Transforming Risk Assessment and Deal Flow Through a Compliance-Driven Financial Engine
1. The Challenge: The Black Box of Plaintiff Risk
As a pre-settlement funder, your success is determined by your ability to accurately assess the risk of a case and the likelihood of a successful outcome. However, the most critical variable—the plaintiff’s own commitment to their case—has always been a “black box.”
This lack of visibility creates two core business challenges:
- Subjective Underwriting: You rely on case documents and attorney opinions, but you have no real-time, objective data on the plaintiff’s day-to-day adherence to their medical treatment, which is the foundation of the case’s value.
- High Cost of Acquisition & Operations: Sourcing new cases is expensive, and the operational cost of underwriting every small advance request limits the speed and efficiency at which you can deploy capital.
2. The Solution: Automated Underwriting for Instant Advances
CareAdvocate is a technology platform that solves these challenges by turning compliance data into a trusted, automated underwriting tool.
Our model is a simple, powerful loop:
- Patient Engagement: Plaintiffs use our mobile app to complete daily check-ins on their recovery and verify their attendance at medical appointments.
- Value Accumulation: For every compliant action, the plaintiff earns points that have a direct cash value (e.g., 1 point = $1). This balance, representing their potential pre-settlement advance, grows with their adherence.
- Instant, Pre-Approved Redemption: The plaintiff can “cash out” their earned balance at any time, up to a platform-standard cap of $2,500. Because this advance is backed by a proven track record of compliance data, it can be funded instantly without the need for additional underwriting from your team.
3. The Value Proposition for Your Business
CareAdvocate is not just a deal-sourcing tool; it is a comprehensive risk management and capital deployment engine designed to increase your efficiency and profitability.
A. Automate Your Small-Dollar Underwriting The platform’s real-time “Compliance Score” and verified data history serve as the underwriting for all advances up to the $2,500 cap. This allows you to confidently and instantly approve these small-dollar advances, eliminating the operational drag on your team. You can focus your expert underwriters on what they do best: analyzing the large, complex funding requests.
B. Create a High-Volume, Pre-Approved Deal Flow Instead of chasing individual cases, you gain access to a pipeline of plaintiffs who are not just pre-vetted, but effectively pre-approved for funding up to $2,500. The CareAdvocate platform becomes your exclusive channel for originating these de-risked funding opportunities, dramatically reducing your cost of acquisition and increasing the velocity of your capital deployment.
C. Funnel and Qualify Large Advance Requests When a highly compliant patient needs more than the $2,500 platform limit, they can submit a request for additional funding directly through the app. This request is passed to your team along with the patient’s complete compliance history, providing you with a warm, data-rich lead for a larger, traditionally underwritten advance.
D. Gain Unprecedented Portfolio Insight Our professional web dashboard gives you a real-time view of your entire portfolio’s health. AI-powered alerts flag potential issues—such as a patient reporting that their treatment isn’t working—allowing you to intervene proactively to protect the case value and, by extension, your investment.
4. The Partnership Model
We are seeking to partner with forward-thinking funders who want to gain a significant competitive advantage. Our business model is built for alignment:
- Minimal Upfront Costs The platform is integrated into your workflow at no cost other than any internal changes your company would make.
- Transaction-Based Fees: Our revenue is generated via a small, pre-determined fee as a percentage of each advance that is originated and successfully funded through the platform. We only succeed when you successfully deploy capital.
By partnering with CareAdvocate, you are not just adopting a new technology; you are investing in a new, more intelligent way to fund personal injury cases.