PI Medical Receivables

Personal Injury (PI) Medical Receivables Funding

Working Capital for Your Practice

Your practice delivers care today, but payment on personal injury cases can take years. A sale of qualifying PI medical receivables may help convert outstanding balances into capital for current business needs.

Potential uses of proceeds include:

Daily operations: Support payroll, rent, supplies, and other operating expenses.
Practice development: Invest in equipment, technology, and facility improvements.
Growth opportunities: Support staffing needs, additional services, or expansion.
Financial flexibility: Address business obligations and plan for upcoming expenses.

Illustrative transaction:

A practice with $15 million in qualifying receivables could receive $9 million in gross proceeds if those receivables were purchased at 60% of face value.

Hypothetical example only. Gross proceeds are before applicable fees and costs. Actual purchase prices and net proceeds vary; no outcome is guaranteed.

Providers & Receivables That May Qualify

This program is intended for healthcare providers holding outstanding medical receivables associated with personal injury cases. Eligibility depends on the receivables, supporting documentation, state requirements, and underwriting review.

Providers that may qualify include:

Surgery centers with outstanding PI-related treatment receivables.
Hospitals holding eligible balances for medical services.
Orthopedic practices treating accident-related injuries.
Pain management clinics providing care related to personal injury cases.
Rehabilitation and physical therapy centers holding qualifying treatment receivables.
Other healthcare providers with eligible PI medical receivables.

Additional eligibility considerations:

California Workers’ Compensation receivables may also qualify. Contact us to confirm whether your state, practice, and receivables meet the program’s requirements.

Submitting an application does not establish eligibility or guarantee a purchase offer.

Application, Fees & Review Process

Start by providing information about your practice and outstanding receivables. The process includes an application, required agreements, onboarding, and an evaluation for potential purchase.

Getting started:

Complete the application. Submit your practice and receivables information through the online application.
Sign the NCND agreement. Review and complete the required agreement.
Provide documentation. Submit the materials requested for onboarding and receivables evaluation.
Pay the membership fee. A $2,500 upfront membership fee is payable directly to The Launch Box Group LLC for onboarding and file preparation.
Complete the funding review. Your receivables are evaluated for potential purchase, subject to due diligence, underwriting, documentation, and final approval.

Turn PI Receivables into Working Capital

Your practice provides care today, but personal injury payments can take years.

Chatman Advisory Services LLC, in partnership with The Launch Box Group, helps eligible healthcare providers explore the sale of qualifying personal injury (PI) medical accounts receivable (A/R).

Access working capital to support payroll, operating expenses, equipment, and practice growth.

SUPPORT FOR HEALTHCARE PROVIDERS

We welcome inquiries from surgery centers, hospitals, orthopedic practices, pain management clinics, rehabilitation centers, and other providers holding qualifying PI medical receivables.

California Workers’ Compensation receivables may also qualify. Contact us to confirm state and receivables eligibility.

EXPLORE YOUR FUNDING OPTIONS

Eligibility, purchase terms, fees, and funding are subject to review and the signed agreement. A $2,500 upfront membership fee applies. Payment does not guarantee funding.