As a major healthcare financing company closes its doors to new funding, American HealthCare Lending steps up to offer providers multiple innovative lending solutions on a single platform.
Salt Lake City, UT (PRWEB) April 26, 2012
Healthcare financing company Chase Health Advance announced this month that they no longer accept new financing for patients. The company communicated this change to customers via its provider bulletin, “We have decided to wind down the patient financing business to focus our efforts on growing Chase’s core business… This advance notice gives you the opportunity to evaluate and retain new patient financing options.”
With the provider network narrowing, nationwide financial services company American HealthCare Lending is stepping up to offer an increasing number of innovative lending solutions on a single platform to the tens of thousands of providers set to lose one of their patient healthcare financing options in the upcoming weeks.
With four unique options for financing, there’s a solution for every patient. Prime Decision is designed to take the place of an existing patient credit card plan and allows for funding up front without retroactive interest and 26.99% default rates. Checkpay is a payment plan based primarily on a patient’s check writing history in order to offer funding despite credit issues. Payment Stream allows healthcare providers, rather than the bank, to decide whether or not to fund patients who don’t qualify for traditional financing. Lending consultants are available to review each declined application and, using the Lender Network, create additional opportunities to provide custom financing options for patients.
American HealthCare Lending’s revolutionary funding options do not include medical or dental credit cards, but rather provide lower rates, longer terms and exceptional customer service in order to secure funding for every patient. By offering four exceptional financing solutions, there’s an option for everyone. Patients have the confidence to fund elective healthcare procedures, and providers are given flexibility and power to better meet their patients’ needs while increasing case acceptance and revenues.