Mighty
Mighty provides specialized software solutions for funders, medical providers, and law firms in the personal injury industry, facilitating efficient communication and secure data sharing.
Services
Mighty offers a comprehensive range of specialized solutions tailored for funders, medical providers, and law firms within the personal injury industry. The suite of services includes financial solutions such as immediate cash flow and customized financing structures. Additionally, Mighty provides secure and HIPAA-compliant portals for medical providers to effortlessly share bills and records with law firms. Furthermore, Mighty Capital delivers flexible investment holding periods and access to non-traditional capital sources, specifically designed for legal and medical funders.
Technology and Security
Mighty's technology infrastructure is robust and secure, hosted on Amazon Web Services (AWS). Their platform prioritizes security, employing data encryption both in-transit and at-rest. They provide secure document storage, integrated email, and custom workflows to enhance operational efficiency. The technology supports the sharing of medical records and bills in a secure, HIPAA-compliant manner, ensuring privacy and compliance with industry standards.
Platform Features
The Mighty platform boasts a variety of features aimed at improving efficiency and streamlining communication for personal injury funders and medical providers. Key features include a HIPAA-compliant portal for sharing medical records and bills, integrated email, custom workflows, and secure document storage. The platform also supports the creation of custom update letters, tracking patient treatments, and managing purchases. Additionally, law firms utilize the PI Portal to give lienholders access to case status updates and documents, reducing the need for calls or emails.
Financial Solutions
Mighty provides financial solutions that include immediate cash flow and customized financing structures specifically for the personal injury sector. These solutions are designed to address the unique needs of law firms and medical providers, allowing them to grow their businesses more effectively. Mighty Capital offers flexible investment holding periods and sources of non-traditional capital, ensuring that legal and medical funders have the financial resources necessary to operate efficiently.
Industry Impact
Mighty's software has significantly impacted the personal injury industry, powering over $2.6 billion in medical and plaintiff funding. The platform is utilized by over 100 personal injury funders and processes approximately 75,000 applications and claims annually. By offering tools such as case servicing dashboards and reporting analytics, Mighty helps funders, medical providers, and law firms streamline their operations and improve overall business efficiency.