Medical lien purchasing and servicing are extremely beneficial services that can take the load off underinsured and uninsured people. If you can’t pay your hospital bills, the hospital or healthcare provider may take out a medical lien on your lawsuit to take a portion of your settlement. Read on to learn the difference between medical lien purchasing and servicing.
Purchasing
Apogee Capital Partners can purchase medical liens, which we do at the highest prices. This leads to a host of benefits.
No Non-Payment Risk
Not all lawsuits pay out, but you don’t have to worry about that with medical lien purchasing. There’s no risk of non-payments and you don’t need to stress about reductions or write-offs.
Immediate Cash Flow
Once we purchase a medical lien, you immediately have access to that cash, rather than waiting around for a settlement that may never come. You don’t need to increase your accounts receivable portfolio or hold liens.
Client Referral
On top of that, Apogee has an extensive network of attorneys who all have clients looking for healthcare providers. We can point them in your direction to step up your referrals.
Servicing
With medical lien servicing, we don’t purchase the liens ourselves. Instead, we outsource the collection of your liens, so you don’t need to think about it.
Proven Track Record
We have years of experience recovering outstanding liens, so you can trust us to get the job done. We’ll also keep you in the loop every step of the way.
More Time for Your Team
Tracking down medical liens is a time-consuming process—time your team could better spend elsewhere. Let us focus on claims so you can devote your work hours to the things that really matter.
Now that you have a better understanding of the difference between medical lien purchasing and servicing, consider Apogee Capital Partners to assist you, whether you’re a healthcare provider or a patient in need of funding.
