San Francisco, CA. – October 5, 2011 – CarePayment today announced they are partnering with Tri-City Medical Center, a 397 bed facility located in Oceanside, CA., to offer the company’s innovative patient payment and loyalty program to their patients. Tri-City Medical Center is celebrating 50 years of service this year to San Diego County’s coastal communities of Carlsbad, Oceanside, Vista and the surrounding region.
CarePayment is a patient-centric program which makes unexpected medical bills less burdensome for those who are facing the rising costs of insurance plan deductibles, co-payments and other out- of-pocket costs, or are presently uninsured. Designed to empower patients with the ability to have more flexibility and financial control over their healthcare expenditures, the CarePayment program will enable patients of Tri-City Medical Center to pay for hospital services at zero percent APR over a period of 25 months.
“We are excited to have the opportunity to partner with Tri-City Medical Center”, says Brian Brown a vice president at CarePayment, “their approach to enhancing their patients’ overall experience is very much aligned with the impact we have with CarePayment patients.”
CarePayment partners with dozens of progressive hospitals and health systems across the United States. Beyond the financial service, the program offers online portals for providers and patients as well as educational materials for patients.
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About CarePayment
Established in 2004, CarePayment helps patients pay their medical bills over terms of up to 25 months with 0% APR; accounts are issued by WebBank, Salt Lake City, Utah. The hospital branded loyalty card is an innovative approach which has proven to enhance the patient experience while simultaneously improving collection rates for the hospital. Many of CarePayment’s hospital partners experience a twofold impact to their bottom line: one from the reduction in bad debt and the other from additional revenue as a result of attracting new patients. For additional information, please call (800) 316.4350 or visit www.carepayment.com.