Has PIP Insurance Underpaid your Practice? Take This Step IMMEDIATELY
by Marius Ged, on Sep 20, 2020 7:42:18 PM
Florida hospitals, doctors, diagnostic imaging offices, and other medical providers are missing millions of dollars, and much of this money may be recoverable.
Insurance companies have a history of underpaying personal injury protection (PIP) benefits for medical services provided to treat car accident injuries. They routinely low-ball reimbursements to medical providers on account of the way Florida's no-fault insurance law works.
Although insurance policies purport to cover reasonable charges for services, Florida insurers invoke a 2007 Florida anti-fraud law to underpay for medical treatment. Often, “full-coverage” policies only pay 75% — although Florida’s appellate courts have examined that same law and held insurance companies responsible for complete coverage.
Getting Medical Practitioners Paid: The Benefits Of Working With PIP Experts
Medical providers need a system that reclaims their fair share of insurance payouts, enabling them to focus on their therapeutic work — not wrangle with insurance firms.
The attorneys at Ged Lawyers run revenue audits on your practice's potentially unpaid or underpaid PIP claims. We identify claims that are likely underpaid or wrongly denied.
We send a demand letter to the insurer on each claim to inform the company it has, under state law, 30 days to pay the claim in full, plus penalties and interest. Otherwise, we’ll litigate.
Our services come at no charge to medical providers. Our team gets paid from the penalty and interest fees, while medical providers receive the reclaimed payment. We employ HIPAA-compliant independent contractor agreements, technology, and methods.
The results? An enhanced cash stream to your firm.
Examine Our Track Record In Raising Medical Providers’ Bottom Lines
Ged Lawyers has a solid track record that includes recovering millions of dollars in underpaid or denied PIP claims:
- Hospital System in Florida: At the request of a hospital administrator, we employed mobile scanner vehicles and audit teams to review more than 10,000 boxes of medical and billing records — renting an 85,000-square-foot space to do so. Our proprietary Inspire® software digitized all documents into actionable claims, which our attorneys pursued. Incurring no additional expenses, the hospital transformed its accumulation of materials into a reliable income stream.
- Hospital Systems in South Florida: We employed mobile scanner vehicles and audit teams to process 4,846 total cases at one hospital. By the time we closed 4,614, we had successfully recovered $1,113,505. We dispatched our remote auditing team to process approximately 4,400 files at another site. With most of these cases successfully closed, we have recovered $1,674,089 to date.
- Imaging Center in Florida: We have closed 10,159 of the provider’s 10,674 cases, recovering $3,750,786.
- Chiropractic Center in Florida: Of 731 total cases, we have so far closed 594, recovering $870,456.
- Orthopedic Practice in Florida: Our team has closed 3,707 of 4,293 total cases and recovered $849,837.
Never Worry About Underpaid PIP Claims Again
Your accumulated PIP documents can be continually sorted into a reliable income stream, and most or all of the process can be handled remotely with HIPAA-compliant technology.
Consider the experienced attorneys at Ged Lawyers as your partner to handle underpaid and unpaid patient bills. Under Florida law, we obtain our fees from the penalties and interest collected from the insurer. Your practice receives the reimbursement you are due.
Contact us and book an appointment on your terms — in person or online.