CareCredit Enters the Durable Medical Equipment Market with OxyGo Partnership
July 17 2017 - 8:00AM
Business Wire
Multi-year agreement helps more patients
finance oxygen modality care across the country
CareCredit will provide financing options for patients who need
oxygen therapy care at nearly 20,000 providers across the country
under a new, multi-year agreement with OxyGo, a leading provider
for Oxygen therapy equipment and services.
CareCredit is a leading provider of promotional healthcare
financing, serving millions of people each year.
“Entering this new market with a well-regarded partner aligns
perfectly with our goal of helping people pay for the care they
need when they need it,” said Greg Pierce, senior vice president
and general manager, CareCredit. “Our agreement with OxyGo gives
their providers a way to help people finance the equipment they
need — with convenient, monthly payments — so they can maintain or
regain their independence.”
CareCredit data shows the availability of financing options
plays a key role in a family’s healthcare decisions. According to
CareCredit Path to Purchase Research, 72% of individuals surveyed
believe that a healthcare credit card allows them to be better
prepared for their family’s needs and not delay care.*
"This new partnership will help patients live more independent
and healthier lives,” said Dave Marquard, CEO & Founder of
OxyGo. “Having the freedom to be on the go while you’re on oxygen
can make a big difference. Now more patients will be able to get an
OxyGo and/or OxyGo FIT portable oxygen concentrator, giving
them greater independence when they need it.”
Additionally, this announcement further illustrates CareCredit’s
expanding acceptance network into the durable medical equipment
market. 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.
*CareCredit Path to Purchase – 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 provider locations
and select 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 OxyGo
OxyGo is a family of portable oxygen concentrators designed to
keep oxygen patients going! OxyGo LLC is a part of Applied Home
Healthcare Equipment, a family owned medical equipment manufacturer
that has been helping patients on oxygen remain ambulatory since
1993. For more information visit www.oxygo.life.
FOR MORE INFORMATION
www.carecredit.com or Facebook.com/CareCredit or
Twitter.com/CareCredit
©2017 CareCredit. All rights reserved.
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version on businesswire.com: http://www.businesswire.com/news/home/20170717005079/en/
CareCredit:David Salzman, 855-791-8007vice president,
communicationsmedia.relations@carecredit.comorOxyGo:Erin Clark,
440-716-9962marketing coordinatormarketing@applied-inc.com
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