Everyone, including personal injury patients, needs access to efficient and effective healthcare to allow for a quick recovery. Unfortunately, it can be difficult to pay for medical bills. Our goal at Gain is to connect personal injury patients with the providers who are willing to provide them care no matter their financial situation.

What Is Patient Recognition Week?

National Patient Recognition Week is celebrated the first week of February. This tradition began in 1995 by a healthcare employee named John O’Malley as a way to show his appreciation for patients. 

During this week, healthcare facilities and their professionals across the country band together to show their respect for their patients, emphasizing their necessity to the industry as well as the importance of quality care and patient satisfaction.

What Is the Importance of Prioritizing Access to High-Quality Patient Care?

Across all medical fields, everyone deserves access to high-quality and immediate healthcare. It goes beyond just addressing immediate health concerns; it’s about recognizing exceptional patient care’s profound impact on the overall healing process.

As we celebrate Patient Recognition Week, let’s acknowledge the profound importance of ensuring that individuals, especially those navigating personal injuries, have unrestricted access to high-quality and immediate healthcare.

Injuries Can Get Worse If They’re Not Treated Right Away

Injuries resulting from accidents demand immediate attention, which means patients need to have unblocked access to proper care. When injuries are not promptly treated, even seemingly minor issues can escalate, leading to more severe and complicated conditions. Delaying medical intervention may allow underlying problems to worsen, hindering the healing processes and potentially resulting in long-term consequences.

Here are some additional reasons why it’s important to have fair and open access to patient care:

• Building Trust and Confidence: Access to exceptional healthcare fosters trust between patients and medical professionals, creating a foundation for effective collaboration throughout the recovery process.
• Effective Treatment Plans: Addressing symptoms from the moment they occur leads to the possibility of personalized and more accurate treatment plans.
• Reduced Financial Burden: Emphasizing the relationship between quality care and fairer case settlements for those injured through no fault of their own. 
• Fighting Discrimination: Quality patient care ensures fair access for everyone, breaking down biases in healthcare. It dismantles barriers, promotes justice, and contributes to an inclusive system.
  

Treating injuries within the first 24 hours is also essential so patients can confidently navigate their personal injury cases. Being burdened with confusing legal proceedings, even with the help of an attorney, can be unbearable if you’re in pain from your injuries.

How to Improve Patient Satisfaction

On top of patients having access to efficient and effective healthcare, it’s also essential that standards do not dip and they’re fully satisfied. Taking care of patients in need goes beyond administering medicine, helping with rehab, and other medical responsibilities. Healthcare providers who go above and beyond can make a real difference in their patients’ lives.

At Gain, we want to provide you with a few National Patient Recognition Week ideas that will help you enhance the satisfaction of patients with no effort at all.

Communicate Effectively

What is the importance of communication in patient care? It’s everything. If a patient has no insight into the treatment process, it’s easy for them to become overwhelmed. Clear communication between healthcare providers and patients builds trust, reduces anxiety, and improves the overall patient experience. Openness ensures individuals have a good understanding of their conditions, treatment choices, and possible outcomes.

Transparency also helps providers tailor their treatment approach to meet each patient’s unique needs, leading to more personalized and effective care. For this to be successful, though, patients must be also honest about their needs and condition.

Emphasize Efficiency

No patient wants to be left to their own devices when it comes to medical care. As medical providers, it’s essential to provide timely services, especially if you’re dealing with an emergency after a personal injury accident. Providing a quick and accurate diagnosis will help patients understand their situations better and can also help them navigate their lawsuits.

Additionally, diligently receiving a diagnosis can help patients sort out their financial planning, as injuries are rarely accounted for. A timely response ensures that valuable healthcare resources are utilized wisely and helps maintain affordability.

Exhibit Empathy

One of the last things a person wants is to end up with injuries, especially if another person’s negligence caused it. Burdened with pain, major life changes, and possibly the stress of financial worries of a lawsuit, these victims need an empathetic provider in their corner.

Along with providing care for their injuries, healthcare workers need to offer emotional support to help patients through these tough times. This helps patients feel understood and valued throughout their journey. This approach creates a relationship that eases anxiety, builds trust, and enhances a patient’s satisfaction.

