If your law firm handles personal injury cases for motor vehicle accident victims, this message is for you.
In no-fault insurance states, including Florida, lawyers have a significant opportunity to bring revenue to their firms:
In short, lawyers’ medical clients may lack the time and resources to deal with systematic billing backlogs. And after five years, a PIP claim is time-barred under Florida law. That’s revenue the healthcare practitioner should have received—a lost revenue stream, like water under a bridge.
This state of affairs also presents an urgent matter for public policy in Florida. Medical practices should not be subsidizing the big car insurance companies.
Personal injury attorneys who handle PIP claims can build up their own backlog of documents. Even if they can work through the claims before the five-year statutory period allowed by law ends, litigating any unpaid claims is time-consuming. Ged Lawyers was created to offer a more efficient approach.
At Ged Lawyers, our attorneys are subject matter experts in PIP claims collections. How do we work? The attorney (along with the medical provider) signs a co-counsel agreement with Ged Lawyers. Our attorneys manage each claim from start to finish. Ged Lawyers pays a 25% fee to the referring attorney, under Florida bar guidance, directly from the Ged Lawyers trust account.
As for the nuts and bolts of the process, overdue benefits from patient EOBs are a breach of contract claims. Our automated system identifies and assesses each actionable claim. We file demand letters, starting with the most time-sensitive claims. Insurers generally pay the total claims within 30 days after we send our demand letters. If not, we litigate.
The result? Medical clients receive their overdue payments with interest. The insurance company pays all attorney expenses and fees. Thus, while we collaborate with law firms to file on behalf of medical providers and hospitals, the medical professionals will never be asked to pay for our services.
You can review the details of the process in our Guide to Maximizing Law Firm Revenue.
You might ask: But doesn’t this mean sharing our own firm’s medical provider contacts?
The answer is yes. We become co-counsel. We will always treat your contacts with confidentiality and your proprietary interests with respect. This approach means we treat our attorney clients with the same standards of professional integrity and the same level of care we insist on receiving ourselves.
Most of our clients are solo practitioners or boutique law firms that do personal injury work but need extra resources to process PIP claims. We provide the resources and a secure, automated platform. We handle the claims in their entirety while offering our legal clients ongoing support to add to their base of medical clientele. In plain language, we are not here to compete but to collaborate.
Note: Personal injury protection claims offer revenue opportunities for lawyers in diverse fields. For example, one of our clients is a Florida real estate lawyer who has earned more than $2 million in fee-splitting for referrals after a decade of collaboration with our attorneys.
Getting back to your investment in your medical client base, a final word. We know the legal field is essentially a small town, and we have a quarter of a century of outstanding reputation to uphold. When signing an agreement with a personal injury lawyer or law firm, we give our professional assurance that we will be trustworthy, dependable partners.
Lawyers and law firms can trust Ged Lawyers with their PIP claim referrals. Consider our attorneys an extension of your law firm.
We use and constantly refine the best technology in our area. We equip our clients with secure, HIPAA-compliant VPN connections so Ged Lawyers attorneys can process medical records non-intrusively.
We never have to send anyone to our client law firms’ office space or the medical offices. We do not expect any work to be done from our clients’ end.
While we have mobile scanners that can deploy to offices for manual paper audits, most clients prefer our electronic audit option.
We offer a technology-driven process from start to finish. Our system comes optimized for the legal landscape of our digital times. Our system can link to a healthcare provider’s system using secure, compliant connections. At the same time, our Inspire® software digitizes the paperwork, organizes the statements of benefits, and identifies fully or partly unpaid claims.
Law firms can always track each claim by logging on through our secure web portal. We make sure Ged Lawyers clients can check case progress in the workflow, the amount of money due on each claim, and the amounts our client law firms will collect for referrals.
Our swift, transparent system has an exceptional payout rate. Consequently, as a referring lawyer, you can expect a reliable income stream in return for your valuable PIP referrals. You can also depend on Ged Lawyers’s exceptional client service and our steadfast commitment to acting in your best interest in every interaction.
We invite you to learn more about the answers to the Frequently Asked Questions we receive. And we hope you’ll read testimonials from our partner law firms. Their trust matters significantly to us. (Names are kept generic to preserve client confidentiality.)
Ged Lawyers is founded and led by attorneys C. Glen Ged and Marius J. (Marty) Ged. Based in Boca Raton, FL, the Ged Lawyers firm maintains offices in Sarasota, Clearwater, Melbourne, Estero, Naples, and Panama City.
Contact us, and let’s start collaborating to bring revenue into your law firm and recover the payments due to our state’s healthcare heroes.