RECENT NEWS:
- WEBINAR: The New Regulatory Environment: What Healthcare Providers May Not Know About Consumer Credit LawWatch Now >
- CarePayment Launches New Healthcare Provider DashboardRead more >
- Elkhart General Hospital introduces extended payment program Read more >
- CarePayment® Expands Staff To Serve More Healthcare Providers Read more >
- CarePayment Program Introduced at 20 Facilities in First Half 2012 Read more >
- CarePayment Set To Introduce Enhancements Read more >
- A. Todd Van Meter Joins CarePayment Technologies, Inc. Read more >
- Craig Froude Named CEO of CarePayment Technologies, Inc. Read more >
- NEW WHITE PAPER: Consumer Credit Compliance for Healthcare Providers Read more >
- Midland Memorial Hospital Introduces CarePayment Program Read more >
- CarePayment experiencing unprecedented growth in patient payment program Read more >
- Tri-City Medical Center becomes CarePayment’s newest partner Read more>
- CarePayment Announces Partnership with Memorial Healthcare Read more>
- CarePayment rolls out new features in web-based provider portal Read more>
- CarePayment rolls out new features in web-based provider portal Read more>
- CarePayment CEO featured on Billians Health Data Blog discussing the patient experience Read more>
- Patient survey reveals that the CarePayment program enhances the patient experience Read more>
- CarePayment Appoints David Liu as Vice President of Finance Read more>
- CarePayment Launches Patient Portal 2.0 Read more>
- CarePayment Announces Partnership with Another Pennsylvania Hospital Read more>
- CarePayment Launches Analytics Engine to Help Partners Manage Their Self-Pay Portfolios Read more>
“Our patients are very thankful they have an option to address their balance. Our staff members have noticed an increase in patient satisfaction and loyalty since the program was implemented.”
“The 0% APR made our lives so much easier and allowed us to enjoy the arrival of our little girl without worrying about how to pay the bills.”
“The implementation team was very helpful – they were very organized and had a great deal of knowledge. We were immediately able to transfer 75 percent of our patients’ payment plans to CarePayment.”
“Since my condition is on-going, having a way to add additional medical expenses to my CarePayment account has been a life saver and helped me care for my family.”
“With CarePayment, we were able to reduce our patient-pay accounts receivables by 30 percent and drop the patient-pay A/R by ten days, a level which has continued to hold.”
“We just graduated from college, and money is tight. Having manageable monthly payments has made all the difference and allowed us to pay off our medical expenses.”
In order to attract patients in a consumer-driven market, providers are seeking ways to improve the patient experience while controlling costs. Studies show that there is a high correlation between overall patient satisfaction and satisfaction with the billing experience, and that the key missing ingredient from the billing experience is the lack of flexible financing options.
CarePayment partners with providers to provide these payment options to patients for their out-of-pocket expenses. Our partners have noted the following benefits of our program:
- Increases patient satisfaction and loyalty
- Increases market share
- Increases physician alignment
The CarePayment® Program is offered through WebBank, a Utah industrial bank. CarePayment also services payment plans offered through healthcare providers.
