July 8, 2024

CarePayment Named Top Performer in Patient Financing and Financial Engagement Solutions by Black Book Research

NASHVILLE, Tenn., July 8, 2024 – CarePayment, a leading patient financial engagement and financing company, proudly announces its recognition as the top-rated vendor in two categories by Black Book Research. CarePayment has been honored as the top Patient Financing & Medical Loan Solutions provider and the best in Patient Financial Engagement. These accolades reflect CarePayment’s commitment to empowering patients with affordable healthcare financing options and improving financial health for healthcare providers.

Black Book Research, a respected independent research organization, conducted its 2024 survey across 6,771 health system CFOs, VPs of Finance and RCM, controllers, business office managers, and consultants. The survey aimed to identify the top-performing vendors in financial software and technology platforms. CarePayment’s exceptional performance in the survey highlights its leadership and dedication to delivering innovative financial solutions in the healthcare industry.

Ed Caldwell, CarePayment CEO, expressed his gratitude and enthusiasm for these recognitions: “We are deeply honored to receive these prestigious awards from Black Book Research. Being named the top provider in both Patient Financing & Medical Loan Solutions and Patient Financial Engagement is a testament to our team’s unwavering commitment to enhancing patient access to healthcare and supporting providers with leading financial solutions. We’re firmly dedicated to driving positive financial experiences, for both providers AND their patients.”

This recognition comes on the heels of CarePayment’s win as the Best of KLAS for Patient Financing Services in 2023, further solidifying its position as a trusted leader in patient financing.

The awards from Black Book Research underscore the crucial role CarePayment plays in addressing the growing financial challenges impacting healthcare organizations and patients amidst increased state and federal regulatory scrutiny on how medical debt is managed and collected. By providing flexible, always interest-free payment plans that never impact credit score, CarePayment helps patients manage their medical expenses while enabling healthcare providers to maintain financial stability and focus on delivering quality care.

View Black Book’s full 2024 RCM rankings here: https://blackbookmarketresearch.com/finance-revenue-cycle-management. For more information about CarePayment and its award-winning solutions, visit www.carepayment.com.

About CarePayment

CarePayment is the leading patient financial engagement and financing company, designed to accelerate the transition of healthcare providers to the new digital, consumer-driven healthcare market. Powered by analytics and an integrated platform, our innovative patient financing solutions improve patient satisfaction and loyalty while delivering superior financial results. Offering recourse and non-recourse programs through our Pre-Care, Post-Care and Pre-Bad Debt solutions, CarePayment helps all patients get the care they need, when they need it, while protecting the financial health of provider organizations so they can continue to offer valuable care to the community. CarePayment’s 0.00% APR, patient-friendly financing is compliant with applicable state and federal consumer credit laws, requires no application, and is supported by a friendly US-based customer service staff. Accounts for the program are issued by Republic Bank & Trust Company, Member FDIC. Find more information at carepayment.com.