Healthcare Financing

Healthcare Financing
CareCredit Expands Access to Healthcare Providers as Wellness Demand Surges
June 07, 2023

Masks and restrictions may be gone, but changes wrought by the pandemic are here to stay, and they’re continuing to evolve into other areas of healthcare — like wellness — and consumers need ways of paying for such services, which are usually not covered by...

Healthcare Financing
PatientFi Launches Membership Platform for Aesthetics Practices
April 24, 2023

PatientFi now enables aesthetics practices to offer patients annual treatment plans with monthly payments. With the firm’s new Privi membership platform, practices can build annual beauty memberships that include neurotoxin, filler, skincare, body treatments and other aesthetic treatment and allow patients to pay monthly, PatientFi...

Healthcare Financing
Credit Reporting Agencies Remove More Medical Collections Debt From Reports
April 11, 2023

Three credit reporting agencies have taken another step in removing medical collection tradelines from credit reports. Equifax, Experian and TransUnion have removed medical collections debt with an initial reported balance of under $500 from U.S. consumer credit reports, the three credit reporting agencies said Tuesday...

Healthcare Financing
Lenders Step In to Give Subprime Consumers Access to ‘Essential’ Elective Procedures
March 23, 2023

Elective dental procedures represent a $165 billion industry — on its way to $230 billion in the next few years.  And that’s in the U.S. alone. As we all get older and come out of the pandemic, we’re reexamining the cosmetic and other procedures that...

Healthcare Financing
Oscar Health Nearly Doubled Its Member Base in 2022
February 09, 2023

The digital healthcare arena continues transforming healthcare delivery while broadening access for patients. This, as health technology company and insurance platform Oscar Health told investors on Thursday’s (Feb. 9) fourth quarter 2022 earnings call that its membership numbers for the year rose to a record...

Healthcare Financing
PayMedix Flips Healthcare Payments Risk Model Upside Down by Underwriting Employers, Not Patients
February 08, 2023

It’s a concept in need of a catchy name, but the healthcare financing innovation from Health Payment Systems/PayMedix is in some ways a new form of buy now, pay later (BNPL) that may upend the apple cart of how people access healthcare — even if...

Healthcare Financing
Health Payment Accounts Offer Patients More Options, Less Stress, Zero Interest
January 19, 2023

Healthcare payment plans are evolving, which is good news for millions struggling with medical debt. The latest development is the January announcement by healthcare payments platform Paytient that it’s launching a new product — the Health Payment Account (HPA) — which gives consumers access to...

Healthcare Financing
Dental Practices Go Big on BNPL
November 30, 2022

More than 500 dental practices are adopting patient financing tools each month.  They’re doing so to offer their patients financing that is accessible, fair, fast and transparent, financial technology provider Sunbit said in a Monday (Nov. 28) press release.  There’s a need for such an...

Healthcare Financing
KPJ Healthcare and Pine Labs Team Up on Patient BNPL Plan
November 10, 2022

The growing market for alternatives for patients to pay increasingly costly healthcare bills has spawned another payments partnership. Malaysia-based KPJ Healthcare, a specialist healthcare organization, announced Thursday (Nov 10) that it has partnered with merchant commerce platform Pine Labs to create a new zero-interest installment...