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Date: August 11, 2010
Contact: Rita Howell, Director of Community Relations
Phone: 812/481-2323
E-Mail: rhowell@mhhcc.org

Memorial Provider and Health Care Center Partners with CarePayment to Offer Patients an Interest-Free Payment Program

Portland, Ore. — March 1, 2010 — Jasper, Indiana – Memorial Provider and Health Care Center announced a new partnership today with CarePayment, an innovative program designed to provide patients with the ability to have more financial control over payment of their provider expenses. The new partnership enables Memorial Provider's patients to pay for their provider services at a 0.0% Annual Percentage Rate over a 25-month period.

When the program goes into effect on August 23, 2010, it will make unexpected medical bills less burdensome especially for those who are uninsured or are facing high insurance plan deductibles, copayments, and other out-of-pocket costs.

"We continue to search for ways to improve our overall patient experience," said E. Kyle Bennett, Executive Vice President and Chief Financial Officer at Memorial Provider. "The CarePayment system is another way that we can offer our care and compassion while providing patients with a payment option that is manageable and convenient for them."

CarePayment's CEO Jim Quist added, "We're proud of the opportunity to partner with Memorial Provider, and we look forward to providing a worthwhile benefit to the patients and community.

Regardless of insurance coverage, credit history or employment, Memorial Provider will refer patients automatically to CarePayment if they have a balance on their provider account two months after receiving their first statement. Through a pre-approved application process, the patient will receive a a 0.0% Annual Percentage Rate provider-sponsored loyalty card. The patient's monthly minimum payment will be 4% of the account balance or $25, whichever is greater.

For more information about CarePayment, please call Memorial Provider's Patient Financial Services staff at 482-0651.

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About Memorial Provider and Health Care Center
Memorial Provider and Health Care Center offers a comprehensive range of acute medical services in a 133-bed facility located on Ninth Street in Jasper. As a regional health center with nearly 90 active staff physicians and 1,400 employees, Memorial Provider serves Dubois and surrounding counties in southern Indiana. Under the sponsorship of the Sisters of the Little Company of Mary, the provider annually provides care for more than 8,000 inpatients and 225,000 outpatients. The provider received national recognition recently including the 2004 and 2008 Thomson Reuters 100 Top Providers® Award; the 2007 Select Practice National Quality Award; 2007 "Five-Star Provider" designation; the 2009 Beacon Award for Critical Care Excellence®, and the 2006 - 2009 HomeCare Elite Award.

About CarePayment
Established in 2004, CarePayment is a program that enables patients to pay for provider services at a 0.0% Annual Percentage Rate over an extended period of time, while providing providers with immediate funding for patient-pay receivables. This unique program enables provider clients to improve cash flow, reduce receivable days and dramatically increase the percentage of collected patient-pay receivables. Providers that have implemented CarePayment have seen improvements on their balance sheets and reported increased patient satisfaction.
Program offered through WebBank, a Utah industrial bank.