Velocity Medical Receivables Solutions - Similar companies

Whether you have a multi-million dollar portfolio or a small amount of personal injury medical liens, we can help solve your ... cash flow challenges. • Laser focus - we specialize in purchasing medical lien receivables on personal injury cases, this is all we do. • We have years of experience in the personal injury medical lien market - we achieve some of the highest collection rates in America. • Very well capitalized - we have the capital immediately available to pay you for your medical lien receivables. We understand the financial challenges that medical providers often face while waiting for their personal injury medical liens to pay out. With so much cash tied up in 1-3 year estimated receipts, some providers struggle with covering their routine expenses including facility maintenance, payroll and equipment leases and purchases. Our medical receivables solutions can solve your cash flow challenges. We can turn your medical lien portfolios into immediate cash – allowing you to invest in growing your healthcare organization. Eliminate Your Collection Risk • Cases take a long time to close - often years. Why wait years to receive payment, if there is payment at all? There is no need to wait for payment on your personal injury receivables when you align with Velocity. • Tracking medical liens increases overhead. As your patient mix gravitates more towards personal injury cases, your cost to collect will elevate proportionately. Radically reduce or totally eliminate this inherent collection cost by working with Velocity. • Reduction requests are common upon legal case settlement. Velocity has the finesse to increase your receivables while maintaining your close attorney relationships. • Personal injury cases are lost every day. When your patient’s underlying personal injury legal case is lost, your LOP is worthless and you will not be paid – anything! By aligning with Velocity, you will remove this inherent collection risk. read more