Enhance Practice Efficiency With CareCredit for Providers

Health and wellness providers and staff may tend to do their best work when they can focus on the health and wellness of their patients and clients rather than on billing and payments. However, managing patient and client payments can be a key part of keeping your practice profitable and running smoothly. Offering patient payment options like CareCredit for providers can help optimize operations with easy, flexible financing solutions.

Here's how point-of-service financing can help support an efficient and satisfactory practice experience for both staff and clients.

Streamline Healthcare Patient Payment Options

Providing your patients or clients with payment and financing options can be an important part of a positive experience in your practice or business. Choosing options that fit your practice needs and benefit patients or clients may help enable a positive payment experience.

A flexible financing option built for health and wellness transactions directly at the point of service, CareCredit is an advantageous choice to include among your practice or business's payment options. With transparent, consistent fees and fast provider payout, CareCredit can help take some of the heavy lifting out of the patient payment process. Automated payment processing can help minimize paperwork and follow-ups, streamlining health and wellness practice management.

Minimize administrative hassles to free up staff time

Another advantage of CareCredit is that it is already integrated into many types of leading practice management software, so it can help streamline the payment process and minimize manual data entry during the billing process. Practice staff may deal with fewer billing errors and disputes that can slow down daily operations.

When a patient or client pays with CareCredit,* your practice will receive payment within two business days without staff having to spend time chasing outstanding bills should patients or clients fall behind or default. That allows team members to spend their time on what matters most — supporting clinical care.

Improve Patient Experience With Flexibility and Convenience

The financing needs of your patients or clients can vary widely from year to year and procedure to procedure. With more than 35 years dedicated to the health and wellness industry, CareCredit's flexible payment plans are built to meet those ever-changing individual needs. Promotional financing options are available, such as no interest if paid in full during a set time period on qualifying purchases of $200 or more, and reduced APR on certain larger qualifying transactions. With the ability to prequalify without a hard credit check, patients can feel empowered to say yes to the treatment they need without as many cost concerns.

Making flexible payment options available can be important for patient and client satisfaction. In Cedar’s 2024 Healthcare Financial Experience Study, 41% of respondents left a negative review of their provider due to a bad billing experience, and 58% said they’d revisited a provider due to a previous positive billing experience.¹

Support treatment adherence by reducing budget concerns

The ability to choose a flexible financing plan that fits their budget can help encourage patients and clients to commit to treatment when their body needs it, rather than when their budget allows for it. According to Synchrony's Healthcare Journey Research Consumers and Providers study, 57% of consumers surveyed said they had struggled with, delayed or pushed off care due to out-of-pocket expenses.²

Consider what often happens when those delays occur right in the middle of a prescribed treatment plan: frustration and unsatisfactory outcomes for patients and providers alike. When a patient or client waits until a time for their personal finances to restart treatment, practice staff can spend unnecessary time reevaluating their needs, rescheduling appointments and determining if or how to restart treatment, which may not be an optimal use of staff time and effort.

Simplify Workflows With CareCredit for Providers

Less staff time spent chasing bill payments and fixing manual errors isn't just a matter of practice efficiency; it can make your health and wellness business a better workplace. Lowering administrative burdens may help improve job satisfaction and reduce burnout.

When patients and clients pay with CareCredit, the payment arrives promptly, and the transaction is complete for providers' practices. And with transparent, consistent fees and no hidden costs, you can count on predictable, hassle-free payments. Tense conversations with patients and clients about late payments may no longer be on staff shoulders, eliminating a task that can be both time-consuming and draining.

With CareCredit's dedicated training, marketing help and integration with practice management software, staff can feel supported by a financing partner committed to their success. What's more, with over 12 million cardholders and $144 billion financed, CareCredit offers a trusted solution for expanding your patient base.

Unlock an Optimized Patient Experience

Offering flexible financing solutions to patients and clients can help support an efficient practice. When patients and clients feel empowered to say yes to full treatment plans with fewer budgetary concerns — and staff get to avoid chasing payments and fixing administrative errors — it may provide an opportunity for everyone to have a more satisfactory experience.

A Patient Financing Solution for Health and Wellness Providers

If you are looking for a way to connect your patients with flexible financing that empowers them to pay for the care they want and need, consider offering the CareCredit credit card as a patient financing solution. CareCredit allows cardholders to pay for out-of-pocket health and wellness expenses over time while helping enhance the payments process for your practice or business.

When you accept CareCredit, patients can see if they prequalify with no impact to their credit score, and those who apply, if approved, can take advantage of special financing on qualifying purchases.* Additionally, your practice or business will be paid directly within two business days.

Learn more about the CareCredit credit card as a patient financing solution or start the provider enrollment process by filling out this form.

Author Bio

Natalie Burg is a writer, editor and editorial project manager with 20 years of experience. She uses her expertise from a range of industries, including economic development, business, sustainability and more, to create content that educates and engages readers.

Healthcare payment and financing solution

The CareCredit health and wellness credit card helps improve the payment experience for patients and clients, and your financial performance.

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