Texas Company Lured West by WCAB Medical Liens

By Jim Sams, Senior EditorWith $1.5 billion in liens piling up each year at the California Workers' Compensation Appeals Board, an Austin, Texas, company that pays cash for medical providers' unpaid bills has found a Golden State opportunity.MedStar Funding had hired a sales rep in the Bay Area and is dispatching a vice president on regular trips to Los Angeles to build up the company's share of the California medical liens market. The company intends to triple or quadruple its capital investment in the state, said founder and Chief Executive Officer Dan Christensen."You can have 5...