LNC is a reliable resource that knows how health plans think and where they will cooperate
Philadelphia, PA (PRWEB) March 10, 2010
Lien Negotiation Counsel (LNC), a division of Strategic Recovery Partnership Inc., today announced an effective healthcare lien management and negotiation service to help personal injury attorneys and their clients minimize, and in some cases eliminate, lien reimbursement.
The reimbursement expectations of Healthcare Plans continue to increase and other subtle trends are occurring--like hospitals and physicians asserting liens against settlements rather than submitting bills through health insurance. The adversarial nature of the lien process has forced personal injury attorneys to spend excessive hours negotiating with a lien holder rather than maintaining focus on the underlying tort case.
As a division of Strategic Recovery Partnership (SRP), a healthcare subrogation firm, LNC brings unique perspectives to lien resolution as the only legal counsel to have worked on the other side. For nearly two decades, SRP has represented health plans mainly through third-party administrators (TPAs) and has recovered on behalf of Carriers, HMOs, Stop Loss plans, Medicare/Medicaid plans, and self-funded Employee Retirement Income Security Act (ERISA) plans.
LNC facilitates the entire lien process, from initial contact with the injured party's health plan to final negotiation of the lien. Services for personal injury attorneys include:
- All contact with the health plan or their legal representative and stop-loss carrier, if applicable, including obtaining lien updates and answering plan-status requests.
- A thorough review of all plan documentation, including the IRS form 5500, an assessment of the plan's legal position, and strategy for ultimate resolution.
- Front-line negotiation of the lien with the health plan or their subrogation vendor, and obtaining a final Release, as authorized by the personal injury attorney and their client.
"LNC is a reliable resource that knows how health plans think and where they will cooperate," said Robert A. Marcino, Esq., principal and co-founder of Lien Negotiation Counsel. "We not only help personal injury attorneys lower the lien, we also help them strengthen their practice by delivering valuable time savings."
About Lien Negotiation Counsel
Lien Negotiation Counsel (LNC) provides an effective lien management and negotiation service to personal injury attorneys, enabling them to best serve their clients and level the playing field with lien holders. By taking over the time-consuming tasks of dealing with the lien, including negotiating the cases that turn adversarial, LNC helps personal injury attorneys and their clients achieve lower lien reimbursement. LNC is a division of Strategic Recovery Partnership Inc., a healthcare subrogation firm, and is headquartered in Willow Grove, Pennsylvania, serving personal injury attorneys nationwide. For more information, visit http://www.liennegotiation.com.