Overview: Accepting Patients on Medical Liens
This is a contentious era for physicians. You are facing unprecedented financial challenges and the traditional solutions of yesteryear are no longer as effective. Why not look for other sources of revenue and reimbursement?
Liens are the single most overlooked area of potential. However, it is difficult to conduct a successful, efficient, cost-effective and risk-free lien process on your own. You need a partner – and MedFinManager is the national expert. Seize the opportunity to achieve significant benefits for your practice.
MedFinManager’s Consensual Lien Facilitation & Purchase Program represents a new source of revenue and reimbursement for you. The opportunity to accept patients on a consensual lien is often overlooked by physicians, when exploring avenues for additional bottom line improvement.
Consensual liens are used in situations in which a patient, who has been injured as the result of an accident or trauma caused by someone else, is requesting medical care, but does not have the health insurance or money to pay for the healthcare services, at the time that these services will be provided.
The consensual lien is a legal instrument that creates a contractual relationship enabling the healthcare provider to place a charge against the settlement funds that the patient is seeking as compensation from the 3rd party, who was liable for the patient’s injuries. The mutual consent of the involved parties [patient, healthcare provider(s), and patient’s attorney] is necessary and secured prior to the requested medical care being provided.
If you are a physician or practice manager with questions, or you are interested in obtaining further information about our valuable service, please do not hesitate to email firstname.lastname@example.org or call us toll free at (800) 238-5541.
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