All cases presented to Surg-Assist for funding are reviewed by Surg-Assist underwriting staff which will consider various factors such as likelihood of success of the pending Personal Injury case, reasonable conservative value of the recovery, amount of Insurance coverage of the Defendant/Responsible party ( or other source of funds for recovery i.e.: a government agency or similar) and other appropriate factors. Most cases presented for funding QUALIFY and are FUNDED. The amount which is advanced may vary relevant to the factors reviewed by the underwriter but generally an advance will be a substantial amount of the LIEN or “Letter of Protection” amount. In many cases additional compensation generated by the final payoff of the LIEN or “Letter of Protection”, that exceeds a certain basic return to Surg-Assist , is divided equally between the Assignor (Provider) and Surg-Assist .
Surg-Assist will undertake, in the context of the “Assignment”, the servicing responsibility to monitor the progress of the pending Personal Injury case, keep the Provider advised of the case status, and review with the Attorney all circumstances that may be presented which could warrant a compromise of the LIEN or “Letter of Protection” payoff. Surg-Assist will consult with the Assignor/Medical Provider regarding the issue of a compromised payoff and will communicate the amount of the acceptable compromise (if any) to the Attorney.
With over 12 years in the Litigation/Medical Funding business Surg-Assist has established a track record that has successfully advanced to Providers and others Millions of Dollars of much needed REVENUES and CASH FLOW. Please contact us at 800-357-8447 ext. 110 to explore how Surg-Assist can be of assistance to your ASC and affiliated Surgeons.