GUARANTEED FINANCIAL
IMPROVEMENTINCREASED PATIENT
SATISFACTION AND LOYALTYA COMPREHENSIVE
STREAMLINED SOLUTION
Our primary product is a 0.0% APR open-ended revolving line of credit. Through co-branded, patient-friendly materials and features, the CarePayment Patient Financing Program is designed to encourage patient’s participation in actively managing their medical expenses. Some features include:
0.0% APR open line of creditCredit limit up to $25,000No application
No impact to credit score
Multiple, convenient payment tools and account management
Consolidated statement by guarantorAdd future approved
medical charges
to account
Acuity is an easy to read, healthcare-specific financial insight report that provides a complete picture of a patient’s identity and financial situation, right at the point of service. With Acuity, you can:
Validate patient identity
Increase point-of-service collections
Reduce days in accounts receivable, bad debt, and cost to collect
Mitigate downstream billing and collections issues
Comply with financial clearance and assistance policies
Standardize charity care determination process
Improve patient satisfaction and staff efficiency
Dynamic Term LengthsTM (3-72 months)
Utilize best practice workflow
Verify identity information
Integrate with balance estimation tools
Enhance patient outreach
Drives patient loyalty and satisfaction with co-branded materials
Improves satisfaction with
the billing experience
Studies Show that CarePayment Eases Financial Burden on Patients & Improves Overall Healthcare Satisfaction
LAKE OSWEGO, OR– May 5, 2016 – A recently-released white paper, supported by a grant from the W.K. Kellogg Foundation, found that patients using the CarePayment® solution to healthcare debt have a high degree of satisfaction that translates into a more positive perception of the healthcare provider and the overall
Eisenhower Medical Center to Introduce CarePayment Patient Financing, Expanding Retail-Like Services
RANCHO MIRAGE, CA and PORTLAND, OR (January 12, 2016) – Eisenhower Medical Center, a not-for-profit hospital, is expanding patient services by adding CarePayment patient financing programs. The move supports the healthcare organization’s successful efforts to adopt consumer retail strategies that engage patients focused on cost and convenience. Consistent with nationwide trends,
CarePayment Adds Board Members and Chief Revenue Officer, Opens Nashville Office
PORTLAND, OR (October 21, 2015) – Patient financial engagement company CarePayment has appointed healthcare leaders George I. Lazenby, IV and Mark J. Emkjer to its board of directors, and named Ed Caldwell to the new position of chief revenue officer. The company also has opened a Nashville office where it
North Kansas City Hospital To Add Flexible Patient Financing Programs
0.00% APR payment plans adjust term lengths for higher patient-owed balances NORTH KANSAS CITY, MO and PORTLAND, OR (July 28, 2015) – North Kansas City Hospital (NKCH) has implemented a highly flexible patient financing program from CarePayment that allows patients to pay medical bills over time at 0.00% APR for
SCOTUS decision on healthcare tax credits doesn’t solve healthcare affordability crisis: CarePayment CEO
Statement from Craig Hodges, CEO of patient financing firm CarePayment, about the Supreme Court decision in King v. Burwell PORTLAND, OR (June 25, 2015) - This decision supports millions in America who struggle to pay for medical care. It will help families and individuals continue to afford essential health insurance
Hospital Physician Partners Rolls Out CarePayment to Hospital Emergency Departments in More Than 20 States
0.00% APR payment plans help patients manage ER physician expenses over time HOLLYWOOD, FL and PORTLAND, OR (June 23, 2015) – Hospital Physician Partners (HPP) is one of the nation’s leading Emergency and Hospital Medicine contract management companies, partnering with hospitals in over 20 states. HPP has over 2,000 providers
More Indiana Healthcare Providers Add CarePayment Affordable Patient Financing
PORTLAND, OR (April 7, 2015) – Pulaski Memorial Hospital, a 25-bed critical access hospital, and physician practice Fort Wayne Medical Oncology and Hematology are introducing the CarePayment financing program so patients can pay their medical bills over time. CarePayment features 0.00% APR for the life of the account. No interest
Waverly Health Center and CarePayment Feature Affordable Patient Financing Option with Dynamic Terms
0.00% APR payment plans that offer access to flexible terms for paying off balances WAVERLY, IA and PORTLAND, OR (March 31, 2015) – Waverly Health Center, a city-owned critical access hospital in northeast Iowa, is partnering with CarePayment®, the nation’s leading patient financial engagement company, to feature the most flexible
Summit Health and CarePayment Offer Hospital Patients Affordable Financing Option
0.00% APR payment plans, price transparency and cost estimation tools deliver community benefit CHAMBERSBURG, PA and PORTLAND, OR (February 23, 2015) – Summit Health, a non-profit healthcare system in south central Pennsylvania, is partnering with CarePayment®, the nation’s leading patient financial engagement company, to offer an innovative patient payment program
