Pre-Settlement Funding: Defective Medical Device Lawsuit
Modern medicine is truly remarkable, and with continuously evolving technology and changes in the industry, there have been more and more solutions for a variety of ailments and conditions. Many of these conditions are being treated with medical devices, which are designed to drastically improve (or even completely heal) a particular condition. Patients often turn to these medical devices as a way to deal with chronic pain and hopefully, improve their quality of life. Sadly, many medical devices on the market have proven to be defective, leaving some patients with more issues and pain than they had before the medical device was put in.
Some examples of medical devices that have proven to be defective include:
- Hernia Mesj Recall
- IVC Filter Lawsuit
- Power Morcellator Lawsuit
- Spinal cord stimulators, which according to AARP, account for the third-highest number of medical device injury reports
- Metal hip replacements, which have caused harm to tens of thousands, as well as DePuy hip implants
- IVC blood clot filters, which have caused serious injuries and deaths
- Transvaginal mesh, which has been used to treat various medical problems, but can result in organ perforation, mesh erosion and severe pain
- Surgical errors from the da Vinci Surgical System, which helps surgeons with hard-to-reach and difficult areas
- Pacemakers, which may have failed to maintain a heart’s correct rhythm
These are just some examples of the many different types of medical device defects. Devastating injuries don’t always result from medical device implants and surgeries, either. Many defective medical device cases have involved things that people use on a daily basis, such as insulin pumps. Whenever these devices do prove to be defective and cause harm to the user, the injured individual may pursue monetary compensation in a product liability lawsuit.
Sustaining an injury due to a defective medical device can be a painful ordeal, and in some cases, may permanently affect a person’s health. The removal of the defective medical device may not always correct the problem, and even in the best case scenario, that individual still went through the pain and trauma of a medical device injury. Waiting for a case like this to settle can be unnerving, but receiving money faster through a lawsuit advance can help. At USClaims, we offer pre-settlement funding, if a case is qualified for pre-settlement funding then we would purchase a portion of the proceeds of the anticipated court judgment or settlement for some cash now.