How Gain Can Help

As pioneers of the medical lien servicing model, Gain works with over 1,000 healthcare organizations across the U.S., enhancing their financial health and operational efficiency. At Gain, we specialize in servicing personal injury cases for medical providers through our Medical Lien Management Services, streamlining operations and significantly boosting collections. Our proprietary AI-enhanced award-winning Provider Portal tackles operational, communication, and legislative challenges, freeing providers from the complexities of lien management. This has proven to increase our clients’ cash flow by an average of 23%.

Additionally, we offer a Partial Advance Model for immediate financial liquidity and an Accounts Receivable (A/R) Purchase option to manage post-settlement revenue, allowing providers to focus on what matters most – patient care -, and less on administrative tasks.

For patients and providers alike, we offer financial solutions, including pre-settlement cash advances for personal injury victims and medical funding for providers, ensuring quicker and direct payments. Whether you’re a medical provider or a patient in need of support, contact us today and tell us how we can help you gain.

The post National Patient Recognition Week 2024: Prioritizing High-Quality Patient Care & Satisfaction appeared first on Gain Servicing.

There are many factors that can affect whether or not you receive medical funding, so that’s why you should employ yourself with knowledge and improve your chances of receiving funding for medical expenses.

8 Medical Funding FAQs

Have you been injured and need medical treatment while you wait for your personal injury lawsuit to go to trial but have no insurance or a high deductible? How do you get the money to get the treatment you need? Should you consider medical funding? How do you select the correct provider? What questions do you ask while looking for what you need?

Getting answers to these questions can help you narrow the field when researching a medical funding company to help you with your financial needs. Learning the specific details of the medical funding process and how these companies operate will help you get the medical funding you need.

1. What Is Medical Funding?

If you’ve been injured and need to pay for healthcare bills right away, medical funding could be a solution. While your attorney handles the complexities of your personal injury case, you can receive a pre-settlement cash advance, allowing you to pay for the treatments you need.

Once your case is settled, that amount will be deducted from your settlement. This is a great solution for those who are worried about paying bills because it allows you to receive those treatments without having to stress over any financial burdens.

2. How Much Funding Can I Receive?

The amount of medical funding you can receive is based on the treatment you need, and the money is paid directly to your medical provider, which is enough to cover the cost of your treatment. After your settlement has been reached, the amount will be deducted from your compensation.

3. Are There Limits to the Treatments I Can Receive?

Receiving this aid isn’t much help if it doesn’t cover the care you need. Before you apply for funding for medical treatment, ask the pre-settlement funding company if it restricts paying for treatments in any way.

From consultation to surgery and from therapy to medications, you want to be absolutely sure that the funding will cover what you need and that you won’t have to fight to get treatment or receive an inferior procedure or medication.

4. How Much Is It to Fund Medical Costs?

Ideally, when you apply for medical funding, you will not have to pay anything out-of-pocket. That is why these services are so beneficial. You receive the treatments you need while your attorney handles the burden of fighting for the financial compensation that you deserve.

You don’t want to work with a company that will expect you to pay any out-of-pocket expenses before receiving the payments.

5. Do I Need to Pay Fees or Interest?

You are already dealing with a lot as it is. Since you are not paying anything out of pocket, you will not be expected to deal with any interest rates or surprise fees. Make sure to clearly communicate your situation with your representative so you can get an accurate plan.

6. When Do I Pay Back the Medical Bills, and What Happens if I Don’t Win My Case?

Ideally, after you receive the payment and treatment, you won’t have to pay that money back. However, some companies, unfortunately, don’t operate like that.

Here at Gain, however, our medical funding services are non-recourse, which means that they are not loans. Rather, Gain pays the healthcare providers for your medical treatment and, if you win a settlement, gets paid back from that. If you lose your personal injury case, you will not be required to pay us back.

7. How Does Gain Make Money?

Medical funding companies like Gain do not invoice the patient who needs the treatment. We give the money directly to the medical provider so that you can receive the treatment in a timely manner. Once your case is settled, we will deduct the amount used for your treatment as repayment.

8. How Quick Is the Process?

When you’re injured or in pain, you need treatment right away. That means you want to get the funding you need as quickly as possible. At Gain, our experts understand the direness of your situation and will work quickly to provide financial support. Depending on your circumstances, you may be able to receive funding in as little as 24 hours.

How to Get Funding for Medical Treatment

When you need emergency medical funding, turn to our experts at Gain. We have earned a reputation for honesty and transparency and for offering the best service in the industry.

If you are considering medical funding to cover the costs of treatment after an accident, we’re happy to answer your questions and review your case with you and your attorney. Contact us today to find out more about how we can help you.

