by Marius Ged, on Sep 25, 2020 7:51:00 PM
Regardless of the circumstances, history has demonstrated the unwavering propensity of insurance companies to delay, deny, or underpay claims to surgeons, ER doctors, chiropractors, clinics, MRI centers, physical therapy rehab centers, and hospitals.
Far too often, these critical health care organizations find themselves uncompensated and at the mercy of PIP insurance providers — until now.
Ged Lawyers offers a robust, cutting-edge platform for helping medical providers claim their fair payout from insurance companies. As the brainchild of a group of experienced attorneys, PIP Revenue allows attorneys to easily refer PIP claims and receive an additional revenue stream without extra labor.
And when a chiropractor in Florida found themselves with a revenue flow challenge, they turned to PIP Revenue for a solution. The result has been more than $870,000 collected in unpaid or underpaid PIP claims to date — and counting.
Let's take a closer look at how Ged Lawyers helped a Florida chiropractor.
The Background
When a local Florida chiropractor discovered a cash flow problem, they didn't have to look far to find the source: unpaid and/or underpaid PIP claims by the insurance company.
Yet, collecting these funds from PIP insurers requires skill, expertise, experience, and time.
Unfortunately, all of these necessary components were at a premium or lacking for the chiropractor and their attorneys. Even so, the chiropractor's revenue flow challenge demanded a faster way to achieve payouts.
Thanks to an existing relationship with an attorney in the community, the chiropractor discovered our PIP payment recovery system at Ged Lawyers.
See How Our System Works
Once the attorney referred the chiropractor to Ged Lawyers, a member of our team reached out to establish a timeline for processing the claims.
Our mobile scanning unit arrived at the chiropractor's facility and started processing mountains of documentation backlogs.
Our in-depth audit process uncovered over 700 claims with a high likelihood of producing a payout.
The Win-Win Judgement
After this discovery phase was complete, the PIP Revenue attorneys diligently filed the correct demand letters and litigated the urgent cases. And so far, the results have been telling:
Out of the 731 total cases, PIP Revenue has closed 594 cases and counting, which resulted in $870,456 in total revenue collected. This number is projected to increase significantly because there are 137 total cases still in litigation.
While collecting these claims, neither the chiropractor nor the referring attorney incurred additional labor hours or expenses. The referring attorney discovered a reliable income stream through referral fees paid to him for every recovery.
This created a win-win solution for the referring attorney, the chiropractor, and Ged Lawyers — whose fees were paid by the insurance company.
Partner With Ged Lawyers Today
Based on several years of testing and client feedback, PIP Revenue has perfected a robust PIP processing system with exceptional transparency and remarkable speed. PIP Revenue was designed around three foundational goals:
- A digitally-driven, simple process for lawyers and attorneys to easily refer PIP claims and bolster firm revenue.
- A streamlined system for uploading and processing claims without creating additional work for law firms.
- A transparent experience that empowers attorneys to follow along effortlessly and continually view the progress of referrals — from referral to payment to referral fees.
Medical providers — like the Florida chiropractor mentioned above — can take advantage of PIP Revenue and enjoy recovery benefits while the insurance company pays attorney fees and costs. The attorney who refers to the firm establishes a reliable income stream without ever-increasing labor hours or expenses.
Contact us today to learn how we can help your organization!
