The Role of Third-Party Financing in the Health and Wellness Payment Landscape

The demand for health and wellness-based services has become more prevalent in the United States in recent years. Even as healthcare costs continue to grow, Americans recognize the value of overall wellness and want to prioritize their health. Yet, as the desire for a wellness-focused lifestyle continues to grow, financial barriers remain a challenge for many.

Integrating patient financing options into the healthcare billing process offers a solution to help patients meet their financial obligations. By evaluating how third-party financing can help meet patients’ needs while delivering business benefits for providers, CareCredit can inform best practices for introducing patient-centric payment options.