The post Questions to Ask About Medical Funding appeared first on Gain Servicing.

The Treatment

How long your medical treatment takes depends on your injuries, but two things are particularly important when it comes to treatment after an accident. One is that you see a doctor for treatment right away. Doing so makes it easier to connect your injuries to the accident and minimizes the chance that the insurance company has a legitimate reason to question whether or not your injury is actually related to the accident.

The other thing is to wait to file your lawsuit until you’ve reached maximum medical improvement (MMI), the point at which you’re as healed or as recovered as you’ll ever be. Waiting until you’re at MMI to file your suit means that there won’t be any surprise additional treatments that will increase your medical bills after you’ve already filed. While you do want to wait for MMI to file, you don’t want to wait to find a lawyer. While you recover, the lawyer can begin to do research to see if you have a legitimate case. Keep in mind the statute of limitations for filing. In Georgia, for example, you have two years after an injury to file a lawsuit.

Making Discovery

You don’t go to trial right after the lawsuit is filed and everyone is served. Instead, there is a discovery process, during which your attorney and the insurance company’s attorney do what they can to learn the facts of the case and to strengthen their argument. The discovery process might involve having a medical examination conducted by a doctor chosen by the insurance company, being deposed by your attorney and the opposing attorneys and answering written questions. Although the exact length of the discovery process varies, it can typically take anywhere from a few months to a full year.

Negotiations, Mediation or Trial

After discovery, your attorney and insurance company’s attorney might try to negotiate a settlement. If they can’t reach an agreement on their own, mediation might be required, which involves having a neutral third party listen to the facts of the case and make recommendations. Although mediation might only take one day, the process of negotiating can take several months.

If negotiation doesn’t work out, the case can move to trial. It might be months before your trial date and it’s possible for the date to change, based on the judge’s schedule. Once you get into the courtroom, a personal injury trial can last anywhere from a day to several months.

It can be a few years before you a see a penny of your award or settlement. If you’re concerned about making ends meet or covering your bills while you wait for trial, pre-settlement funding can help. It’s a non-recourse cash advance, usually between 10 and 15 percent of your expected settlement. You only repay it if you win. To learn more about your funding options and for details on the application process, contact Gain today.

The post How Long Does an Accident Lawsuit Case Normally Take? appeared first on Gain Servicing.

Physicians and medical practice executives can find it difficult to manage cash flow, especially amidst the ongoing concerns surrounding COVID-19 and as elective surgeries and other lucrative procedures continue to be put on hold. Cash flow difficulties compound when medical services are provided to personal injury patients on a Letter of Protection (LOP) when payment from settlement can take years to receive.

Many practices attempt to handle LOP account balances in-house but LOPs are challenging for staff as practice management systems are not equipped to handle the complexities surrounding LOPs, including necessary and proactive follow-up measures with attorneys.

The downside, of course, is that cash flow takes a hit when LOPs are not managed properly and go unpaid. Since an LOP states that you, the medical provider, are agreeing to await payment from future settlements awarded to the patient/attorney, you can expect anywhere from six months to seven years before the practice realizes this revenue. Also, at the time of payment there may be reduction requests if the financial outcome of the legal case was not as expected. This can pose a serious risk to your payment. In response, some medical offices retain a paralegal or develop an underwriting department to screen the personal injury cases prior to seeing patients, all of which can be time consuming, costly and still result in unpaid LOP account balances.

LOP Financing Options: Third-Party, In House, Gain Servicing

Many practices sell their LOP account balances at a discount to lien financing, or medical funding, companies. This provides the practice with immediate cash flow and offloads the work of tracking, managing and collecting on LOPs, but it comes with a tradeoff. Not only does the practice give up control of the process but having a third-party manage your LOP accounts receivables (AR) can come at a severe cut in profit depending on the bid amount of the financing company on your AR balances.

But, if managed in house, medical providers lack options to increase revenue and decrease time between service and payment for personal injury treatments.

A viable alternative is to consider a data-driven financing partner, like Gain Servicing. Our technology platform is backed by artificial intelligence and data from thousands of personal injury cases – intelligence we are able to pass along to our medical partners, resulting in fewer write-offs and more paid-in-full LOP balances.

