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 previous legislation from the 1970s in order to allow healthcare providers to establish liens in 2005. That wasn’t all that long ago, and while healthcare providers, insurers, asset managers and others have been working with medical liens prior to that, it wasn’t until that period of time when these businesses really began to take off.
Well States is one of those businesses that took off, and we took off running. We didn’t stop at being just a medical financing company, we are an asset management company. We provide medical lien financing, case and document management, and claimant assistance to uninsured personal injury claimants. When you work with Well States, we make you an asset and a priority. Wells States may not be the only business offering to pay for your clients medical care through a lien, but we are the only business willing to go above and beyond to get your claimant the best care they can, help you reach a settlement faster, and get your claimants life back to normal faster.
The term “medical lien” can be deceiving. Legally speaking, a lien is a demand for repayment and a medical lien merely specifies the nature of the payment. These liens are most commonly offered by healthcare providers as a method of covering non-emergency treatment for uninsured or out of network individuals on a repayment plan. However, healthcare providers are not as likely to offer these plans to uninsured patients, as they pose a greater risk of financial loss. Some medical insurers also offer these types of liens for payment on out of network treatment in emergency cases. Other third party businesses, like asset management companies, banks, or lenders may offer medical loans under a lien as well. Well States, like other third party businesses takes on a greater risk by covering medical costs, but offers other benefits as well. Third party companies offer greater flexibility and additional benefits than insurers or healthcare providers, so it isn’t strange to think that they may be the better choice.
When it comes to third party lenders, there are a lot of benefits. Third parties tend to cover a wider variety of treatments, including surgery, physical therapy, pharmaceutics and non-medical treatment—such as necessary dental work or even chiropractic visits. Unlike other third party lenders, Well States doesn’t just settle for variety. Not only do we cover as much, if not more, than other third party lenders, we manage medical bills and documents for use by the injured party and their legal advisers, we assist injured individuals directly with services like our ride assistance program. While others stop at medical financing, Well States doesn’t; we invest in personal injury cases and the individuals involved in them.
Other lenders may have greater restrictions on where they can offer assistance as well. A company based out of New York probably won’t be able to provide adequate help to an injured claimant in Nevada, assuming they even offer to work with a client that far away from their base of operations. Operating in various different states, and across state lines can be difficult in the United States as medical and lending laws may vary from place to place. Given the hurdles, most businesses don’t bother to expand beyond their state or operations. Well States already has expanded into all 50 states with a network of healthcare providers to meet the various medical treatment needs of our claimants.
Our healthcare provider network is truly where Well States goes above and beyond other medical lenders. No other business can offer personal injury claimants such ready access to a healthcare provider that will not only meet their specific needs completely, but immediately without any worry for cost or negotiation. Whether a claimant needs medical care in a certain area, specialized surgical treatment, or assurances that their care will be the best they can get, Well States provider network was built for the express purpose of meeting the needs of the injured party without sacrificing anything.
The network doesn’t just help the injured claimant either, it also helps their legal team. Healthcare providers in the network have pre-negotiated rates and agreements, including our document sharing agreement. Under our agreement, healthcare providers send us all of the documentation for patients we send to them free of charge so that we can organize them and give their legal team access through our convenient web portal. Everything from billing statements, to x-rays, to doctors statements and more without ever having to submit document request or pay request fees. The amount of time saved through these services alone is well worth working with Well States.
So, if you’re looking for a medical lender for your injured claimant and you want the best of the best, look no further than Well States. We’re not just a lending service, we’re personal injury experts and innovators. To learn more about how we can help your personal injury case with our unique business model, call us at 855.FOR.WSHC (367-9742) or visit our website at wshcgroup.com