Becker's ASC Review

September_October_2019_ASC

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Executive Briefing: 22 Executive Briefing financial obligations, ASCs can improve the financial experi- ence by helping patients better prepare to meet those obliga- tions. Offering more payment options can help provide a sense of choice and control, and it may make it easier for patients to fit payments into their budgets. For example, a third-party pay- ment solution like CareCredit — a dedicated health, wellness and personal care credit card — means patients won't have to cover their costs with cash up front, or use the cards they may rely on for life's other expenses.* In addition, promotional financ- ing available through CareCredit means cardholders can meet their payment obligation immediately, while making monthly payments over time to pay down the balance. Providers receive payment in two business days, with no recourse if the patient delays payment or defaults.** When patients can get the care they want and need today — and providers can receive payment without delay — the financial experience is better all around — truly a win-win. CareCredit – Bridging the gap between payment and care For more information, please visit carecredit.com/beckers.n 2 CareCredit, Provider Impact Study, August 2018 *Subject to credit approval. Minimum monthly payments required. See carecredit.com for details. ** Subject to the representation and warranties in your Agreement with CareCredit, including but not limited to only charging for services that have been completed or that be completed within 30 days of the initial charge, always obtaining patient's signature on in-office applications and the cardholder's signature on the printed receipt. The CareCredit credit card is a proven payment solution for rising out-of-pocket health- care costs. For more than 30 years, CareCredit has given patients an easy way to get the care they want and need, and pay over time for deductibles, co-pays, and treatments not covered by insurance.* CareCredit has more than 11 million cardholders and is accepted at 210,000 enrolled locations. Practices get paid in two business days, helping you save time, increase cash flow, reduce A/R, and decrease billing and collections expenses. To learn more, visit carecredit.com/beckers.

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