Additional, unique benefits of Gain Servicing:

• Automated LOP tracking – no more manual processes or workarounds
• Optimized revenues – our AI-powered platform enables us to compare balances and case data points to help you get a better return
• Business intelligence – detailed reporting and analytics show you how well our system is doing for you
• Referral source analysis – know exactly how patients are choosing your practice through the identification and tagging of attorney referrals
• White label options – our team can act as badged resources for your practice while collecting on LOPs, creating a consistent patient and attorney experience with your practice

In the Gain Servicing model, you benefit from our tools and technology, experience, expertise and optimization of LOPs without the risk you had previously been assuming by treating personal injury patients on LOPs and not having the right systems, processes, procedures and people in place.

A Newfound, Viable Source of Revenue: LOPs

With a financing partner like Gain Servicing, practices can open their doors even wider to personal injury and workers’ compensation patients.

Marketing for these types of patients is relatively simple. Begin first by letting physicians know that they can bring their personal injury and workers’ compensation patients who are uninsured or underinsured to your facility. Many orthopedic surgeons and pain management physicians are already treating or being approached by attorneys to treat these injured patients. You can also notify your local personal injury attorney offices or local litigation groups who legally represent potential patients of your willingness to accept their clients on a lien or LOP.

In Closing

Communication with patients and attorneys is an ongoing requirement when dealing with LOPs; otherwise, it is possible they may settle the case without paying your medical bill. A technology-driven, experienced financing company, like Gain Servicing, takes on the role of an entire collections department while additionally providing LOP-specific tools, expertise and processes. Namely, LOP receivables do accumulate and age well beyond 120 days, and if not working with a medical-legal funding company, like Gain Servicing, you will need to allocate valuable resources to keep up to date and track your LOP accounts.

When evaluating alternatives to expand your reimbursement portfolio, accepting personal injury and workers’ compensation patients on LOPs is a sound business decision and requires minimal investment to significantly increase patient volume. You can reasonably expect that by opening communication with local attorneys, you will see consistent patient referrals, especially if you partner with an expert like Gain Servicing and have an efficient process surrounding LOPs.

If your practice has already been treating patients on LOPs and you need to increase your cash flow now, seek an experienced partner to monetize that patient volume through lien purchasing or servicing. Gain Servicing has several different options available, and we can customize a solution that will result in the greatest return on investment for your practice.

More About Gain Servicing

Gain Servicing specializes in the financing and servicing of personal injury and workers’ compensation patient receivables.

Gain Servicing is a wholly owned subsidiary of Cherokee Legal Holdings, a medical-legal funding company headquartered in Atlanta, Georgia. For over 10 years, we have financed existing third-party liability accounts from patient care that has been provided at healthcare facilities and medical practices across the U.S. We provide the underwriting and up-front screening, as well as process the paperwork and conduct the necessary follow-ups with attorneys after procedures are complete. We pay medical providers for their patient care, assuming the risk while providing immediate cash flow to the practice. Our goal is to increase healthcare organizations’ cash flow now while seamlessly allowing providers to do what they do best – provide care to those in need.

Gain Servicing is the go-to solution for medical practices providing quality care to the injured, underinsured and uninsured.

The post How To Increase Cash Flow From Letters Of Protection Cont’d appeared first on Gain Servicing.

The post How To Increase Medical Cash Flow From Letters Of Protection appeared first on Gain Servicing.

During the 1990s, there were also a number of damaging storms, which began to fundamentally shift how insurance companies conducted business. In 1989, Hurricane Hugo ripped through South Carolina, leaving in its wake $4.2 billion of insured, yet damaged property. In 1992, Hurricane Andrew stormed through, creating $15.5 billion in claim payments and resulting in the bankruptcy of 11 separate insurance companies.

When the payout is greater than the insurance premiums customers pay, there is no profit.

For the insurance companies that survived, and who depended on insurance premiums and investments for income, they believed something had to be done. Storms were gaining magnitude. Catastrophe models weren’t as predictable and face-to-face assessments were dubbed as being useless, time-consuming, old-fashioned, and inefficient.

Now, computer programs and software are calling the shots, like Colossus, which determines claim payments based on statistics, technical data, and mathematical probabilities all designed to pay out less in settlements. But, are these computations fair and non-discriminatory to injured parties? Or, are the probabilities rigged in favor of insurance companies?

