Innovative Healthcare Financing Group Executes Binding Letter of Intent For Purchase of Medical Lien A/R Portfolio

Houston, TX – Innovative Healthcare Financing Group, LLC announces it has executed a binding Letter of Intent to purchase a six figure portfolio of medical lien accounts from a provider in Houston, Texas.

"We continue to see an increase in requests for this service as providers realize the benefits of liquidating their medical lien and letter of protection accounts," said Michael Bumann, Chief Executive Officer.  "With the decrease in reimbursements across all payer groups and the negative conditions in the overall economy, providers and facilities welcome this additional revenue source."

About Innovative Healthcare Financing Group, LLC:
Innovative Healthcare Financing Group, LLC specializes in the non-recourse purchase of personal injury related medical accounts receivable.  Medical lien and letter of protection accounts are purchased from hospitals, providers and facilities nationwide.

To learn more about Innovative Healthcare Financing Group you can visit their website at: www.InnovativeHealthcareFinancing.com ; or by phone at 303.834.1155 and toll free at: 888.471.7111.