Five things to know:
1. The partnership is intended to help orthopedic practices improve the financial experience with educational tools and resources, and to help them improve cash flow by giving patients a convenient way to pay their rising out-of-pocket costs.
2. CareCredit offers payment options that allow patients to pay deductibles, copays, co-insurance and other out-of-pocket healthcare costs over time.
3. Approved cardholders can use the CareCredit credit card throughout CareCredit’s network of more than 230,000 healthcare locations and select health-focused retailers.
4. More than 30 specialty areas, including physical therapy, ASCs and anesthesiology, have adopted CareCredit’s solutions.
5. The company has partnerships with the Medical Group Management Association, the American Dental Association, the American Society of Plastic Surgeons and the American Osteopathic Information Association.
More articles on coding, billing and collections:
ASC payer mix, procedure costs & out-of-pocket expenses — 5 statistics
Optum to re-direct patients amid UnitedHealthcare-Houston Methodist dispute
Run these 3 reports to identify ASC revenue cycle leaks
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
