Medical cost containment, NY Times shines light on medical billing issues

In a recent New York Times article, it was pointed out that recent surveys and analysis of hospital date indicates that there are huge cost and billing differences between hospitals on what are essentially the same services. What accounts for these often times 400% differences in medical billing for services and what is the impact for trial lawyers looking to resolve medical liens and payments for their claimants? 

Arthur Chapman, a member of the Structured Settlement Expert Directory and the listed expert for Mississippi and Tennessee, is also one of the principals of Cost Containment Express, a Memphis, TN based firm that specializes in individual medical bill negotiation with hospitals, medical providers and others who bill on casualty injury claims. His firm, which works in lien resolution for lawyers, is unique in it's individual approach on each case and claim. He joins Scott Drake of to look at the findings of the NY Times article, what lawyers and others can learn from these statistics and how consumers, lawyers and others can be better prepared for negotiations on medical bill payment issues. 

The issue of lien resolution, cost containment and negotiation of medical costs is a hot topic in legal and settlement circles and this recent disclosure of what was widely suspected, that costs can have huge differences between providers, is one more bit of evidence that professional lien administrators must be part of every law firms team.

Arthur Chapman of Cornerstone Settlements discusses the impact of Medicare and Medicaid issues in settlement planning

In this video interview on Speaking of Settlements, the weekly show dedicated to profiling topics of interest to structured settlement professionals nationally, we are joined by Arthur Chapman of Cornerstone Settlement Services to discuss his firm and the issue of MSA accounts, Medicaid and Medicare planning in settlement negotiations and plans.

Few areas impact settlement planning and settlement negotiations more profoundly than governmental benefits, medical liens and future medical care planning. In most settlements you find injured parties who are impacted in some fashion by these state and federal medical programs and knowledge of how they can help or hinder planning.

Arthur is based out of Memphis, TN and is the listed expert for structured settlement planning and structured settlement annuity work in that state and region. As this video illustrates, if you are looking for a top structured settlement expert in the state of Tennessee or Memphis region, Cornerstone Settlements and Arthur Chapman would be the firm to call. Please check out his profile on The Structured Settlement Expert Directory if you are in TN and are looking for assistance on your structured settlement questions.