Around the same time as those destructive storms, Allstate, an American insurance company, hired McKinsey & Company, a New York consulting firm, to show them how they could increase their bottom line. McKinsey & Co.’s PowerPoint presentation, complete with more than 12,500 slides, was a fundamental shift in the insurance business model. The industry quickly went from being “For the benefit of policyholders” to “For the benefit of shareholders.” It boiled down to this: avoid paying claims, and when you do pay—pay less. After heeding McKinsey’s advice, Allstate saved $700 million and their stock price rose dramatically. (Note: Allstate ended up paying $2.4 million in fines to the U.S. courts for not initially handing over this documentation.)

Allstate raked in the profits. In the first few years of the Colossus implementation, average payouts for bodily injuries dropped more than 20 percent. Mark Romano, a former Allstate senior executive and top expert in Colossus described his work utilizing the program as “turning the knobs.” In fact, the 1996 McKinsey team even noted initial resistance from Allstate claim agents, stating there was a “lack of buy-in.”

After any major accident, urgency matters for the injured insurance policyholder. The first 180 days hold tremendous financial pressure. Claims, fees, payments, and medical bills immediately start piling up. If an individual can no longer work, who pays the mortgage? Companies, like Allstate, understand this predicament, which is why they drag their feet on paying insurance claims.

David Berardinelli, author of From Good Hands to Boxing Gloves: The Dark Side of Insurance, details this courtroom power-play. Berardinelli turns Allstate’s motto on its head when notes that the policyholders who accept initial, but much smaller, claim settlement amounts are “in good hands.” But for those policyholders who choose to fight and seek legal representation, they receive Allstate’s  boxing gloves.”

Companies, like Allstate, pressure policyholders to settle quickly and to accept some money (even though it’s a fraction of what a policyholder is due). Or, they deny and diminish claims, so that policyholders have to use their own resources and seek legal representation to fight for a fair settlement. If resources are already scarce, where will the money come from to cover legal fees? Policyholders, concerned they could spend years in court while their bills go unpaid, often feel forced to take what is initially offered. In fact, one McKinsey & Co. slide for Allstate simply read, “Win by exploiting the economics of the practice of law.”

Berardinelli added: “All this is a plan for switching money from the policyholders’ pockets to the shareholders’ pockets.”

The Alligator Approach to sit and wait is done deliberately to frustrate policyholders, so they’ll accept less and walk away. Legal and medical funding, like what Gain provides, offers an opportunity to gain access to critical funds in a timely manner and allows attorneys the necessary time to fight for a fair settlement or go to trial. Nobody should have to choose between taking a lesser settlement and waiting for a fair settlement or trial because they need money to pay for essentials and their medical care. Legal and medical funding also isn’t a loan, so if plaintiffs don’t win, or if the amount they’re awarded is less than the bills owed, they only pay what they have recovered. Repayment is contingent on the success of the lawsuit or the settlement of the case.

After the fundamental shift in the 90s, plaintiffs need to be their own advocates. Insurance is a business model and it’s one that is weighted heavily to tip the scale in favor of the insurance company, not the policyholder.

The post Reduced Payouts, Increased Profits: How the Insurance Industry has Shifted Away From People, Towards Profits appeared first on Gain Servicing.

What Is a Medical Lein?

It can be tempting in this kind of financial pinch to turn to anyone for help, including the medical providers themselves. Over the past few years, Felton Banks PLLC, a North Carolina-based law firm, has been calling this practice “medical lien funding.”

Medical providers who are owed money for services rendered can claim a lien against your recovery if they:

• Provide notice of the lien
• Provide medical bills for free
• Provide medical records for free

So, you can probably see how this can be beneficial to patients who suffered an unexpected injury. Basically, these laws allow medical providers to treat you today and secure payment for that treatment once you settle your personal injury claim. This is a huge relief for injured patients who can’t afford to pay out-of-pocket for their treatment, and it makes the process more manageable for everybody involved.

However, not all medical liens are non-recourse. The point of view Felton Banks is sharing above is specific to North Carolina law. For instance, the state of Texas passed paid versus incurred legislation in which healthcare providers currently holding liens cannot do so because they have determined healthcare providers are not businesses and should not be governed, in this instance, like businesses.

There are countless other examples of the complexity of medical funding and whether or not they should be non-recourse in nature, including the Michigan Covenant Medical Center v. State Farm case. What it all boils down to is that medical funding is not that simple, and the laws governing these cases vary greatly from state to state.

Benefits of Medical Lien Companies

Regardless of whether a medical lien is determined to be non-recourse or not in a given state— although an important distinction—there is still the complication of medical providers functioning like financiers.

