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CarePayment is partnering with hospitals nationwide to enhance their overall mission, accelerate cash flow and improve net collections by providing their communities with a non-discriminatory, hospital-branded finance card featuring no interest and extended payment terms.

April 9, 2007
Delta County Memorial Hospital announces new interest-free, extended-term financing program available to all patients

Faced with rising health care costs and increasing patient financial responsibility, a new 0.00% financing program at Delta County Memorial Hospital provides patients with a needed payment option.

To provide patients with more payment options and help ease concerns about how to cover the ever-increasing number of "self-pay" expenses (out-of-pocket hospital care costs not covered by insurance or other providers), Delta County Memorial Hospital has partnered with Aequitas Capital Management to offer all patients CarePayment, an extended term, 0.00% financing program.

"CarePayment is the kind of patient-friendly payment program that has been in high demand by hospitals and patients alike. It provides an additional option to traditional payment terms and payment methods of cash, check or credit card," explained Marilee Riley, Business Office Manager. "With the introduction of CarePayment, all of our patients will be offered the benefit of an extended-term, interest-free finance program to create a payment plan that may better suit their budget."

The CarePayment program features a 0.00% hospital-branded payment card that is available to all patients - regardless of employment of credit history. There is no approval or application process and additional hospital charges may be added to the card as long as the patient is current with their monthly payments.

Aequitas Capital Management developed CarePayment to address the financial challenges patients often face, whether it's due to higher co-pays and insurance deductibles, or the lack of medical insurance altogether. "Our critical goal for CarePayment is to provide every patient of Delta County Memorial Hospital with an easy and affordable way to pay their out-of-pocket expenses," said Steve Wright, Aequitas' Senior Managing Director of Healthcare Markets. "The CarePayment program reflects our ongoing commitment to developing socially responsible financial services that create a positive impact for our clients and their communities."

CarePayment is currently available to all patients of Delta County Memorial Hospital, including patients with outstanding balances. To learn more about how to participate, call 970-874-7681.

About Aequitas Capital Management
Aequitas Capital Management is an investment management firm providing integrated corporate advisory and commercial finance products and services. Since 1993, Aequitas has structured and invested more than $1.5 billion in customized financial transactions to the middle market, energy and healthcare sectors. For more information visit www.aequitascapital.com

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