August 22, 2016, 4:09 PM EDT
CareCredit Announces Multi-Year Agreement Renewals with Four Large Dental Clients
COSTA MESA, Calif.--(BUSINESS WIRE)--CareCredit, a leading provider of promotional healthcare financing, today announced multi-year, first-look agreement renewals with four prominent dental organizations. These four agreements strengthen CareCredit’s acceptance in more than 400 locations throughout the Midwest, Northeast and Southeast.
Dentures & Dental Services has clinics throughout Arkansas, Louisiana, Missouri, Mississippi, Oklahoma and Texas; Mortenson Dental Partners has locations throughout Ohio, Kentucky, Indiana, Georgia, South Carolina, Utah, Nebraska, Iowa, Texas, and Idaho; Sage Dental has dental and cosmetic practices throughout Florida; and Dental Care Alliance has locations across eight states.
The availability of financing plays an integral role in consumers’ decision-making process regarding healthcare needs. According to a CareCredit study,* more dental patients (67%) research financing options than the procedure itself (58%). The same study showed nearly half (49%) of respondents were very likely or extremely likely to apply for or use the CareCredit credit card as the cost of dental care increased to $1,000.
“Our research shows that dental patients want financing options, and we are pleased to work with these organizations to help them serve their patients with quality care as we’ve done for nearly 30 years,” said Dave Fasoli, CEO of CareCredit.
The CareCredit credit card is accepted at more than 195,000 healthcare providers and healthcare-focused retailers. Currently, more than 2 out of 3 dental practices accept CareCredit.
*Path To Purchase Research, conducted for CareCredit by Rothstein Tauber, Inc., 2014.
About CareCredit ®
For nearly 30 years CareCredit , from Synchrony Financial (NYSE:SYF), has helped millions of people pay for needed and desired care and health expenses. CareCredit is a health, wellness and personal care credit card accepted through a national network of more than 195,000 healthcare providers and health-focused retailers. For more information on CareCredit, call 800-300-3046 or visit www.carecredit.com. For more information about Synchrony Financial visit www.synchronyfinancial.com.
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