Why Work with Velocity?

We Understand Your Cash Flow Challenges

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 may solve your cash flow challenges. We can turn your medical receivables portfolios into cash – allowing you to invest in growing your healthcare organization.

cash flow for personal injury medical liens

We Purchase Personal Injury Medical Receivables

Personal injury medical liens in a file cabinet

Medical providers that take on a large percentage of personal injury cases will often experience inherent cash flow challenges of holding medical liens.

Those medical facilities and providers that have decided to not accept personal injury medical liens may be turning away a valuable segment of your market potential.

Velocity has solutions to help both of these groups:

For those that accept a large percentage of medical liens, we may be ale to help turn your slow-to-perform medical receivables into cash!

For those who do not presently accept personal injury liens, Velocity may become your third party payer, therefore empowering you to begin accepting personal injury patients with the confidence that you could be paid promptly for your medical receivables while eliminating the risk of non-payment!

Medical Lien Funding is Our Specialty

At Velocity, we only do one thing – we purchase medical receivables associated with personal injury cases. We have purchased medical receivables from small single-location practices to surgical facilities specializing in spine surgeries, and everything in between.

It’s all we do, and we do it very well.

Cost of waiting on personal injury medical liens

Eliminate Your Collections Risk

Medical providers and facilities that hold letters of protection (LOP) on personal injury cases take on inherent collection RISK in their patient’s underlying legal case.

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 medical 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.

Reductions are common upon legal case settlement

Stop negotiating with those personal injury attorneys who often refer patients to you. 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.

Why Wait for Payment?

Do you really want to wait 2+ years to see if you’ll be paid for your services, only to be disappointed by how much you’ll actually receive after reductions?

By aligning with Velocity, we may purchase your personal injury receivables, removing your inherent collection risk.

Contact us Now to Eliminate your Risk

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Improve Your Cash Flow With Velocity