|Patients can use the CareCredit credit card for out-of-pocket healthcare expenses.|
|CareCredit offers ECPs P-O-P materials to help patients understand their options.|
|ADDED VALUE Practices enrolled in CareCredit receive a free listing on the carecredit.com Provider Locator. This tool can be accessed online or with a mobile device and helps patients find a healthcare professional in their area who accepts the CareCredit credit card. The card is versatile and can also be used for dental, veterinary, audiology, dermatology, and cosmetic services. In addition, CareCredit sends informational messages to its millions of cardholders, outlining ways the card can be used in practices that accept it.|
In just a few easy steps, ECPs can provide patients with a new financing option that won’t break the bank.
Are you looking for ways to attract more patients to your office? To increase revenue and patient satisfaction this year? Then it’s time to consider offering CareCredit financing options to your patients.
CareCredit is a healthcare credit card that patients use for out-of-pocket healthcare expenses. The company has helped more than 20 million people get the healthcare they need and want over the past 27 years in a number of medical disciplines. Issued by GE Capital Retail Bank, the CareCredit healthcare credit card is accepted by more than 175,000 healthcare practices around the country.
On the eyecare side, CareCredit can be used for eye exams, LASIK, and corneal refractive therapy. Vision care products that qualify for CareCredit include prescription and plano sunglasses, multiple pairs of eyewear, designer frames, premium lenses, and annual supplies of contact lenses not covered by insurance.
Begin providing financing with CareCredit as another payment option for your patients by calling 866-853-8432 or completing an online request form after which a representative will contact you. There are no monthly or annual fees charged to the practice. Once your office is enrolled you can then process the transaction and charge the patient’s CareCredit credit card account (you can help patients apply if they are not already cardholders). Payment is electronically deposited into your practice’s bank account within two business days, minus a minimal processing fee. Plus, there is no responsibility on your practice if the patient delays or defaults on payment.
With CareCredit, you’ll have more time to spend on patient care and less hassle with billing and collecting. Your office staff receives free orientation and training, all the necessary informational resources and marketing tools-including P-O-P offerings-to present the financing to your patients, and the relevant materials for processing applications. A payment calculator and chart are available online or on an iPad to show patients how payments can fit their budget. The advertising toolkit makes it a snap to add information about CareCredit to your website. You can easily view reports, order materials, and access other resources on CareCredit’s website.
The next step is to confidently offer services and eyewear. Your patients now have the option to proceed with exams or eyewear needs for their family without the wait because they have a way to pay for out-of-pocket expenses. The patient simply completes a short credit application, the office staff sends in the information by phone or online to the credit center (open seven days a week, 16 hours a day), and you receive a credit decision almost instantly.
Patients will enjoy the benefits of having a CareCredit account as well. They’ll have a credit card exclusively for healthcare products and services with convenient monthly payments. There are special financing options available (subject to credit approval) with monthly payments, and a customer care center available by phone or online, 24 hours a day. Don’t let eye exams and eyewear sales walk out the door. Consider accepting CareCredit and help patients fit the cost of eyewear into their monthly budget.
Kim Pickett is a certified ophthalmic medical technologist and ophthalmic writer in Minneapolis, MN.
WHERE TO FIND IT:
800-859-9975 • carecredit.com