In the past, health care providers performed services such as: acute/post acute rehabilitation, diagnostic imaging, and surgeries to accident victims on a Letter of Protection (LOP) or lien.  In this scenario, the health care providers assume full risk in providing care to the patient in hopes that their patients' legal claim would resolve at some point in the future and their services, in turn, be paid.

As of late, many physicians have ceased to accept LOP/lien type agreements for such reasons as, but not limited to the following: Cash-flow. Since there is no set time table regarding when the patient's claim will resolve, many physicians were forced to hold the accounts receivables for years, creating and unfavorable financial situation for them.  Another reason is the unpredictability of the legal system. Having a potential legal claim, does not mean that the claim is going to result in a financial recovery; which means that if the claim is unsuccessful in a financial recovery, the health care provider would have very little chance in recovering their fees for the services provided. Since many health care providers no longer accept these types of cases around the country, many injured victims are being denied the much needed medical care.

However, there is help! Medical Funding Consultants, LLC was formed in order to bridge the gap between the patient, health care provider, attorney, and funding company. Because of the financial uncertainties health care providers face with LOP/lien cases, we established a financial network with some of the largest and financially stable, private and publicly traded, funding companies across the United States. Our network of funding companies specialize in providing funding to accident victims in need of medical care related to a legal claim.  Each claim goes through an underwriting process to determine risk factors including liability, available coverage and whether the medical service needed to treat the injury is medically necessary and related to the accident.