October 15, 2020

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. Non-emergency personal injury cases are quite common, and often result in lasting physical damage that requires multiple doctoral visits. On top of that, statistically speaking, uninsured Americans are less likely to be able to cover the cost of medical treatment for injuries than those with insurance. This means that an uninsured patient seeking treatment amid personal injury litigation is more likely to need extensive care and less likely to be able to pay for it, even over time. This creates a significant deficit that can be a serious problem, particularly for smaller healthcare providers. When it isn’t an emergency and healthcare providers have a choice not to treat an uninsured individual, it makes sense not to; even if the choice is a heartbreaking one.

Well States aims to change the way that healthcare providers look at uninsured patients by building a healthcare provider network to connect providers with injured patients that are receiving third party financing. We have already built a network that spans most of the United States, but there are always more people that need help and there is always room for more healthcare providers. Joining Well States healthcare provider network is easy and rewarding.

By joining Well States Healthcare provider network, providers can turn potential liability patients that might not be able to pay for the most basic treatment into profitable and valued patients that get coverage for the treatment they need. That means any initial treatment, as well as follow up treatment and wellness checks. Even a simple injury can require extensive care or become complicated. For an uninsured individual in the middle of personal injury litigation, their injury needs to be well documented and fully treated so that they can enter a settlement for the proper amount of compensation. And with guaranteed payment for necessary treatment, that makes these patients profitable without having to wait for the fulfillment of a payment play that may never fully pay out.

When a healthcare provider joins the Well States provider network, there is a negotiation process. In order for Well States to help everyone involved, healthcare providers have to agree to pre-negotiated rates for medical treatments as well as a waive on fees associated with affiliated patient medical documents. This means that patients are charged a set amount that benefits both them and the provider. As for removing fees for medical document requests, it is still a net benefit for healthcare providers. When a patient or their legal council requests documents or test results for use in litigation, they are in a rush and will likely request multiple times; what’s more, they may make several requests through several different channels or employees. This can lead to multiple filled requests or canceled requests that have been partially fulfilled. This leads to confusion, frustration, and potentially wasted resources. When a healthcare provider joins the Well States provider network, all document requests for patients that we send to providers come from the same source and are sent to the same place; Well States. By functioning as the central point of information exchange between a patient or their legal council and the healthcare provider that cares for them, we remove the confusion and frustration of document transfers and requests.

All of these benefits that healthcare providers can access by joining the Well States provider network don’t really come at a price. There is no competition with other providers for care in a given area, no waiting for payment of medical bills through installments or a payment plan, and no loss in revenue from patient treatment. No other company does what Well States does. We bring patients and healthcare providers together. We mediate between providers and attorneys. We cover medical costs so that providers don’t need to stress over being paid for the services that they provide. We are a one of a kind business, a leader in lien financing, and a powerful asset for both healthcare providers and the patients they treat.

If you represent a healthcare provider and are interested in how your practice can benefit from joining the Well States provider network, you can contact us over the phone or online by calling 855.FOR.WSHC (367-9742) or visit our website at wshcgroup.com. Well States is ready to show you how we can add value to your medical practice.