Resources for injury providers

Plain-English guides on letters of protection, liens, billing and receivables funding, written for the people running injury practices.

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What is a letter of protection?

A letter of protection, often shortened to LOP, lets an injured patient receive care now with payment coming from their case later. Here is how it works and what it means for a provider.

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How medical liens work

A medical lien gives a provider a claim on a patient’s settlement. It protects the provider’s right to be paid, but it does not make payment faster.

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Why personal injury cases take so long

For providers, the real question is not whether the bill will be paid, but when. These are the reasons cases take as long as they do.

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Receivables funding vs. factoring

Factoring and injury receivables funding can look alike from a distance. They are built for different kinds of receivables, and the differences matter.

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Receivables funding vs. a bank loan

A bank loan and receivables funding both give a practice cash. They are underwritten differently and arranged differently. Here is what to weigh.

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How to prepare your receivables for funding

The cleaner your accounts are, the easier they are to review. This checklist covers what to have in order before you talk to a funder.

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Questions to ask a receivables funder

Funding agreements are not all alike. These questions help you understand what you are agreeing to, whoever you work with.

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Personal injury billing best practices

Good billing does not make a case settle faster, but it does make a settlement more likely to pay your bill in full. These are the habits that matter most.

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Personal injury practice cash flow

A full schedule does not always mean a full bank account. Injury practices can be busy and short on cash at the same time.

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Personal injury receivables glossary

Plain-English definitions of the terms providers run into when treating injury patients and looking at funding.

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See what your receivables can do for your practice.