REDONDO BEACH, Calif., Aug. 11, 2015 /PRNewswire/ -- Once you've personally experienced the challenges of the negative aspects of the payment system in the healthcare arena, it's hard to look the other way. An experience with his wife's payment process resulted in former founder of National Health Quest (NHQ) whose company was acquired by Mitchell International, Inc. in 2012 to create another business, Ultimate Settlements, Inc.
J.L. (Jim) Fersch Jr. recently founded Ultimate Settlements, Inc., known as US™, a California and Texas based corporation to provide prompt bill negotiation services and alternative networks to providers, hospitals, doctors, patients, employers, and insurance carriers on a national level.
US™ is known for providing powerful, seamless, non-confrontational, honest and fair negotiations. And, not just negotiations, but resolutions for the benefit of all without risking our unsurpassed customer service.
Fersch says the secret to their success is in the power of strategy based upon more than two decades of proven results. We believe we can help you get paid faster through the "Power of US™ Networks" without conflicts or litigation.
According to Health Affairs, published in July 2015, health spending is expected to increase and the health share of US gross domestic product is projected to rise from 17.4 percent in 2013 to 19.6 percent in 2024.
So Fersch has built Ultimate Settlements, Inc. with the goal of saving lives and saving money by meeting the demands of today as well as the future. US™ has a driving vision to simplify the current payment systems in a very complex healthcare industry in order to transform Health and Healthcare, while bringing back honor, thus having an impact in the healthcare cost containment arena for insurance carriers, providers and patients across the country. Jim believes all three must work congruently to reach the ultimate goal of settlement with US™ as the catalyst.
US™ is built on more than a quarter of a century of extremely successful experience and proven achievements in a very competitive healthcare cost containment arena. The goal of the company is to deliver organized, established, and poised settlements to make a major impact on everyone's bottom line. It's based on the premise that all the people involved in the process deserve to be treated with integrity, paid quickly, and treated fairly.
According to Fersch, "US™ has a foundation built and will continue to build on a state of the art technology system and a business model that is on the cutting edge. We are partnering with various renowned local and national vendors to create an infrastructure that is performance driven, easy to navigate and yield results." For more information on how Ultimate Settlements Inc. can simplify the payment process, visit their website at http://ultimatesettlements.com/ or call 855.871.1787.
ABOUT THE FOUNDER & CEO J.L. (Jim) Fersch, Jr.
Jim previously led National Health Quest (NHQ) for 23 years from conception until acquisition by Mitchell International, Inc. in 2012. He pioneered and developed the organization from the ground up to become a national best-in-class provider of Workers' Compensation and Auto negotiated out-of-network services. NHQ was the first of its kind and paved the way for others to follow, thus offering an alternative to PPO and HMO Networks as well as the bills that fall outside these networks.
After selling his company in 2012 Jim decided to retire and enjoy the fruits of his labor. However, in March of 2014 his family experienced a life-altering event that would have an impact for years to come. His wife almost died, and while in ICU, she was diagnosed with Stage 4 Breast Cancer. Although she is doing well today, there will always be tests, checkups, treatments, etc. for years to come; all of which generate medical bills, which need to be negotiated, resolved promptly, and paid fairly.
Once again Jim discovered that the healthcare billing system was falling short and in need of answers, but most of all results. It is a very complex, bothersome and full of hassles process. On behalf of his wife, he spent hours on the phone trying to resolve issues to ensure that the providers were being paid a fair amount promptly and that the insurance carrier was being treated fairly.
So in order to help others, including patients across America, Jim founded US™ to simplify and continue improving the multi-faceted healthcare cost containment arena. Through his decades of experience, he knows it's possible to provide smoother negotiations resulting in a fair settlement without litigation where everyone wins through the power of his team at US™.
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SOURCE Ultimate Settlements, Inc.