What is medical lien financing?

If you're a doctor or medical provider you might have heard the term 'medical lien' before but what does it really mean? A medical lien is a demand for repayment that can be placed against a patient's personal injury case. When personal injury lawsuits are filed, the amount of money you have spent and could spend on your treatment is always taken into account.

1. A lien is a legal right to a portion of an asset. When physicians provide services to treat patients on a lien, it means the patient immediately receives treatment, and payment of the bill is deferred.

2. The treating physician then waits to be paid until the personal injury claim is settled or resolved.

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