We trust our doctors to provide the best care possible, but even medical professionals can make mistakes. Healthcare providers can also willfully act negligently, sometimes leaving their patients in worse condition than when they began treatment.
Common Medical Malpractice claims include wrongful death, surgical errors, wrong-site surgeries, birth injuries, medication errors, misdiagnoses, and emergency room errors. According to news reports, medical errors are the leading cause of accidental death in the United States, exceeding all other types combined. In addition, the annual costs of Medical Malpractice are extreme, with medication errors alone[1] costing as much as $40 billion each year.
What is Medical Malpractice and How Does it Happen?
The National Institute of Health[2] provides a wealth of information to assist in navigating the legal landscape of a Medical Malpractice lawsuit. While each jurisdiction in the U.S. varies, injured patients are generally expected to prove each of the following in order to be successful:
- A professional duty of care owed to the patient by the health provider that caused the injury. This means that the practitioner or organization responsible for the Medical Malpractice had the patient under their care.
- A breach of that professional duty. The provider failed to offer care that is standard and within their scope of practice.
- An injury caused directly by the health care provider’s breach of their duty of care. Medical Malpractice doesn’t usually cover an accident that didn’t cause a lingering problem. You’ll need to prove that you sustained an injury directly due to a failure on the part of the provider.
- Proven damages related to the provider-caused injury. In addition to the injury, you’ll need to document financial losses related to the injury.
How Do You Know If You Have a Medical Malpractice Case?
There is a wide range of cases that may qualify as Medical Malpractice. Some other common examples of Medical Malpractice cases include, but are not limited to:
- Birth injuries and defects
- Failure to diagnose
- Misdiagnosis of illness
- Emergency room errors
- Surgical mistakes
- Medication errors
- Anesthesia errors
- Dental Malpractice
- Psychiatric Malpractice
- Hospital staff negligence
- Nursing home abuse
- Wrongful death
Medical Malpractice lawsuit cases are among the most terrifying cases to deal with. Not only have victims lost their faith in the medical community, but they must often undergo additional treatment to correct errors, often with the cost falling on them. If you’ve been the victim of Medical Malpractice, you face a long fight. Pursuing your claim will prove costly and time-consuming. Many states cap Medical Malpractice damages[3], further complicating your fight for justice.
If you’re fighting for compensation for your injuries while also undergoing additional treatment, you may need financial support to keep your case going. We can help you focus on what’s important – your health – while your lawyer fights for a fair settlement in your Medical Malpractice lawsuit. If you suffered Medical Malpractice and need financial support now, we can help. If your case qualifies, we offer pre-settlement funding. We purchase a portion of the proceeds of the anticipated court judgment or settlement for some cash now. You don’t have to pay us if you don’t win your case.
How Can Pre Settlement Funding Help in a Medical Malpractice Case?
Pre-settlement funding is a non-recourse cash advance option that you sell. When you opt for this funding and find an approved funder, you sell a portion of your eventual settlement. If there’s no settlement, you don’t have to pay anything.
A Medical Malpractice lawsuit can be lengthy and leave you with limited financial resources. You may no longer be able to work following an injury, or you may have protracted recovery times that create an instant and ongoing financial burden. Pre-settlement funding allows you to avoid going deeper into debt while waiting for your Malpractice lawsuit settlement.
You can use Medical Malpractice litigation financing for all your personal needs. That means you can pay monthly bills, keep your mortgage in good standing, and pay for any ongoing healthcare expenses, all without reporting on your spending.
Benefits of Medical Malpractice Lawsuit Pre Settlement Funding
No matter what type of Medical Malpractice lawsuit you have pending, there are many benefits. Families facing the challenges of an infant with birth injuries may need substantial time off to handle medical visits, along with the costs of high medical bills and specialized therapies. When already stressed dealing with the results of a birth injury, adding financial woes can be traumatic for many parents.
With Medical Malpractice lawsuit pre-settlement funding, the stress doesn’t disappear, but it’s not magnified by struggling to pay the bills.
How long does it take for you to get approved for pre-settlement funding for your lawsuit related to Medical Malpractice injuries?
Approval times vary, often depending on where you are in the legal process. Those with a strong case that is already filed and represented by a lawyer are ready to apply. At USClaims, once you are approved and we receive a fully executed contract, funding is typically available within 24 business-day hours.
We make the process as quick and easy as possible, eliminating the need for credit checks or employment verification. Since we get paid when your lawsuit settles, we only evaluate the merits of your case. Look at our blog post about speedy applications to learn more about how quickly you can expect money in your pocket.
How Much Money Can You Get Through Pre-Settlement Funding for your Medical Malpractice Lawsuit?
US Claims provides a pre-settlement cash advance of up to 10% of the expected settlement. If we expect your final settlement to hit $250,000, we could provide as much as $25,000 upfront. We limit the amount of funding to avoid leaving you with little to nothing after paying for the litigation.
You shouldn’t suffer financially after a Malpractice injury. Call us today at 1-877-USCLAIMS to learn more and start the application process.
FAQs
What can you do with your Medical Malpractice pre-settlement funding?
The simple answer to this question is — for any personal need you may have. Tuition, credit card bills, rent, and other monthly expenses are all OK when it comes to your pre-settlement funding.
How does the process of paying back Medical Malpractice settlement funding work, and what are the repayment terms and conditions?
When your case settles and the defendant pays off the settlement, the money goes directly to your attorney. They handle the payment to our company, so the check you get from your lawyer is yours to keep.
Sources
- Jacobson, Anne. “Medication errors statistics 2023.” SingleCare, https://www.singlecare.com/blog/news/medication-errors-statistics/. Accessed 6 July 2023.
- “An Introduction to Medical Malpractice in the United States.” NCBI, https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2628513/. Accessed 6 July 2023.
- Goguen, David. “Medical Malpractice Damages Caps in Your State.” Nolo, https://www.nolo.com/legal-encyclopedia/state-state-medical-malpractice-damages-caps.html. Accessed 6 July 2023.