Medical funding companies, like Gain, for instance, preserve the role of all parties. Attorneys, plaintiffs, and doctors are all best served when an independent third party is the source of medical funding.

Healthcare providers should never take on this role or have a financial interest in the outcome of a case by holding their own liens. Their job is to provide the best medical care, period. The same is true for attorneys and providing the best legal advice in pursuit of their clients’ claims.

In both situations, there’s a conflict of interest. One possibility is that a doctor’s credibility may be undermined by the defense counsel, who could emphasize the doctor’s financial stake in the case rather than sticking to the facts. Alternatively, if the funding party is involved, they might be inclined to settle the case for less than its actual value to ensure they get repaid.

Neither of these scenarios should happen. Instead, a medical funding company can assess cases independently, with no influence on or ability to affect the case outcome, ensuring an unbiased position for all parties involved.

Attorneys and doctors should have no ownership interest in the outcome of their clients’ or patients’ cases, nor should they receive any compensation other than the value owed to the doctor for their professional services at the time of treatment and the time value granted by the attorney to maximize case values.

Turn to a Medical Lien Funding Company Instead

A serious shift in conversation takes place when a defense team finds a medical provider is also funding their own services, and thus, the case. A doctor’s opinion and treatment plan should be based solely on patient needs and never on whether or not they will be paid for their services. In other legal circumstances, this is referred to as the separation of church and state.

If you’re a personal injury victim who needs a pre-settlement cash advance, an attorney who needs funding for their client, or a medical provider who needs funding for a patient, reach out to a medical funding company that specializes in personal injury cases.

At Gain, we are dedicated to helping those who need financial help in order to get the treatment they need. Contact us today to speak to our professionals about our services.

The post Why Medical Providers Should Not Become Medical Funders appeared first on Gain Servicing.

As an industry, legal funding has a colorful reputation. It’s a reputation we at Gain look to recreate every day we are in business. From the comprehensive and timely services we provide to the client experience that accompanies every attorney, medical provider, and plaintiff we work with, we are here to provide pre-settlement legal funding for those fighting for justice and fair settlements. And we are here to do it differently.

For those who may be unfamiliar with legal funding, and specifically how Gain does legal funding, here is what we provide:

• Gain is a full-service direct legal and medical funding company, headquartered in Atlanta, Georgia.
• Gain has funded clients in 40 states represented by attorneys in 26 states.
• Gain was founded in 2010 at the urging of several doctors and plaintiff attorneys who wanted a better, more reputable option to refer their clients to.

The idea behind Gain is simple: We help plaintiffs by providing them with funds to pay bills or for medical treatment so they can heal and afford to wait for a fair settlement. And we do it all with 100 percent transparency, world-class customer service, and at a reasonable cost to clients.

From day one, our goal has been to help enable the best outcome for plaintiffs and attorneys by providing them with the legal and medical funding they need to achieve their goals. With over 150 years of combined industry experience, our team prides itself on having the best reputation in the industry.

Gain is also home to Same Day Funding. We know that many people who apply for legal funding cash advances do so because they are in urgent need of funds. Same Day Funding was created to help our clients get access to the money they need as quickly as possible, which is why there is no credit check. The application process is easy and fast, and comes at no cost to plaintiffs.

Client Testimonials

What better way to demonstrate what we do and how legal funding works than with client testimonials? From some of the people who Gain has helped as they sought justice, here is a short list of personal cases and examples of why we’re in the business of providing legal funding.

“Everybody said no, except Gain. They approved my pre-settlement loan and I had my funds within 24 hours via Western Union. I was able to get some of my bills taken care of while my attorney [worked] on my case. [I] highly recommend their service.”

Mike S. – Haines City, Florida

“This money [helped] us get a therapy pool for Michael, which is needed for his aqua therapy every day. Thank you.”
Anonymous

“The service from Gain [helped me pay bills during] this time of need, while lawyers [worked] on my case. The people are genuine, [and] they care about ME.”
Helen M. – Griffin, Georgia

“The loan I received from Gain could not have been more helpful! They understood my need[s] and were quick to assist [through] the entire process! Thank you so much!”
Lindy C. – Orlando, Florida

“[Gain was] a great help with overdue needs and bills that have arisen while out of work due to my accident.”
Anonymous

“The advancement I received allowed me to catch up on past due rent, utilities and other household bills.”
Anonymous

