$88mm Medical Settlement Portfolio
$88mm medical surgery center personal injury claims
All claims have Letter of Protection in place
80-90% auto (MVA); 10-20% slip and fall (Premises advanced at 50% of MVA rates)
Seller is current servicer (winning bidder can stay with current servicer or take over servicing rights)
Bid floor is $19mm (21.5% of Unresolved Receivable)
Must execute NDA and Conf. Agreement compliant with Health Insurance Portability and Accountability Act of 1996 and Enforcement Rules at 45 CFR Part 160 and Part 164 prior to receiving due diligence data
Proof of closing funds due after NDA execution
Forward flow (right of first refusal) on a monthly flow of approx $8 to $10mm (contract available to winning bidder)
Bidder sign up cutoff Monday 11/18/2019 at 4 PM EST
Bids due Thursday 11/21/2019 by 4 PM EST
Contact us for registration information