CaseMed Capital
Underwriting
CaseMed Capital evaluates Letter of Protection and medical lien receivable portfolios through a disciplined, portfolio-first underwriting process focused on documentation quality, case status, jurisdiction, provider mix, lien position, and expected recovery timing.
Portfolio-First Underwriting
CaseMed does not view LOP receivables as isolated files whenever a portfolio view is available. We prefer to evaluate receivables across a broader pool of claims because portfolio-level review allows risk, timing, documentation, and recovery assumptions to be analyzed with greater discipline.
Attorney Visibility
We look for clear attorney involvement, case status visibility, settlement posture, and communication pathways that support professional receivable review.
Provider Documentation
We review medical bills, LOPs, treatment records, lien records, provider details, and supporting documents tied to the receivable pool.
Recovery Path
We evaluate expected case resolution, lien collectability, settlement timing, and the factors that may affect ultimate receivable recovery.
Key Underwriting Factors
Pricing and approval are driven by the strength of the underlying portfolio. The following factors help determine whether a receivable pool fits CaseMed’s purchase criteria.
Case Type
We review the nature of the claims, including auto, premises, mass tort, surgical, diagnostic, imaging, and related lien-backed matters.
Jurisdiction
Venue, lien practices, settlement customs, claim timelines, and local recovery patterns may influence underwriting.
Lien Position
We evaluate whether the receivable is properly documented, acknowledged, and supported by enforceable lien or LOP materials.
Provider Mix
Imaging, diagnostics, surgery centers, PT/rehab, pain management, labs, and DME may each carry different timing and recovery profiles.
Documentation Quality
Strong files include clean billing records, signed LOPs, attorney acknowledgments, treatment support, and current case status detail.
Expected Duration
Receivables expected to resolve sooner may price differently than longer-duration claims with less settlement visibility.
What We Look For in a Strong Portfolio
A strong LOP receivable portfolio does not need to be perfect, but it should be organized, supportable, and capable of being reviewed at the claim and portfolio level.
| Category | Preferred Characteristics |
|---|---|
| Documentation | Signed LOPs, clean billing records, attorney acknowledgments, lien support, and organized claim files. |
| Case Visibility | Known attorney, identifiable case status, claim stage, jurisdiction, and expected settlement posture. |
| Portfolio Scale | Multiple claims across a receivable pool, allowing risk to be reviewed across a broader base. |
| Recovery Outlook | Reasonable settlement visibility, supportable lien value, and a realistic expected recovery timeline. |
Attorney-Sourced and Provider-Originated Receivables
CaseMed works with both attorneys and healthcare providers, but the underwriting focus remains the same: determine whether the receivable portfolio is documented, supportable, and suitable for structured capital.
For Attorneys
We review LOP receivable portfolios connected to active or resolving plaintiff matters, including medical lien inventories that require professional, confidential capital evaluation.
For Providers
We evaluate receivables generated by providers treating under Letters of Protection, including organized lien portfolios tied to attorney-represented claims.
Underwriting FAQs
What does CaseMed need for preliminary underwriting?
A preliminary review typically starts with a portfolio summary, billed receivable value, claim count, provider type, attorney information, jurisdiction, LOP documentation, and case status detail.
Does CaseMed prefer single claims or portfolios?
CaseMed generally prefers portfolio-level review because broader pools allow risk, timing, and recovery assumptions to be evaluated more efficiently.
Does underwriting determine pricing?
Yes. Pricing depends on underwriting factors including documentation, lien position, jurisdiction, provider mix, case type, settlement visibility, and expected resolution timing.
Does CaseMed provide consumer lawsuit advances?
No. CaseMed Capital works with attorneys, healthcare providers, and professional receivable portfolios. We do not provide consumer plaintiff cash advances.
Confidential Portfolio Review
Ready to have a portfolio reviewed?
Submit the basic receivable information and CaseMed will review whether the portfolio fits our underwriting and purchase criteria.