Comprehensive Solution

CarePayment is a patient financing company that is committed to helping people manage their medical expenses. We are not a collection agency or credit card company. CarePayment partners with medical providers to give patients an option to pay off their balance from healthcare services they received.

Studies show that patients who have had a positive medical treatment experience can end up reporting lower quality of care if they have a negative billing and payment experience. “Patient-friendly” means that CarePayment is focused on offering affordable, manageable and accessible financing solutions that help patients meet their financial obligations. CarePayment works as an extension of the provider, offering polite, respectful communications to patients and making it easy to activate their account, make payments in convenient ways, and get questions or concerns answered quickly. Our collaborative approach to both your team and your patients, and our depth of industry-specific knowledge, achieves better financial and patient satisfaction results. We maintain the highest level of transparency and service possible while being compliant with all applicable state and consumer lending laws and regulations.

Increasingly, patients are avoiding care because they can’t afford it, even if they have insurance. Many patients now have high deductible plans and may need to pay as much as $10,000 out of pocket before insurance kicks in. The reality is that not every patient can afford to pay cash or to take on interest-bearing debt through credit cards or home equity lines of credit to cover their share of medical expenses. Patients need budget-friendly alternatives when they need more time to pay. Offering affordable, transparent financing products ensures patients can pay off their medical bills with dignity, access care when they need it and avoid unnecessary stress and anxiety.