Statutory Liens: Our Value for Hospitals

There are many significant advantages of our Statutory Lien Purchase Program:

• Guaranteed payment within 30 days
• The purchases are non-recourse. Should the lien eventually fail, MedFinManager™ assumes the full risk of non-payment
• Totally eliminates the risk factor
• Allows for the freeing up of valuable facility resources, to potentially file more liens

MedFin's Statutory Lien Purchase Program is designed to be flexible, and provide support to fit into the facility's existing Third Party Liability (TPL) program. MedFin™ can also provide assistance in integrating a hospital's eligibility process with their TPL program.

At the initiation of MedFin's involvement in a hospital's TPL program, a sampling of existing claims, then currently secured by a perfected lien, is provided for review. MedFin will return a detailed report of the assessment of these claims and make a specific, non-obligated offer for the hospital's consideration. The hospital will be free to decide for itself what is in its best business interest. The on-going TPL program will benefit from the MedFin™ involvement, which will show up in increased cash flow.

We know from the hospitals with whom we partner that immediate cash acceleration is vital to the health of their A/R. If this is true for your facility, then you'll want to contact us immediately.

If you are a Director of Patient Financial Services, a Director of Patient Access, a Director of Managed Care, or a Chief Financial Officer with questions, or you are interested in obtaining further information about our valuable service, please do not hesitate to email hospital-inquiries@medfinmanager.com or call us toll free at (800) 238-5541.

Our staff is professional, knowledgeable, friendly, and focused on providing outstanding customer service.