CarePayment supports the hospital mission and improves key financial metrics by providing:

Complete synergy with our hospital client’s Mission to serve their communities.
A market-leading patient finance program featuring a customized, hospital-branded finance card.
All patients with the additional benefit of extended payment terms with no interest, enabling patients to pay their growing share of medical costs.
Improved cash flow, reduced accounts receivable days and increased percentage of collected patient-pay receivables.
Qualification to virtually all patients regardless of employment status, credit history or medical insurance coverage. (a valid social security number is the only requirement)
A commitment to a patient-friendly approach in all activities, including monthly statements, website, policies and service levels.
Expanded financial options for hospital registration, admission, financial counseling and business office staff to offer patients.

Innovative Financing

In light of increasing healthcare costs and mounting patient receivables, how can hospitals both care for, and collect from, their patients in a way that honors their mission to the community?

Aequitas Capital Management developed CarePayment to address the growing financial challenges patients are facing - including higher co-pays, increased insurance deductibles or lack of adequate medical insurance. CarePayment provides patients with a 0% interest, extended payment finance card (not a charge card) and virtually all patients qualify for CarePayment. The innovative financial structure of CarePayment provides patients with the opportunity to pay their portion of their hospital bills over time – without the penalty of interest. Simultaneously, CarePayment will increase the hospitals cash flow, reduce accounts receivable days, increase net collections and improve overall financial performance.