Why should you work with IHFG?

The simplest answer is because you can increase your cash flow without incurring any debt.

By working with us you avoid all the complications associated with collecting medical lien or letter of protection accounts.  Once we purchase your accounts, we handle all collection and communication functions (and assume all the risk of collection) so you don't have to.  Plus, all purchases are on a non-recourse basis.  This way, your involvement in the accounts is finished when we assume ownership.

Please complete our Medical Lien Application to begin capitalizing your medical lien accounts today.

Who can work with IHFG?

Medical providers, facilities and hospitals that have provided medical services to a patient  pursuant to a medical lien, a statutory lien, or a letter of protection. This includes hospitals (in-patient and out-patient), healthcare systems, emergency departments, urgent care facilities, diagnostic facilities, MRI facilities, ambulatory surgery centers (ASC), medical doctors, surgeons, physical therapists, and chiropractors.

Why wouldn’t I want to collect medical lien / letter of protection accounts myself?

Because guaranteed money now is better than an undetermined amount at some unknown time in the future.

As you may know, working with Medical Lien or Letter of Protection (LOP) personal injury patients is complicated, time consuming, and without a guarantee of ever collecting payment.  To truly "handle" these accounts you would need to have staff dedicated (and knowledgeable enough to anticipate all of the complications associated with third-party liability claims) to track your outstanding lien amounts, handle any filing and notification requirements, continually follow up with the patient, their attorney, and the responsible insurance companies; then wait an undetermined amount of time for the patient’s legal claim to settle (sometimes in excess of 36 months), and then usually be expected to negotiate a significantly reduced amount for your payment, if the patient's claim even settles.  

Or, you can capitalize your medical lien accounts now with our Medical Lien Purchase Program.

What does “Non-Recourse Purchase” mean to me?

This means when we purchase your accounts receivable, we assume the risk of collection and your payment isn't contingent on whether we're successful in collecting when, and if, the patient’s legal claim settles.  Put another way: when our transactions is completed, so is your involvement in the accounts.

Is there a lot of paperwork?

No.  The account verification and review documentation is likely information you already maintain within your files.

Do I have to deal with attorneys?

No. Once our transaction is completed, we place all parties on notice that it is our responsibility to resolve the account.  If anyone does contact you, you simply direct them to us.

How much do you pay for accounts?

It depends on the value of your portfolio; and we won't know that value until we can review and verify the accounts.  We view each transaction as unique.

Are there any fees?

Just a minimal $300 deposit to be applied for the actual costs incurred for UCC-1 Financing Statements related to your application or any future agreement between us .  We don't charge any underwriting or origination fees.

Please review our Medical Lien Purchase Program and see how easy it is to capitalize your medical lien accounts.

Our you can Contact Us for more information or to discuss any how we can increase your cash flow.