CarePayment Unveils Hybrid Financing Model Combining Recourse and Non-Recourse

NASHVILLE, Tenn., April 10, 2025 – CarePayment, the leading patient financing program in the country, is setting a new standard in patient financial engagement with the launch of Hybrid Financing. This groundbreaking model redefines flexibility in patient financing, seamlessly blending recourse and non-recourse options to create an adaptive solution that meets the evolving needs of both providers and patients.

Hybrid Financing represents a significant leap forward in patient financing. Rather than forcing providers to choose between recourse or non-recourse models, CarePayment’s Hybrid Financing dynamically adjusts to patient and provider needs, maximizing cash flow while reducing financial risk and ensuring all patients have access to affordable, interest-free payment plans.

• Tailored to Reduce Provider Risk and Increase Cash Collections – Through our intelligent financing platform, qualified accounts are moved seamlessly from a recourse to non-recourse status, all while ensuring that every patient qualifies for a financing solution.
• Lower Bad Debt, Higher Efficiency – Non-recourse accounts remain fully managed by CarePayment, minimizing provider administrative burdens and reducing financial reserves.
• Future-Proofing Healthcare Payments – In an evolving industry, static financing models no longer suffice. Hybrid Financing is designed to evolve with patient behaviors, provider constraints, and economic realities.

With Hybrid Financing, providers benefit from balance-driven repayment terms up to 36 months, with extended payment options up to 72 months upon patient request. This innovative approach delivers 3-5 times more cash than traditional programs at a significantly lower cost than non-recourse-only financing, ensuring healthcare organizations can maximize revenue cycle outcomes while keeping patient payments accessible and compassionate.

“The future of patient financing lies in adaptability. Providers and patients need financing solutions that are as flexible as they are effective,” said Ed Caldwell, CarePayment CEO. “Hybrid Financing is a transformative step forward, proving that financial solutions must evolve to meet the real-world needs of healthcare organizations and the communities they serve.”

About CarePayment

CarePayment is the leading patient financial engagement and financing company, designed to accelerate the transition of healthcare providers to the new digital, consumer-driven healthcare market. Powered by analytics and an integrated platform, our innovative patient financing solutions improve patient satisfaction and loyalty while delivering superior financial results. Offering recourse and non-recourse programs through our Pre-Care, Post-Care and Pre-Bad Debt solutions, CarePayment helps all patients get the care they need, when they need it, while protecting the financial health of provider organizations so they can continue to offer valuable care to the community. CarePayment’s 0.00% APR, patient-friendly financing is compliant with applicable state and federal consumer credit laws, requires no application, and is supported by a friendly US-based customer service staff. Accounts for the program are issued by Republic Bank & Trust Company, Member FDIC. Find more information at carepayment.com.