Insights

Specialized Niche Focus Velocity Medical Receivables Solutions specializes exclusively in purchasing medical lien receivables from personal injury cases, positioning them as a highly targeted partner for healthcare providers and legal professionals seeking to convert long-term receivable assets into immediate cash.

High Collection Efficiency With extensive experience in the personal injury medical lien market, the company achieves some of the highest collection rates in the US, suggesting a strong capability to maximize receivable value and offer reliable cash flow solutions for healthcare providers.

Cash Flow Optimization By converting complex and delayed personal injury liens into quick liquidity, Velocity offers healthcare providers a strategic opportunity to support operational expenses, invest in growth, and reduce financial stress associated with long receivable cycles.

Risk Mitigation Advantage Partnering with Velocity eliminates collection risks linked to legal case outcomes and lengthy case durations, especially in cases that may be lost or delayed, making it an attractive option for medical practices looking to stabilize their revenue streams.

Tech-Enabled Operations Utilizing a robust tech stack, including advanced tools like MySQL and Google Analytics, the company demonstrates operational efficiency and data-driven strategies that can be leveraged to optimize receivable management and enhance client transparency and trust.

Velocity Medical Receivables Solutions Tech Stack

Velocity Medical Receivables Solutions uses 8 technology products and services including Gravatar, MySQL, Slider Revolution, and more. Explore Velocity Medical Receivables Solutions's tech stack below.

  • Gravatar
    Audio, Video, Graphics
  • MySQL
    Database
  • Slider Revolution
    Miscellaneous
  • WP Engine
    Platform As A Service
  • Bootstrap
    UI Frameworks
  • Google Analytics
    Web Analytics
  • Nginx
    Web Servers
  • OpenResty
    Web Servers

Media & News

Velocity Medical Receivables Solutions's Email Address Formats

Velocity Medical Receivables Solutions uses at least 2 format(s):
Velocity Medical Receivables Solutions Email FormatsExamplePercentage

Frequently Asked Questions

Where is Velocity Medical Receivables Solutions's headquarters located?

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Velocity Medical Receivables Solutions's main headquarters is located at 9211 Arboretum Pkwy Richmond, Virginia 23236 US. The company has employees across 1 continents, including North America.

What is Velocity Medical Receivables Solutions's phone number?

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You can contact Velocity Medical Receivables Solutions's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Velocity Medical Receivables Solutions's official website and social media links?

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Velocity Medical Receivables Solutions's official website is velocityreceivables.com and has social profiles on LinkedIn.

What is Velocity Medical Receivables Solutions's NAICS code?

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Velocity Medical Receivables Solutions's NAICS code is 52 - Finance and Insurance.

How many employees does Velocity Medical Receivables Solutions have currently?

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As of October 2020, Velocity Medical Receivables Solutions has approximately 51 employees across 1 continents, including North America. Key team members include Chief Executive Officer: A. H.Account Manager, Law Firms: M. W.. Explore Velocity Medical Receivables Solutions's employee directory with LeadIQ.

What industry does Velocity Medical Receivables Solutions belong to?

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Velocity Medical Receivables Solutions operates in the Financial Services industry.

What technology does Velocity Medical Receivables Solutions use?

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Velocity Medical Receivables Solutions's tech stack includes GravatarMySQLSlider RevolutionWP EngineBootstrapGoogle AnalyticsNginxOpenResty.

Velocity Medical Receivables Solutions

Financial ServicesVirginia, United States51-200 Employees

Whether you have a multi-million dollar portfolio or a small amount of personal injury medical liens, we can help solve your cash flow challenges. 
 
•	Laser focus - we specialize in purchasing medical lien receivables on personal injury cases, this is all we do. 
•	We have years of experience in the personal injury medical lien market - we achieve some of the highest collection rates in America.
•	Very well capitalized - we have the capital immediately available to pay you for your medical lien receivables.

We understand the financial challenges that medical providers often face while waiting for their personal injury medical liens to pay out.

With so much cash tied up in 1-3 year estimated receipts, some providers struggle with covering their routine expenses including facility maintenance, payroll and equipment leases and purchases.

Our medical receivables solutions can solve your cash flow challenges. We can turn your medical lien portfolios into immediate cash – allowing you to invest in growing your healthcare organization.

Eliminate Your Collection Risk

•	Cases take a long time to close - often years. 
Why wait years to receive payment, if there is payment at all? There is no need to wait for payment on your personal injury receivables when you align with Velocity.

•	Tracking medical liens increases overhead. 
As your patient mix gravitates more towards personal injury cases, your cost to collect will elevate proportionately. Radically reduce or totally eliminate this inherent collection cost by working with Velocity.

•	Reduction requests are common upon legal case settlement. 
Velocity has the finesse to increase your receivables while maintaining your close attorney relationships.

•	Personal injury cases are lost every day.
When your patient’s underlying personal injury legal case is lost, your LOP is worthless and you will not be paid – anything! By aligning with Velocity, you will remove this inherent collection risk.

Section iconCompany Overview

Headquarters
9211 Arboretum Pkwy Richmond, Virginia 23236 US
Phone number
NAICS Code
52 - Finance and Insurance
Employees
51-200

Section iconMedia & News

Section iconFunding & Financials

  • $1M$10M

    Velocity Medical Receivables Solutions's revenue is estimated to be in the range of $1M$10M

Section iconFunding & Financials

  • $1M$10M

    Velocity Medical Receivables Solutions's revenue is estimated to be in the range of $1M$10M

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