General
What is bridgewell?
BridgeWell is a HealthCare Receivable Factoring Company.
“Factoring” is the buying of accounts receivable at a discount. The price is discounted because the factor (who buys them) assumes the risk of collection on the accounts receivable. Black’s Law Dictionary, Eighth Edition, 2004.
Factoring is not a loan.
The three parties directly involved in a typical factoring arrangement are: the owner of the account receivable, the debtor on the account receivable (usually the customer of the owner), and the buyer of the account receivable (also known as “the factor”). The receivable is associated with the debtor’s liability to pay money owed to the owner of the account receivable (usually for work performed or goods sold). The owner sells one or more of its invoices (the receivables) at a discount to the factor in order to obtain cash. The sale of the receivable transfers ownership of the receivable to the factor, and the factor obtains all of the rights associated with the receivable, including the right to receive the payments owed by the debtor for the invoice amount.
Who is eligible for BridgeWell?
You are eligible for BridgeWell’s program, if you are injured in an accident and you are not at fault for the accident.
Who uses BridgeWell?
People who use BridgeWell as those who either don’t have health insurance or who have health insurance but can’t afford their high deductibles due to economic circumstances.
I can’t afford medical care. How do I get treatment?
In order to arrange for your medical treatment, we will have you complete and sign our patient application. Completion of the application creates an arrangement between you and BridgeWell in the form of a medical lien.
How do I apply for BridgeWell?
Contact us today by calling our office or completing our online form. A patient coordinator will follow up with you regarding your accident and schedule a time to meet with you to complete our quick and easy application. Once your application has been evaluated and approved, our patient coordinator and case managers will begin working with you to assist you in getting the medical care you need.
How long does the application process take?
It takes us 24 hours to underwrite and evaluate your account once your application packet is completed and submitted to us. It is important to include all of the information we request to speed up the process. Additional information that can assist us in evaluating your account quicker is a copy of the police report and liable party insurance information. If you don’t have access to a police report or liable party insurance information, BridgeWell can assist you in acquiring both. Once approved, you can be scheduled immediately for the healthcare service you need.
I’ve already been treated by a healthcare provider. Does that affect my acceptance into the BridgeWell program?
Patients can apply for the BridgeWell program at anytime. If you’ve been seen by a healthcare provider prior to applying for the BridgeWell program, just inform our patient coordinator. It’s important to us that we keep you on track with your medical care, so we will give every effort that we can to work with your existing doctor (s). Once approved for the BridgeWell program, you will also have access to our extensive network of providers all of which are committed to assisting you in your recovery.
Will I be responsible for any out of pocket costs, additional fees, or interest?
There are no out of pocket costs, additional fees, or interest. Once approved for the program, BridgeWell will settle with the at fault insurance carrier for the expenses that you incurred while in the BridgeWell program.
I can’t afford medical care. How do I get treatment?
In order to arrange for your medical treatment, we will have you complete and sign our patient application. Completion of the application creates an arrangement between you and BridgeWell in the form of a medical lien.
What is a medical lien?
A medical lien is an arrangement to wait for payment until your case can reach a settlement, judgment, or other resolution. BridgeWell lien agreement allows the patient to obtain the treatment they need without incurring any out of pocket costs.
Does a medical lien mean you lien my property or my income?
Absolutely not. A medical lien means that we have a lien on your settlement only. Part of the settlement of your case will go toward the medical care that BridgeWell paid.
Who pays for the healthcare treatment I receive through BridgeWell?
The at-fault insurance carrier should pay for the amount of the BridgeWell lien as a part of your personal injury settlement.
What happens if my case doesn’t settle or loses?
We work with patients to make realistic, nominal payments on a monthly basis to pay back the balance.
Is BridgeWell affiliated with any doctors, medical facilities, or personal injury attorneys?
BridgeWell is completely independent of any and all doctors, medical facilities, and personal injury attorneys. It’s important that BridgeWell is independent. By remaining so, the patient and doctor remain in control of determining the patient’s medical care.
Medical Providers
Can I refer patients to BridgeWell for additional healthcare services?
Yes, you may refer patients to BridgeWell so they may receive needed healthcare treatment. Contact us directly by phone or email. Our office staff can take the referral information over the phone or assist you in completing our quick and easy one-page patient referral form. You may Submit a Patient Referral.
I typically don’t treat patients without health insurance. How can I use BridgeWell’s program to avoid turning those patients away?
If you are ever contacted or visited by a patient who doesn’t have health insurance, you can complete our patient referral form and send to us for review. We can quickly determine whether or not the patient is eligible for our program. Once evaluated, we will contact you office directly and let you know whether or not we can accept the patient in our program and pay for the medical care you provide to them.
How much paperwork is involved when treating BridgeWell patients?
The BridgeWell system is straight-forward and easy to use.
BridgeWell Patient Referrals
When we have patient referrals for your practice, we will contact you with an approval and authorization form. This approval and authorization details the patient information and treatment required. Your signature and return of the approval and authorization to our office, confirms that you will treat the patient and that BridgeWell will reimburse you for the treatment.
Patient Referrals to BridgeWell
When you have patient referrals for BridgeWell, you will complete our one-page patient referral form and send to us. Upon review, we will submit to you an approval and authorization form.
Do I have to sign a contract with BridgeWell?
Our medical providers don’t sign contracts, but rather agreements. The agreement details how we will work with each other, if and when we do. BridgeWell, unlike some of our competitors, doesn’t believe in forcing the medical provider to sign an exclusive contract. Due to our exceptional customer care and easy to use system, we have learned that our providers prefer to use BridgeWell.
How do I get paid for treating BridgeWell patients?
After you have treated a patient, simply have your billing office submit the bill and notes to us. When your bill is received in our office, will process a check the same day. Due to unforeseen technical issues or delays, we will pay you within 5 days of receipt.
What types of healthcare providers work with BridgeWell?
- Acupuncture
- Ambulatory Surgery Center
- Anesthesia
- Chiropractic
- Cognitive Therapy
- Dental
- Diagnostic Testing
- Ear Nose and Throat
- Elbow Surgery
- Emergency Medical
- Foot Injuries
- General Practitioner
- General Surgeon
- Hand Surgery
- Head Injury Consult and Treatment
- Hospital
- Knee Surgery
- Massage Therapy
- Neurological Consult and Treatment
- Neuropsychology
- Neuromonitoring
- Optometry
- Orthodontics
- Orthopedic Specialists
- Orthotics
- Osteopath
- Pain Management
- Pediatric Therapy
- Psychology
- Physical Therapy
- Rehabilitation Hospital
- Shoulder Surgery
- Spinal Consult and Treatment
- Surgical Assisting
- TMJ Consult and Treatment
- Urgent Care
Attorneys
I have a client who was injured in an auto accident, how fast can I get him medical care?
BridgeWell has case managers dedicated to reviewing client applications in order to get them approved for medical treatment within 24 to 48 hours. Contact our office today for a patient application packet in order to get your client the treatment they need, immediately.
How can I receive client referrals from BridgeWell?
Call BridgeWell today and learn how you can become a preferred BridgeWell attorney and start receiving client referrals immediately.