COSTA MESA, Calif.,
Nov. 6, 2019 /PRNewswire/ -- The American Academy of
Orthopaedic Surgeons (AAOS), the preeminent provider of education
and practice management services for orthopaedic surgeons and
allied health professionals has entered a new partnership with
CareCredit, a leading health, wellness and personal care credit
card business.
"When it comes to musculoskeletal care, the AAOS is committed to
supporting our members in providing the highest quality care
possible to their patients," said Thomas E.
Arend, Jr., JD, CAE, Chief Executive Officer of AAOS. "Our
partnership with CareCredit is just one more way we are helping
AAOS members deliver that care with the tools that offer cost
transparency and a convenient payment solution to their patients.
Together, we aim to create comfortable and confident payment
conversations at every stage of the financial journey so their
patients can move forward with the proper treatment and care."
"Rising out-of-pocket costs are creating new practice management
challenges by generating a greater volume of patient accounts
receivable," said Gregory Pierce,
Senior Vice President and General Manager, CareCredit - Specialty.
"The benefits of our partnership with AAOS are two-fold: helping
practicing orthopaedic surgeons and their staff improve the
financial experience with educational tools and resources, and
helping practices improve cash flow by offering solutions that will
enable their patients to pay for out-of-pocket costs."
CareCredit, a Synchrony solution, allows patients to get the
care they need by offering payment options that give them
flexibility to pay deductibles, co-pays, co-insurance and other
out-of-pocket healthcare costs over time. Once cardholders are
approved for CareCredit, they can continue to use the CareCredit
credit card throughout CareCredit's network of more than 230,000
healthcare locations and select health-focused retailers.
Offering patient payment options as part of the pre-treatment
financial discussion can help solve challenges for both patients
and healthcare teams, and CareCredit offers the experience and
resources needed to help orthopaedic practices engage with patients
to inform them of financial resources and available payment
solutions easily and more effectively.
CareCredit is currently accepted across more than 30 medical
specialty areas, including physical therapy, durable medical
equipment, imaging, labs, ambulatory surgery centers,
anesthesiology, primary care and general practice, women's health,
and urgent care. In addition to its partnership with the AAOS,
CareCredit has relationships with the Medical Group Management
Association (MGMA), the American Dental Association (ADA) and the
American Society of Plastic Surgeons (ASPS), and also recently
partnered with the American Osteopathic Information Association
(AOIA).
About AAOS: The American Academy of Orthopaedic
Surgeons
With more than 39,000 members, the American
Academy of Orthopaedic Surgeons is the world's largest medical
association of musculoskeletal specialists. The AAOS is the trusted
leader in advancing musculoskeletal health. It provides the highest
quality, most comprehensive education to help orthopaedic surgeons
and allied health professionals at every career level best treat
patients in their daily practices. The AAOS is the source for
information on bone and joint conditions, treatments and related
musculoskeletal health care issues and it leads the health care
discussion on advancing quality.
About CareCredit
CareCredit, a Synchrony solution, is
a leading provider of promotional financing to consumers for
health, veterinary and personal care procedures, services and
products. For more than 30 years, CareCredit has helped millions of
people by offering special financing options with convenient
monthly payments. CareCredit is accepted at more than 230,000
locations for a wide variety of health and wellness procedures,
treatments, products and services. More information can be found at
carecredit.com/academy.
About Synchrony
Synchrony (NYSE: SYF) is a premier
consumer financial services company delivering customized financing
programs across key industries including retail, health, auto,
travel and home, along with award-winning consumer banking
products. With more than $140 billion
in sales financed and 80.3 million active accounts, Synchrony
brings deep industry expertise, actionable data insights,
innovative solutions and differentiated digital experiences to
improve the success of every business we serve and the quality of
each life we touch. More information can be found at
www.synchronyfinancial.com and through Twitter: @Synchrony.
Media Contacts:
Jeanne DeLeonardo
CareCredit
(203) 585-6551 or jeanne.deleonardo@syf.com
Deanna Killackey
AAOS
(847) 384-4035 or killackey@aaos.org
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