CareCredit, a leading provider of health, wellness and personal care credit products and RevenueWell, a leader in patient engagement solutions for dental practices, today announced a partnership to help practices aid more of their patients get the care they need. By integrating CareCredit within the RevenueWell platform, front office dental teams will have access to fast and easy tools to make it easier to educate patients about financial options.
When patients have an out-of-pocket expense for their dental care needs, cost can be a concern and barrier to treatment — especially during a financially challenging time. To help overcome this challenge, RevenueWell has integrated the CareCredit Quickscreen™ product so practices can easily communicate the availability of special financing options without leaving the RevenueWell platform. With this integration, practices can automatically identify patients on the schedule who are pre-approved with no impact to their credit bureau report or those patients who already have an existing CareCredit credit card. Giving patients the ability to pay for their dental care with CareCredit helps patients to spread out their investment over time, while practices are able to get paid within two business days.
“Often times, patients may delay or decline recommended treatment because of unspoken cost concerns,” said Doug Hammond, senior vice president and general manager at CareCredit. “By partnering with RevenueWell and integrating Quickscreen™, we hope to provide doctors and their teams with a simple, easy way to see who is pre-approved for special financing options so that they can comfortably communicate the benefits of CareCredit and encourage patients to move forward with needed care.”
“We are excited to join forces with CareCredit to provide our practices an additional resource to increase case acceptance, while giving patients an additional financing option for their oral healthcare needs,” said Alex Nozdrin, chief marketing officer at RevenueWell.”
About Revenue Well
Founded in 2010, RevenueWell enables dental practices to manage patient engagement, patient relationships, online practice reputation and appointment reminders. The company also offers desktop two-way texting, VoIP phones, electronic patient intake forms and an enterprise management dashboard that allows group practices and dental service organizations to manage their portfolios. RevenueWell’s product suite and integration with the leading practice management software providers help reduce manual labor by automating and facilitating patient contact and patient interactions, which lead to strong ROI for its dental office customers. The company is headquartered in Chicago, Illinois. For more information, please visit www.RevenueWell.com.
CareCredit, a Synchrony solution, is a leading provider of promotional financing to consumers for health, veterinary and personal care procedures, services and products. For more than 30 years, CareCredit has helped millions of people by offering special financing options with convenient monthly payments. CareCredit is accepted at more than 240,000 locations for a wide variety of health and wellness procedures, treatments, products and services. More information can be found at www.carecredit.com/hfma.
Synchrony (NYSE: SYF) is a premier consumer financial services company. We deliver a wide range of specialized financing programs, as well as innovative consumer banking products, across key industries including digital, retail, home, auto, travel, health and pet. Synchrony enables our partners to grow sales and loyalty with consumers. We are one of the largest issuers of private label credit cards in the United States; we also offer co-branded products, installment loans and consumer financing products for small- and medium-sized businesses, as well as healthcare providers. Synchrony is changing what’s possible through our digital capabilities, deep industry expertise, actionable data insights, frictionless customer experience and customized financing solutions.