ProMed Capital is a leading provider of medical receivable funding solutions. ProMed partners with healthcare providers, surgery centers and diagnostic and related facilities that provide patient care in exchange for medical liens (ML’s) or medical letters of protection (MLOP’s). The company predominately funds medical services for patients who have been injured as a result of a personal injury or accident event. ProMed provides immediate reimbursement to doctors, surgeons, therapists, medical facilities and other professionals on behalf of patients while obtaining the healthcare providers ML/MLOP against contingent future legal proceeds.
Finally the victims of personal injury events can get access to the healthcare they need whether they have health insurance or not, and medical professionals can enhance their practices and serve this patient population, while immediately improving cash flow and financial liquidity.