Top 10 Patient Financing Companies

benjoseph
Here is a list of Top 10 patient financing companies. Once you read about them, then only you will comprehend their features & benefits you get when you enroll. Basically this helps you in decising which one should you choose and why. Let’s see what do they have in store for you.

The Top Ten

1 Denefits Denefits

At first I was hesitant on if my practice should use Denefits but when I heard that patients were instantly approved and there was not credit checks that hooked me in because that could help out my patients.

Denefits is amazing. They have helped my practice accept patients who could not be accepted before. The software, the customer service and the no credit check financing is definitely as good as it gets.

Denefits helps healthcare providers retain patients by instantly approving financing for their patients. With Denefits, your patients can get dental financing for all types of dental procedures. Moreover, there are no credit checks. Whether patients have a good credit score or a bad one, it simply does not matter.

Secondly, patients can get financing for n number of treatments using just one Denefits account. You do not need to enroll patients to different contracts for different treatments. With just one contract, you can sign in the patients for more than one dental treatment, if required.
Thirdly, The interest rates are low and you can choose the duration in which you wish to repay the sum comfortably. There are no financially dangerous “promotional” loan offers such as deferred interest. - benjoseph

2 Prosper Healthcare Lending

Prosper Healthcare Lending is a patient financing marketplace company headquartered in Salt Lake City, Utah at the heart of the “Silicon Slopes”. They sit at the intersection of the healthcare, technology, and financial services markets and they are using technology to bring innovative financial services solutions to a massive healthcare problem. Their patient financing platform allows healthcare providers nationwide to help Make Healthcare Affordable™ for patients every day by referring patients with good credit to affordable installment loans offered through Prosper. - benjoseph

3 ClearGage

ClearGage offers Patient Financing options with an 100% approval rate of all patients. This gives your practice the ability to offer your patients a payment plan that fits within their budget. They are an excellent addition to any Primary Marketplace Lending option that you are using now

Both bubprime and in-house solutions. Flexibility and options that increase the bottom line

ClearGage offers healthcare providers the ability to present customized financing options to their patients. Their proprietary technology and financial services address the realities of the new healthcare paradigm. Simply put, they treat patients as “consumers.” Leverage the flexibility of their technology to determine the financing terms optimal for your practice and your patients. CLearGage patient financing solutions and customized workflows improve adoption at every patient touchpoint, increase patient satisfaction, ensure compliance and drive ROI to your bottom line. - benjoseph

4 Care Credit Care Credit

They do something very simple at CareCredit: they help people get the care they want for themselves and their families.
And, for them, that's very important. Together, with 200,000 health-focused provider and retail locations, they're helping people access care.
Thousands of times each day, people are using their CareCredit health, wellness and beauty credit card to have important dental work done, be fitted with new hearing aids, have vision or cosmetic procedures, and get care for a beloved family pet. - benjoseph

5 iCare Financial Visit Website9
6 Simple Select

I am a big fan of their true 0% loan offers. I’m not one to make late payments but there is piece of mind knowing there isn’t a default interest on their loans.

SimpleSelect allows patients to borrow with confidence. Their “gotcha-free” loan platform helps patients make easier and smarter financial choices. This saves the patient and the practice thousands in unnecessary interest and fees. A SimpleSelect loan is NOT A CREDIT CARD and has no financially dangerous “promotional” loan offers such as deferred interest. Their interest rates are fixed and never change. Patients with SimpleSelect Zero™ loans pay no interest…EVER! - benjoseph

7 Advance Care

Advance Care has been a leading provider of patient financing solutions since 2008. They have worked diligently to provide patients the most affordable options to finance their procedures or treatment plans. Their programs provide affordable monthly payments with flexible terms.
Whether you choose to use your card for cosmetic surgery, dentistry, orthodontics, chiropractic care, weight loss or hair restoration, the Advance Care combines interest free financing with the flexibility you want. - benjoseph

8 Parasail

A program allowing hospitals to provide patients with 0 percent interest financing for any out-of-pocket medical costs. The costs can be spread over years to make payments affordable to the patients.

When a hospital or large practice accepts ProPatient plans, they receive the funds immediately, while the patient pays Parasail.

Parasail will service the plans for the repayment period, while patients retain a 0 percent interest rate. There are never any fees, and no recourse to the hospital should the patient default. - benjoseph

9 Health-PayPro Patient Financing

Health-PayPro is a combination patient credit and software product offering from ARGO, a long-standing healthcare and financial services software/services provider and ARGO’s Financial Services Provider.

With Health-PayPro, providers improve the flow of funds by determining payment options for patients and providing flexibility to extend real-time credit to patients for out-of-pocket costs at the point of registration. Providers achieve revenue cycle optimization by securing a greater percentage of the patient portion up front and throughout the collection process. - benjoseph

10 Lending Club

When patients need a simple and more affordable way to pay for the care you prescribe, Lending Club can help. Unlike other plans, applicants will see all amounts, monthly payments, and interest rates they qualify for, with no impact to their credit until they select a plan and move forward.
Their approval rates and practice fees are highly competitive. And the application process is fast and easy, so your patients will have the funding needed for optimal care. Best of all, your practice can focus on what you do best: care for patients. - benjoseph

The Contenders

11 Wells Fargo Health Advantage® Dental Patient Financing

Offered by a stable and experienced company, the Wells Fargo Health Advantage credit card program offers a comprehensive range of financing options. That means your patients have the flexibility to receive general or more complex dentistry work now and pay over time with financing. With competitive provider rates, efficient online tools, and a competitive Annual Percentage Rate (APR), your dental practice can focus on providing dental care to your patients while building your practice.
Your patients can use the Wells Fargo Health Advantage credit card program for many of their or their family members' dental care needs. - benjoseph

12 Ajeva
13 SimplePay
14 CarePayment
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