Innovative Healthcare Financing Group Announces Purchase of a Medical Lien / Letter of Protection Medical A/R Portfolio

Denver, CO, October 09, 2009 --(PR.com)-- Innovative Healthcare Financing Group, LLC, a Colorado plaintiff’s personal injury financial services firm, announces the recent purchase of a Medical Lien / Letter of Protection accounts receivable (A/R) portfolio from a medical facility in Texas.

“With the need for liquidity in the healthcare space, our 'AR Purchase Program' has become a very popular choice for medical providers and facilities interested in convert their existing Medical Lien or Letter of Protection accounts into cash.” explains Innovative Healthcare Financing Group’s CEO, Michael Bumann. “Our clients appreciate this opportunity to grow their practices, and increase their cash flow, without incurring any debt or passing any additional cost on to their patients.”

Innovative’s short screening process is usually completed within one week. For those personal injury medical receivables that qualify, an immediate, no risk payment is made to the facility or provider. All collection and communication functions related to the accounts purchased are also transferred with the purchase.

Medical accounts receivable accounts are purchased in Colorado, Texas, Florida, California, Arizona, and nationwide.

About Innovative Healthcare Financing Group:

Innovative Healthcare Financing Group, LLC is a plaintiff’s personal injury financial services firm that provides financing for victims of motor vehicle accidents and other personal injury claims to receive their medical care. Innovative also finances a full-range of related litigation services such as life care planning, vocational rehabilitation, economic damage experts, and mock trials.

Innovative Healthcare Financing Group can be reached at: www.InnovativeHealthcareFinancing.com; or: 303-834-1155 and toll free: 888-478-7111, for more information.

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