs, collection costs, and bad debt expenses
  • Ability to expand services
  • No cost to patient

Is Med-Care Solutions affiliated with any doctors, medical facilities or personal injury attorneys?

No. Med-Care Solutions is completely independent. All medical care decisions are made by the patient and physician.