CareCredit Announces Agreement with Athletico Physical Therapy
April 26 2017 - 8:00AM
Business Wire
CareCredit’s footprint expands into physical
therapy sector
CareCredit, a leading provider of promotional financing for
healthcare, is pleased to announce a new multi-year agreement with
Athletico Physical Therapy. This relationship provides patients of
Athletico’s over 370 physical and occupational therapy facilities
across the country full access to CareCredit’s health, wellness and
personal care credit card.
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This new agreement allows for greater financing choices for
Athletico’s patients, and provides CareCredit’s 10 million
cardholders with more options to pay for deductibles, copayments
and out-of-pocket costs associated with physical therapy services.
A growing sector, outpatient rehabilitation in the U.S. is a $29.6
billion industry, with physical therapy accounting for
approximately 90 percent ($26.6 billion) of all outpatient
rehabilitation spending.1
“For 30 years, CareCredit has been focused on helping patients
get the care they want and need by providing financing options,”
said Dave Fasoli, chief executive officer of CareCredit. “Physical
therapy and rehabilitation services are an important part of the
care equation, which is why we are proud to sign our first large
physical therapy agreement with Athletico, a leader in this
space.”
Patient financing can be crucial to helping patients receive the
care they need. According to a CareCredit Cardholder
Engagement Study2, 47 percent of cardholders surveyed said they
would have postponed or not moved forward with the recommended care
if CareCredit had not been available. When patients have a way to
pay over time they are better prepared to proceed with the
treatment or procedure.
“Building strong, healthy communities requires a team of
outstanding healthcare professionals and service relationships,”
said Mark Kaufman, CEO/President of Athletico. “Our new partnership
with CareCredit allows us to fulfill our mission of delivering
exceptional treatment in a manner that is both flexible and
accessible for our patients.”
Additionally, this announcement further illustrates CareCredit’s
expanding acceptance network into orthopedic rehabilitation and
physical therapy. This growth is in response to cardholder feedback
to continually enhance the utility of the CareCredit card by
offering financing for a full-range of health and wellness services
when and where they need it.
__________
1 Physical Therapists Market Research
Report, IBISWorld, Nov 2016.
2 CareCredit Cardholder Engagement Study,
December 2016
About CareCredit®
For 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
200,000 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.
About Athletico
Athletico Physical Therapy provides the highest quality
orthopedic rehabilitation services to communities, employers and
athletes in over 370 locations throughout nine states with more
than 4000 employees. Athletico is committed to our patients and
referring physicians through our patient-centric focus, positive
work environment, attention to quality and high standard of care.
Athletico measures patient outcomes and satisfaction and is
dedicated to continuous improvement. Athletico was named #1
Workplace in Chicago, “Best Physical Therapy Practice in the
Nation” by ADVANCE magazine, Top Workplace in the Nation and has
been recognized as a leader in employee volunteering and charitable
giving. Our services include physical and occupational/hand
therapy, workers’ compensation, women’s health therapy, concussion
management and athletic training. For more information, or to
schedule a free injury screening, please
visit www.athletico.com and follow us on Twitter
at @athletico.
FOR MORE INFORMATION
www.carecredit.com or Facebook.com/CareCredit or
Twitter.com/CareCredit
©2017 CareCredit. All rights reserved.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170426005106/en/
CareCredit:Mason Burnham, 855-791-8007vice president, strategic
communicationsmedia.relations@carecredit.comorAthletico:Weber
ShandwickCassie Burica, 312-988-2199senior account
executivecburica@webershandwick.com
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