Strategic Outsourcing Can Save “Time on Desk”!
In a personal injury law firm, time truly is money. The longer a case remains on your desk, the longer your clients wait for their recovery and your firm’s revenue realization is delayed. This is where the concept of Time …
Deciphering MSP Compliance Settlement Terms
Settlement documents, such as the release, for cases involving Medicare beneficiaries will often contain puzzling boilerplate Medicare Secondary Payer (MSP) compliance terms. At times, you may also see lengthy addendums to the release that appear to have been copied straight …
Stop the Leak: How Outsourcing Healthcare Lien Resolution Can Increase Cash Flow Velocity
Let’s talk about something that keeps personal injury attorneys up at night: cash flow. Personal injury firms work hard to win recoveries for clients, but then it’s like a slow drip waiting for those funds to be ready to be …
Why Effective Processes for Lien Identification, Verification, and Audit are Critical
Resolving liens effectively is critical in protecting your client’s net recovery when settling personal injury cases. Lien identification, verification, and audit are critical steps in ensuring that all potential claims are addressed and safeguarding your client’s net settlement. Here’s how …
To Outsource or Not: Which Lien Type Makes Sense
The decision to outsource lien resolution is pivotal in a personal injury practice as it can significantly improve both the efficiency of the firm and financial outcome of a client’s case. With varying complexities and regulatory requirements, understanding which healthcare …
Effective ERISA Lien Reduction Strategies
Navigating ERISA liens can be a daunting task, given the complexity of the Employee Retirement Income Security Act (ERISA) and its impact on self-insured health plan reimbursement. Although a comprehensive exploration of ERISA is beyond this blog, understanding some key …
Medicare Advantage Plans: Resolving The Hidden Lien
In our previous blog, we tackled the Medicare conditional payment resolution process. However, if your client, during treatment for their injuries, switched to a Medicare Advantage Plan (MAO-Part C), the resolution process might not be over. Here’s why: While you …
Navigating Ethical Outsourcing in Lien Resolution: What Personal Injury Law Firms Need to Know
In personal injury law, attorneys focus on proving causation, liability, and damages. Given the complexities that arise during settlement, outsourcing certain tasks has become a common practice to enhance efficiency and client outcomes. Just as attorneys engage experts in probate, …
Why Outsourcing Lien Resolution Can Transform a Personal Injury Practice: The Benefits of Outsourcing Lien Resolution
As a trial lawyer, you might wonder why you should consider outsourcing lien resolution when it seems manageable to handle in-house. Additionally, you may question whether it’s ethically permissible to engage a lien resolution company like Synergy. The answers to …
Lien Resolution in a Nutshell
In the complicated world of personal injury practice, lien resolution is a pivotal yet often daunting aspect of the resolution process for cases. For trial lawyers, the task of the resolution of various liens can be both challenging and crucial …
