SUBSTANCE
THE CHECKUP
HOLIDAY SEASON AND SEASONAL STRESS
WELL STATES HEALTHCARE Happy early holidays from Wells States! While the Holiday season may not properly start until after Thanksgiving day in the United States, your experiences may vary. The period of time between Halloween and New Years day marks a decline in temperatures, an increase in the frequency of long distance travel, and an increase...
THE INNOVATION OF THIRD PARTY MEDICAL FINANCING
WELL STATES HEALTHCARE Financing the treatment of uninsured personal injury claimants through medical liens is actually a fairly recent development in the realm of healthcare financing. Up into the early 2000s, many states did not have legal precedence for the allowance of medical liens. The state of South Carolina, for instance, had to amend...
THE VALUE OF JOINING THE PROVIDER NETWORK
WELL STATES HEALTHCARE Treating uninsured patients is a costly risk as a healthcare provider. Particularly those patients in the midst of personal injury litigation. Whether or not the injured individual is entitled to compensation in their case, it is unwise for a healthcare provider to treat uninsured individuals in non-emergency situations....
BREAKING THE UNINSURED CYCLE
WELL STATES HEALTHCARE When you are injured without insurance, and you know someone else is at fault you might find yourself at a table with lawyers trying to prove your case and get the restitution that you need and deserve. But when you don’t have insurance, you are presented with several complications that can stop your settlement dead in its...
CONFLICTS OF INTEREST IN MEDICAL BILLING
WELL STATES HEALTHCARE We all want to trust doctors. When we are injured, we rely on medical professionals to help us recover. But it can be hard to trust the medical institution that doctors and nurses work for. Everyone has heard the myths of price gouging and needing to request itemized billing statements. Everyone knows that healthcare is...
MODERN MEDICAL LIENS AND THE RISKS THEY POSE
WELL STATES HEALTHCARE Liens are not a common method of payment for medical treatment for several reasons. They are used mostly by individuals without insurance, that have sub-par insurance, or that are otherwise low-income individuals that can’t afford to pay for their full treatment. These liens are generally risky to take on as patients under...
ELIMINATING PROVIDER STRUGGLES
WELL STATES HEALTHCARE Finding a healthcare provider for your injured claimant can be a hassle. And when your claimant doesn’t have insurance, it becomes an uphill battle to convince providers that your claimant is a human being that needs help and not a financial liability. And that’s not all you have to worry about either. You have to find a...
DEALING WITH WORST CASE SCENARIOS
WELL STATES HEALTHCARE There are a lot of things that could go wrong when you get injured and can’t work or function like you used to, particularly when it’s not your fault. There are so many different emotions and thoughts running through your head that it can feel nauseating. It’s a terrible ordeal to go through and the last thing you want to...
QUANTIFYING ADDITIONAL VALUE
WELL STATES HEALTHCARE Injury law, while perhaps a more noble pursuit than retail, is no less of a business. You have clients, you have employees and expenses, you have a revenue stream, and you are always aware of the balance between the time it takes you to close a case and the cost of operating. It can be stressful to operate a legal practice...
LEADING THE THIRD PARTY MEDICAL FINANCING INDUSTRY
WELL STATES HEALTHCARE Well States is leading the way for third party medical financing. We have been pioneering the concept since the beginning, and we are continuing to innovate and improve how third party financing works. What does that look like? Well States has created a business model built on intelligent and innovative financing practices...
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