MDsave is partnering with CareCredit to bring easy healthcare financing to their mission of providing better cost transparency to patients. As consumers face ever increasing healthcare costs, CareCredit, a Synchrony solution, offers patients the ability to pay over time for deductibles, co-pays, co-insurance and other out-of-pocket healthcare costs.
MDsave is able to provide its customers transparent, easy-to-understand costs and savings of up to 60 percent on healthcare expenses, further helping to ensure those who need care have options to afford it. Partnering with CareCredit allows MDsave customers to better control their expenses with flexible financing options.
Providers receive guaranteed payment within two business days with no recourse to the practice if the patient delays or defaults on payment. Helping to reduce the billing related constraints on administrative schedules, CareCredit can free up valuable time to allow providers and their staff to focus more on providing high-quality care and a positive patient experience.
MDsave launched in 2012 to help provide better and more affordable healthcare to consumers by allowing patients to shop, buy, and compare medical services through its platform.
According to a Physicians Foundation Report, cited by MDsave, 67 percent of consumers surveyed said they or someone in their household are concerned about being able to pay their medical bill.
"MDsave is leading innovation in healthcare consumerization and transactional transparency,” said Paul Ketchel, CEO and founder of MDsave. “Through our partnership with CareCredit, we are able to better empower our patients by improving affordability and access to healthcare services."
“Our partnership with MDsave will help cardholders navigate the ever-rising consumer responsibility for healthcare.” Said Dave Fasoli, CEO CareCredit. “Through this new relationship CareCredit continues to deliver increased utility to our cardholders while working towards our goal of becoming a comprehensive personal health and wellness solution.”