Medical malpractice pre-settlement funding assistance.

While we depend on medical professionals to cure us and save us, they often fail to deliver the treatment we anticipate and deserve. If you’re considering lawsuit funding from potential medical malpractice claim proceeds, contact us today. Baker Street Funding provides lawsuit loans to personal injury med malpractice plaintiffs across the United States. All plaintiffs seeking damages from doctors, surgeons, medical representatives, hospitals, and other healthcare firms may qualify for a medical malpractice loan. Financing a personal injury case for any medical negligence lawsuit helps plaintiffs borrow money against a pending or already settled claim. For further details on how you might benefit from pre-settlement funding for medical malpractice claims, you can reach us by calling at 888-711-3599 or sending us an email today at info@bakerstreetfunding.com

Medical malpractice lawsuit funding is an investment in the outcome of your lawsuit. We are advancing you money because we think your case is strong enough to win and pay us back.

How medical malpractice lawsuit loans can help.

Apart from generally being a reliable and secure source of finance, legal funding (lawsuit loans) can prove to be the ideal financial assistance, especially for medical malpractice victims seeking compensation. Pre-settlement legal funding for negligence lawsuits enable plaintiffs to get immediate cash towards their settlement likely to be received in the future. It is easier for insurance companies and hospitals to manipulate those plaintiffs who do not seek legal funding to submit before their terms of a settlement. They may compel them to agree upon a much lower settlement amount than what they truly deserve through manipulation and delaying tactics. Securing yourself adequate protection under the cover of legal funding helps you balance your position with them and avoid exploitation from hospitals & insurance companies since any delays in the process of litigation do not affect your strength at all. Legal funding empowers plaintiffs with enough perseverance to avoid the cash-flow pressures likely to be imposed upon them due to their litigation.

To apply, simply provide the details of your case and your attorney’s contact information, and our team will speak to you shortly for further qualification. Once approved, your funds are deliverable almost immediately, and your attorney repays the advance when your settlement award arrives.

How does it work?

See the advantages.

Need an immediate loan for your injury caused by the negligence of a medical professional? Then, you’ve come to the right spot. While your chances for a favorable decision on your claim for personal injury may be great, the process will still take time, and your bills and other financial obligations will continue to stream.You can get thousands of dollars in advance of the settlement, depending on the case and the expected compensation amount.

Take care of your expenses

Obtaining legal funding is specifically beneficial to victims of medical malpractice because plaintiffs need not to squander their savings or incomes upon legal costs and expenses, which will now be taken care of by the lawsuit financing company.

Get better medical assistance

Victims can spend their funds to obtain quality medical assistance to treat the injuries suffered out of negligence or use this money to put food on the table for their family, which litigants of prolonged lawsuits often struggle to ensure.

Settle your case for a higher amount

Ultimately, medical malpractice legal funding can help you settle for more because you'll have the necessary funds to take care of your instead of accepting a low valued settlement offer.

Medical negligence lawsuit funding has no risk.

Medical malpractice settlement advances are non-recourse financing agreements. Unlike conventional loans, medical negligence lawsuit funding does not need to be paid back at all if the plaintiff loses their lawsuit. The financing company providing you funding waits until the medical negligence case concludes either in an award of damages, compensation, or a settlement. Out of the funds awarded to the plaintiff either through the court’s order or offered in a settlement, the funding company takes its fair share of the amount that it had lent to the plaintiff and may also charge a nominal fee for its financial services. However, cases that end up without an award of compensation or any settlement agreed upon at all, the victim, who may already be suffering from crippling stress and anxiety due to physical impairment or ailment, need not worry about the legal funding company’s repayment. Here finds the reasoning in the very nature of legal funding, whereby the plaintiff owes nothing to the financing company in the face of an adverse outcome.

Legal funding is not the same as loans, which means that medical negligence victims do not add to their existing debts while seeking funding for their cases. Hence, there stand no risk of impacts upon the credit report or ratings of the plaintiffs. This keeps opportunities to obtain emergency loans in the future open for the victims, who may be at greater vulnerability to financial hardships due to their physical impairments.

Medical malpractice facts and statistics.

Injured malpractice plaintiffs and lawsuits.

Thousands of patients are left injured each year at the hands of the very medical practitioners they trusted. When you are involved in medical malpractice litigation, you may have to wait a long time to see a settlement on your claim. Because attorneys working for big insurers get paid to keep complaints to a minimum, being injured is only the beginning of a long process for medical malpractice lawsuits. The long and arduous wait to receive fair compensation for your injury can become a personal financial struggle.

Types of medical malpractice cases.

Medical Malpractice can come in different types. Nevertheless, most of the mistakes can be traced back to improper communication, lack of protocol, or inexperience. Some errors are more costly than others. The effects of the resulting injuries are long-term. Some of the medical malpractice cases we're funding include:

•Wrong Diagnosis. When a doctor neglects to conduct a proper exam and ignores key symptoms or signs, they risk misdiagnosing a patient. In certain cases, they can fail to make a diagnosis entirely.

