This PIP Referral Process Helped a Florida Hospital Regain 2.8 Million
by Marius Ged, on Jul 8, 2020 3:47:58 PM
*Note - due to privacy laws, the legal names of some organizations were kept generic.
History has shown that insurance companies delay, deny, or underpay claims to medical providers. All too often, these organizations find themselves uncompensated, covering treatments sustained in auto accidents.
Medical providers need a system that fights for them in claiming fair payouts from insurance companies. With Ged Lawyers, one Florida-based hospital system recovered over $2.8 million in underpaid or unpaid PIP claims - and counting! Here’s how they did it.
The Background
Faced with a mountain of unpaid or underpaid personal injury payout claims, the hospital administrator began searching online for assistance. Thanks to an existing relationship with a local personal injury attorney in her community, she learned about a free service offered by Ged Lawyers.
After the attorney referred her needs to our office, a team member reached out to set up a timeline for processing the claims. Over 10,000 boxes of medical and billing records needed processing, and the hospital needed a qualified, streamlined solution to handle this massive undertaking.
Due to this process, the hospital did not incur additional expenses or labor hours, and the lawyer quickly found a reliable income stream of referral fees paid to her on every recovery.
Our Unique System for Referring Attorneys
The entire staff of trained legal professionals transferred all 10,000 boxes to a rented 85,000-square-foot offsite facility. They immediately deployed mobile scanner vehicles and audit teams to begin the process.
The company’s proprietary software, Inspire®, quickly digitized all paperwork and organized them into actionable claims. Once all documentation was organized, Pip Revenue’s attorneys began issuing demand letters and litigating with insurance companies where necessary.
The hospital did not incur any additional expenses or labor hours due to this process and quickly found a reliable income stream by referring their unpaid PIP claims.
The Results
In a short period of time, Pip Revenue processed more than 10,00 claims. 9,941 have been successfully closed, with 446 still in litigation. Thanks to the attorney's referral to our team at Ged Lawyers, it has recovered more than $2,800,000 in lost revenue.
Through years of testing and client feedback, our firm has perfected a PIP processing system built on speed and transparency. Medical providers who use our services receive all of the recovery benefits, while the insurance company pays all attorney fees.
Lawyers who refer to the firm build a reliable income stream without increasing expenses or labor hours.
Grow Your Bottom Line with Our Law Firm
Attorneys, if you are ready to put your PIP referrals to work for you, visit our website to learn more about how we can help you grow your revenue potential.
Contact us if you have any questions - we're here to help!