Today’s trends in healthcare are creating an increasing need for unique payment methods for anyone needing help with healthcare coverage. Especially for those who cannot afford healthcare due to increasing costs of living and the ever rising cost of healthcare.
Healthcare providers are finding it more difficult to get paid as AR grows, patient’s bills increase, facility billing interest increase the amount owed to the provider and the debt gets out of hand. Increasing collections and decreasing profit for the provider and adding unwanted stress to patients. Even after 2-3 post-procedure appointments, providers are still waiting for payment from Insurance, patients and Coverage companies. Existing Coverage alternatives are not soling this problem because lenders are requiring high FICO scores on credit checks in order to qualify for their payment programs, which leaves 75% of the general population unable to qualify.
This is where CarePayUSA comes in… CarePayUSA’s unique solution allows for 95% approval for patient coverage, even while they are standing in the doctor’s office!
Key Benefits of our Patient Coverage
CarePayUSA brings more profit to your practice with the following key benefits:
- We approve 95% of applicants so you never lose revenue due to a patient’s inability to pay.
- We purchase your AR up front.
- Generate more revenue by increasing patient volume.
- Patient pays 0% interest with no retroactive penalties for late or missed payments.
- We can also purchase your outstanding balances up to 90 days old and put those patients in the CarePayUSA program.
Same Day Approval
We approve all patients the same day prior to leaving the office. This secures financial responsibility and lowers the risk for the provider.
Zero interest to your patients
We help clients define the target customer or sweet spot — the area of distinct advantage over competitors—to inform business decisions and investment allocation.
Upfront Payment to you
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