•Surgery Errors. There are often certain risks associated with operations, but acts such as failing to track the patient correctly or leaving medical equipment inside the patient can cause serious injury.

•Mistakes in Anesthesia. The anesthesiologist has a critical job when a person has to undergo an anesthetic procedure. Too little anesthesia could lead to unnecessary pain or complications, while too much could damage the brain or even death.

•Wrong Medications. The patient's care team needs to ensure that the correct dosages of medications are provided. When a patient has a serious reaction that has been entirely avoidable, someone should be held accountable.

•Faulty Medical Devices. Companies producing medical devices are supposed to ensure that their products are safe for use by patients. Unfortunately, inadequate testing or cutting corners to save money may lead to the distribution of dangerous devices that may harm patients.

The medical malpractice case list mentioned above is not a full list of types of litigation claims for such, but an overview of some of the more popular forms of lawsuits involving medical negligence.

Medical negligence in the United States.

Medical negligence is quite ordinary in hospitals, clinics, and other institutes in the healthcare sector. Doctors and medical practitioners' are often found guilty of professional misconduct to the eventual detriment of the patients they treat. Whether mistaken or deliberate, such misconduct is found to put patients into unforeseen and deadly medical conditions. Many times, these conditions are much worse than the state in which they were initially brought for treatment. Medical negligence stands as a cause of significant deaths in the United States, reportedly being a reason behind a massive figure of 98,000 deaths annually. Even where the outcome is not deadly, medical misconduct often results in permanent impairment and disability, leading to devastating consequences for the victims and their families.

How much are they worth?

According to LeverageRx, in 2018, around $4,031,987,700 has been paid to plaintiffs of medical malpractice lawsuits. The figure reflects an improvement of 2.91 percent from the 2017 preceding year. New York, Pennsylvania, Florida, California, and New Jersey are in the top 5. When dealing with the ramifications of negligence by a doctor or hospital and have decided to take legal action against the responsible individual or entity, receiving funding from your case may help you cover the costs now rather than waiting for compensation over a lengthy court phase.

Average settlement in the U.S.

The average time to settle a medical malpractice claim is 19 months, and cases that go to trial typically take around 43 months when the verdict is in favor of the plaintiff. That amount of time is too long for people whose lives have been disrupted by medical errors and injuries. Studies from the U.S. Department of Health and Human Services and the Agency for Healthcare Research and Quality said in the year 2011 that 1% of the victims die in the USA per year, meaning that from the 35 million plaintiffs need medical treatment each year, we are looking at approximately 400,000 yearly deaths from doctor errors in the United States. One study found that severe, non-fatal, harm was up to 20 times as common. Between the years 2006 to 2016, over 140,000 payments were made for medical malpractice rand over 400,000 adverser actions were the result of such in which over 60,000 doctors reinstated. In California, Texas, Florida, and New York, with a population of over 107 million people alone were the states with the highest incidents.

Common examples of medical negligence.

Cases of medical negligence also form a substantial part of all claims brought before the courts, initiated by the claimants who have suffered at the hands of negligent medical practitioners and hospitals in the US. The most common examples of medical negligence involve misdiagnosis of illnesses, prescribing incorrect medications, surgery mistakes, childbirth negligence, and misconduct in anesthesia administration. Victims have also been seen suffering due to emergency room errors and psychiatric and nursing malpractice.

Cunning tactics of hospitals & practitioners to tackle medical negligence lawsuits.

Unfortunately, with the increasing inflow of cases filed by victims of medical negligence, big hospitals, healthcare providers, and independent practitioners, too, have secured strong legal support from defense attorneys and developed smart strategies to tackle cases of negligence routinely brought against them. They invest heavily in obtaining legal protection and insurance against such claims. As a result, bringing in successful claims against negligence has now become more challenging than ever. Medical practitioners and insurance companies have realized the pressure created by cash-flow problems and the absence of financial assistance upon the plaintiffs. They have thus adopted the strategy of unnecessarily prolonging medical malpractice lawsuits, which allows them to frustrate the plaintiffs lacking any sort of legal support available to them, and compel them to withdraw the case or submit to their terms in the end. Knowing your desperate circumstances, insurance companies will impose on you to agree over a lesser settlement amount for a speedy payout. Plaintiffs tied under mounds of debts or expenses would reluctantly accept to avoid getting knees deep into debts.

What can medical negligence plaintiffs do?

In such a prevailing situation, plaintiffs are in dire need of financial backing to sponsor their case. Plaintiffs can either go for legal expenses insurance or state-funded legal aid available exclusively in childbirth negligence cases. They can even benefit immensely from private medical negligence pre-settlement legal funding programs open to the public at large.