“My daughter was murdered in 2015 and [Gain was] a lifesaver. [They paid] for the funeral and [provided] money to pay for our bills in a timely manner. I would always recommend Gain.”
D.C. – Union City, Georgia

“Gain is there when you need them. I received pre-settlement funds [within] 24 hours in order to cover my medical expenses.”
Najee G. – Morrow, Georgia

“Thank you for this advancement, now I am able to handle my immediate debt while I wait for my lawsuit to settle.”
Anonymous

Legal Funding Thoughts: With Gain Founder & CEO Reid Zeising

“The pre-settlement advances we provide at Gain are critical to leveling the playing field between plaintiffs with legitimate claims and influential, deep-pocketed defendants and their insurance companies. Legal funding provides plaintiffs with pre-settlement cash advances so they are able to meet daily financial needs while they pursue justice. Access to the vital resource of legal funding has crossed over from business model to activist. We consider ourselves defenders of the Seventh Amendment, or the right to trial by jury, and we take that role with a great deal of responsibility. We are constantly self-reflecting on how we are providing legal funds to those in need and how we can do it better every day.

An accident of any kind, but also the legal claim process that follows, is arguably one of the most challenging moments in someone’s life. To be able to provide a source of relief is a wonderful feeling, and we are grateful to be in a business built around helping people.”

For more information on Gain’s services, check out our services overview page, as well as the most frequently asked questions we get on pre-settlement funding and medical funding.

The post Client Testimonials: What Plaintiffs Say About Gain’s Legal Funding appeared first on Gain Servicing.

What You Need
Right after an accident, you need to start piecing together the facts. Doing so will help your attorneys figure out if you have a good case, and, if you do, what your case might be worth. It’s important to give your attorneys all of the information you have about your injury, the medical bills associated with it, estimate of lost wages and the cost of any other damage.

It’s also important to give your lawyers all the information about your injuries or medical history. For example, if you suffered whiplash in an accident, have you had neck or back problems before? If so, the insurance company might try to argue that your injuries are due to a pre-existing issue, not a result of the accident. It’s also important to let your attorney know if you could be found liable in any way for the accident, as that can affect the amount of your settlement.

Breaking Down the Damages
Once your attorney has all of the details about your case, he or she can usually give you a fair estimate of what you can expect if you take your case to trial and win. Depending on the specifics of your case, the damages might include the cost of medical treatments, loss of income, the cost of emotional distress and pain and suffering.

In some cases, it can take a fair amount of time to calculate the cost of the damage from an injury. For example, you might think that your medical treatment is finished, only to have a flare-up or other issue down the line, which increases the cost of the accident. Or, you might expect to be out of work for a month, but end up needing to take more time off, which can affect the amount of money you need for lost wages. That’s why it’s important not to rush and take the first amount you’re offered – it might not be close to what your case is really worth.

Who You Can Trust
Your attorney will work to figure out the value of your case and should be a trusted source for information about whether to settle or whether to take the lawsuit to court. It’s important that you trust the advice of your attorney over the input from the insurance company. Your attorney is looking out for your best interests, while the insurance company is looking out for the bottom line. It’s often in your best interest to not take the initial settlement offer and give your attorney time to get you a fair settlement.

If you are having trouble making ends meet or paying your medical bills, you might feel pressure to settle and take the lower amount, just to have cash in the bank. Pre-settlement funding is designed to help tide you over until you receive the cash from your settlement. It’s a cash advance for up to 15% of the anticipated amount of your settlement. It is not a loan and only needs to be paid back if you win. To learn more about pre-settlement funding, contact the team at Cherokee Funding today.

The post What Your Case is Worth: Now vs. Later appeared first on Gain Servicing.

Have you been injured in a car accident, slip and fall, or another incident—and now you’re staring at medical bills while your case moves at a legal pace? You’re not alone. The CDC reports 43.5 million injury-related emergency department visits in the U.S. (injury/poisoning/adverse effects), with Gallup estimating 12% of U.S. adults borrowing money for healthcare in 2025, totaling about $74 billion. 

This is a stark reminder of how often sudden injuries disrupt lives and budgets.

That’s where medical funding can help. If your claim supports it, funding can pay providers directly so you can get treatment now—without letting unpaid bills or financial pressure push you into a rushed settlement decision.

Medical Funding Explained

Health insurance doesn’t always cover the full cost of your healthcare bills. If you’ve been injured, you may have to pay a considerable amount out of pocket. It can be through a high deductible or for procedures and medications your insurance doesn’t cover.

