Medical Receivables: The Asset Class That Doesn't Care What the Market Does

Most investors diversifying outside of stocks and real estate end up in the same crowded alternatives — gold, crypto, private equity. Medical receivables rarely come up in that conversation, and that's exactly what makes them worth understanding.

In this webinar, we'll break down how medical receivables work as an asset class, why they behave differently from most alternatives, and what investors should evaluate before considering any fund in this space. You'll leave with a clear understanding of the mechanics behind this strategy — how medical bills are purchased, how insurance reimbursements work, and what the risk and return profile actually looks like in practice.

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What You'll Learn in This Session:

Medical receivables have quietly generated consistent returns for over a decade — through COVID, rate hikes, and market crashes — yet most investors have never considered them. In this session, Lon Welsh breaks down exactly how this asset class works, why it behaves differently from every other alternative investment, and what to evaluate before adding it to your portfolio.

How Medical Receivables Actually Work

Learn how medical bills are purchased, how insurance reimbursements are structured, and why insurance companies are legally required to pay — making this fundamentally different from consumer debt or equity investments

Why This Asset Class Is Uncorrelated to the Market

Understand why medical receivables have delivered consistent 11–13% annual returns across a decade of market cycles — and what makes the return profile more predictable than most alternatives

What Downside Protection Actually Looks Like Here

See how this strategy is backed by real assets and structured for stability — and why a medical bill behaves very differently from a stock price when markets get difficult

How to Evaluate Whether It Belongs in Your Portfolio

Walk away with a practical framework for assessing any medical receivables fund — what to look for, what questions to ask, and how it fits into a diversified passive investment strategy

About Your Hosts

Lon Welsh

Lon Welsh is the founder of Ironton Capital, Your Castle Real Estate, and First Alliance Title and an over 20 year veteran of commercial real estate acquisition and development. Realizing that busy professionals lack the time to participate in real estate, Lon founded Ironton Capital so that busy accredited investors too can build a secure, stable financial future through passive, diversified investing.