Purchasing Medical Liens (LOPs)

Related to Personal Injury Lawsuits

We purchase entire portfolios or individual personal injury (PI) accounts receivable generated with Lien/Letters of Protection (LOP’s).

MQ Funding specializes in the purchase of current and historical individual or portfolio of medical liens, primarily personal injury, worker’s compensation and Mass Tort claims from physicians, facilities and hospitals nationwide. Many providers don’t accept medical lien patients because they lack the expertise to evaluate the patients’ underlying case or are unfamiliar with the process. After a careful case evaluation, we can purchase the lien at a pre-negotiated contacted rate and manage the entire process including all the paperwork.

Medical liens allow health care providers to treat the uninsured with the expectation of getting paid from the proceeds of a case upon settlement or judgment. Providers may have to wait years for payment, or refer the lien to a collection agency, eventually obtaining only a portion of the lien’s face value. Selling LOPs ensures timely and guaranteed payment and reduces collection costs and office overhead. Case Funding’s trouble-free LOP purchase program provides liquidity to providers that they can use however they choose.

Benefits of Selling Letters of Protection

  • Guaranteed, timely payment
  • Eliminate RISK of non-collection (write-offs) and collection costs
  • Large and small deals
  • Immediate cash flow when selling an existing LOP portfolio
  • Predictable cash flow when assigning new A/R’s
  • EXPAND patient base and revenue by seeing a new class of patients formerly not considered for treatment.
  • A debt-free alternative to bank financing.
  • Rapid one week underwriting process as we’re providing the capital

Procedures purchased include

  • Arthroscopy
  • Imaging Studies (MRI/CT)
  • Laminectomy /Laminotomy
  • Medical Implant Devices
  • Orthopedic, Neurological & Spine Surgery
  • Outpatient and Inpatient Surgery Procedures
  • Radiology
  • Rehabilitation
  • Spinal Fusion
  • Spinal Injections/ Pain Management
  • Medical Implant Devices

Eliminate risk of non-collection
(write-offs) for

  • Imaging centers
  • Hospitals
  • Surgery centers (ASC)
  • Physicians Practices
  • Home Health Care
  • Long Term Care Facilities / Rehab Facilities