In our experience, doctors wish to provide high quality medical care to as many patients as possible. Worrying about contracts, reimbursement rates and collections from a variety of payor sources is not the reason most doctors went to medical school,
This is part two of a two-part series on medical funding and the current state of health care. It’s not news that healthcare is becoming more and more expensive. The topic of healthcare is ruling the news headlines, coursing through
This is part one of a two-part series on medical funding and the current state of health care. The landscape of health care is already on a slippery slope. But what may be most terrifying is the fact that no
When we purchase medical receivables from healthcare providers, this is where our primary servicing process begins. A workflow – or, the set of tasks, resources, processes and systems needed to complete a service or accomplish a goal – is important
Medical Funding Explained Health insurance doesn’t always cover the full cost of your medical bills. If you’ve been injured, you might find yourself paying a considerable amount out of pocket either in the form a high deductible or to cover
Getting the medical treatment you need for injuries sustained in an accident can be expensive. According to Healthcare.gov, it costs an average of $7,500 to fix a broken leg and a 3-day hospital stay can run as high as $30,000.
As a medical provider your job is hardly done after providing treatment to someone. You then have to collect payment for your services and this can be easier said than done, especially in personal injury cases. In the ideal world,
As an industry, legal funding has a colorful reputation; a reputation we at Cherokee Funding look to recreate every day we are in business. From the comprehensive, and timely, services we provide to the client experience that accompanies every attorney,
It’s no secret that medical care is really, really expensive. Not to mention if that care is administered during an emergency after an accident. And the burden only continues to compound for those who have been injured who do not
Medical liens are a risk for healthcare providers to hold. Most doctors and hospitals avoid providing treatment on medical liens and instead opt for immediate payment by treating patients with insurance or who can pay out of pocket. The problem
