Prime Healthcare Fellows with Synchrony on Credit Card Funding Options
Prime Healthcare, an award-winning physician-founded and run healthcare system, and Synchrony, a leading purchasing financial services company, today announced a partnership to deliver new, persistent funding choices across Prime Healthcare’s 45 hospitals in 14 states. In partnership with Synchrony, Prime Healthcare will offer patients an additional approach to effortlessly paying for long-term medical services with Synchrony’s CareCredit, a primary healthcare credit card, for payment before care, at point of care and after care. By partnering with Synchrony to offer the CareCredit credit card, Prime Healthcare will establish an alternative payment choice that enables cost transparency and affordability, and enables patients to get the care they need throughout. their healthcare journey.
Prime Healthcare patients can apply for the CareCredit credit card on a mobile device or computer, in a provider’s office, or over the phone. A credit decision is made in seconds and after approval, applicants can use the credit card to pay their bills immediately. Patients can choose from short- and long-term funding options, including deferred interest if paid in full within 6,12,18 or 24 months and a reduced APR with fixed monthly payments for 24. 36, 48 or 60 months.
âPatient care will always be our number one priority,â said Sunitha Reddy, vice president of operations at Prime Healthcare. âIntegrating healthcare delivery with revenue cycle management is essential in an increasingly consumer-driven healthcare market. Implementing CareCredit solutions allows us to offer flexible healthcare financing options that can help meet the unique and evolving needs of our patients while improving their well-being and experience.
âSynchrony’s CareCredit credit card was founded over 30 years ago to help people pay for the health care they need or want for themselves and their families,â said Alberto Casellas , Managing Director of the Synchrony Health and Wellbeing Platform. âAs direct healthcare spending continues to rise, patients are looking for providers who can handle both the clinical and financial aspects of their healthcare experience. Our partnership with Prime Healthcare will help Prime Healthcare patients pay for the care they need while streamlining the healthcare system’s payment processes and financial workflows.
The CareCredit credit card is a way for people to pay for care not covered by insurance, including elective procedures, co-payments, deductibles, and coinsurance, often with special funding. Today, Synchrony’s CareCredit credit card is accepted at over 250,000 health-focused vendors and retail outlets, and has over 6 million cardholder accounts.
Prime Healthcare patients who choose CareCredit will have access to simple online account management tools, including payment reminders, and Synchrony’s award-winning customer service call center. Additionally, patients can use the CareCredit Payment Calculator to estimate their monthly payments based on the amount of care funded and the offer selected.
Summary of the news:
- Prime Healthcare Fellows with Synchrony on Credit Card Funding Options
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