That’s where medical funding comes in—especially when a medical funding case involves ongoing treatment needs that can’t wait.

With a strong case and a great lawyer, you might be awarded a high enough settlement to cover the costs of your medical treatments in a personal injury or medical malpractice lawsuit. But, it often can take months or even years for that money to actually arrive in your bank account. Funding for medical procedures covers the cost of the treatment you need while you wait for your settlement. In many medical funding case situations, that time gap is exactly what creates the biggest stress.

The Purpose of Medical Funding

Medical funding lets plaintiffs get the treatment they need when they need it. It covers an array of medical treatments, such as initial consultation, MRIs and other imaging, lab tests, physical therapy, and surgery. This funding pays the medical provider directly so that you don’t accumulate a large amount of debt while you wait for the settlement. Many people seek medical funding companies as one of the funding options for plaintiffs because the help is built around your claim and treatment timeline and it is not a typical loan. 

Who Medical Funding Helps

Receiving funding for your medical bills does two things:

• It aids individuals who have been injured and require medical treatment.
• It supports the doctors and medical providers who administer treatment to the injured person.

Since the money goes directly to the hospital or doctor’s office, the facility doesn’t have to bill a patient or wait to receive payment. Direct funding helps healthcare providers improve their cash flow, especially with the rising costs of healthcare. This is one reason providers often prefer working with a medical funding company that can pay reliably and quickly.

This also reduces the burden on the office staff, as they won’t have to chase after patients about bills or constantly follow up regarding the status of a patient’s legal case. When providers partner with medical funding companies, they can spend less time on collections and more time on patient care.

Your personal injury attorney can also benefit from this funding. When a patient’s medical bills are covered, the pressure to settle quickly is alleviated. That means a lawyer can focus on getting a client the compensation they deserve instead of a deal that will pay out the quickest. In a complex medical funding case, that breathing room can make a meaningful difference in the outcome.

How to Get Funding for Medical Treatment

As a plaintiff, you apply for such funding yourself, even though the money goes to the doctor or healthcare practice. 

If you are wondering what medical funding services help with patient care financing, look no further. Medical funding companies like GAIN Servicing offer pre-settlement funding. This type of funding can help bridge the gap between getting treatment now and receiving your settlement later, so you can keep your care on track while your case moves forward.

The process is fast and simple, and most patients are approved the same day they apply. Working with the right medical funding company can also make it easier to coordinate documentation and keep the approval process moving.

What to Do if Medical Funding is Denied? 

If your medical funding application is denied by the insurance provider, it usually doesn’t mean your claim has no value. It often means the funder can’t confidently evaluate risk yet based on the information available or the current posture of the case.

Common reasons medical funding gets denied include:

• Liability is unclear: fault is disputed, evidence is thin, or there’s limited third-party coverage.
• Damages don’t support an advance: treatment costs or wage loss may be too low relative to the expected case value.
• Documentation gaps: missing medical records, itemized bills, treatment plan, or proof of lost wages.
• Liens reduce expected net recovery: Medicare/Medicaid, health insurance, child support, or prior advances may take priority.
• Attorney-related issues: you don’t have an attorney, or your attorney won’t cooperate with verification.
• Timing/jurisdiction limits: the case is too early to assess, moving unusually fast/slow, or the funder doesn’t operate in that jurisdiction.

What to do next

Ask the provider for the specific denial reason and what they would need to reconsider. Then work with your attorney to strengthen the file—request updated records, bills, imaging, and incident/police reports. If your diagnosis or treatment plan is still developing, consider reapplying later once the long-term impact is clearer. Finally, you can opt for pre-settlement funding, so that you can get the required medical attention while your case is still on. 

What Happens After You Receive Funding?

Gain pays for the plaintiff’s bills directly to the hospital or doctor’s office, so the plaintiff doesn’t ever have to handle the funds. Medical funding from Gain is non-recourse and is not a loan. That means that if you don’t win your case or a settlement, you don’t have to pay the money back. If you do win, GAIN is paid back from the settlement amount. You don’t have to worry about paying any fees or interest out of pocket, ever.

If you’ve been injured, have a case pending, and need medical treatment, contact us today to see if medical funding is the right choice for you. We’ll go over the details of your case and approve it quickly. Don’t let an inability to pay keep you from getting the medical care you need. We’re here to help.

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