CareCredit has expanded into 25 new markets where the card is accepted. These new markets include physical therapy, according to a news release.
The CareCredit health, wellness, and personal care credit card, issued by Synchrony Bank, can be used to pay for expenses not covered by one’s insurance. These include deductibles, co-pays, planned medical procedures including orthopaedic surgery, annual wellness visits, imaging, labs, and other out-of-pocket costs.
The other new markets, besides physical therapy, into which CareCredit has grown are medical specialties including primary care and general practice, gastroenterology, ambulatory surgery, durable medical equipment, and urgent care.
In addition to expanding in these new markets over the past 18 months, CareCredit has also launched a CareCredit Rewards Mastercard offering the ability to earn points in select categories such as health and wellness and established key strategic agreements with associations such as the American Osteopathic Information Association, American Med Spa Association, and Spa Industry Association, explains a media release from CareCredit.
“As rising healthcare costs shift the financial responsibility from traditional payers like insurers to consumers, it’s a natural progression for CareCredit to expand into new medical specialties and give even more patients access to care,” says Dave Fasoli, CEO of CareCredit, in the release.
“We have over a 30-year history in health and wellness and we’re committed to helping patients get the treatment they need as well as helping physicians and providers run successful and efficient practices,” he adds.
CareCredit offers promotional financing options and a simple payment calculator for consumers to compare payment options and determine monthly payment amounts. Healthcare providers receive guaranteed payment within 2 business days and access to resources like the Pay My Provider portal, which allows providers to accept online payments easily and, if desired, share a custom payment link with patients via email, their website, or social media channels.
For more information, visit CareCredit.
[Source(s): CareCredit, Business Wire]