CarePayment

CarePayment

Hospitals and Health Care

Brentwood, Tennessee 5,493 followers

Bridging the affordability gap between patients & providers with award-winning, 0.00% APR patient financial engagement.

About us

Out-of-pocket healthcare expenses are on the rise. Patients are having difficulty paying their share and providers are finding it difficult to collect from those patients. It’s a lose-lose situation. Enter CarePayment. Our award-winning, always 0.00% APR patient financial engagement helps patients afford the care they need and protect their financial health while helping providers stay financially healthy by reducing bad debt and improving cash flow. *#1 Patient Financing Solution and Medical Loan Technology & #1 Patient Financial Engagement Solution by Black Book Research in 2024 *Best of KLAS for Patient Financing Services by KLAS Research in 2023 *#1 Patient Financing Solution and Medical Loan Technology by Black Book Research in 2022

Industry
Hospitals and Health Care
Company size
51-200 employees
Headquarters
Brentwood, Tennessee
Type
Privately Held
Founded
2004

Locations

Employees at CarePayment

Updates

  • View organization page for CarePayment, graphic

    5,493 followers

    Hi there! 👋 We’re CarePayment, and we’re honored to announce that we've been recognized as the #1 patient financing and medical loan solution, as well as the #1 in patient financial engagement by Black Book Market Research LLC. If there's one thing to know about CarePayment, it’s this: We believe that everyone, everywhere deserves access to the care they need, regardless of their financial situation. We are passionate about breaking down financial barriers and setting the standard for patient financial engagement. Our mission is to transform healthcare by promoting compassionate, modern patient financing practices that put people first. We're committed to innovation and excellence in patient financial services, and this recognition fuels our determination to make healthcare more accessible for all. Read more about our achievement and our ongoing efforts to make a difference in the lives of patients across the country: https://bit.ly/3LhpNAO

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  • View organization page for CarePayment, graphic

    5,493 followers

    Ready to bust some myths? Our eye-opening video tackles the most common misconceptions that leave decision-makers in the dark. 🚫 Myth: Non-recourse financing is always the superior choice for healthcare providers and patients. ✅ Unlock the truth. Watch our video to reveal how recourse financing empowers providers to offer zero-interest options to help patients manage their care without added financial strain.

  • View organization page for CarePayment, graphic

    5,493 followers

    It is always an honor to get to hear Sathish K.'s expertise! Thank you HFMA Tennessee Chapter for the platform to share his insights on the importance of cybersecurity in healthcare!

    View organization page for HFMA Tennessee Chapter, graphic

    1,926 followers

    The 2024 HFMA Tennessee Chapter Fall Institute wrapped up on a high note with an inspiring keynote from HFMA CEO C. Ann Jordan, J.D.. Ann spoke on the crucial actions leaders can take to thrive in their roles and offered a forward-looking view of healthcare’s future and HFMA’s role in shaping it. Following this, Valerie F. Barckhoff, MBA (she/her/hers) delivered an engaging session on how healthcare organizations are using Automation and AI to transform Finance and Revenue Cycle operations. We ended the Institute with a compelling cybersecurity panel featuring experts Jim Parcel, Regis Billings, and Sathish K. Kumar. They tackled the pressing issue of cybersecurity in healthcare, covering topics such as preparedness, prevention, and strategies to safeguard patient data, financial stability, and operational continuity. 💰 🛏 We are proud to announce that the TN HFMA Chapter held a silent auction to benefit Sleep in Heavenly Peace (SHP), a nonprofit organization dedicated to building and delivering bunk beds to children in need. Thanks to the generosity of our providers who participated in the auction, we raised over $3,000 to support SHP’s mission of ensuring that no child has to sleep on the floor. A heartfelt thank you to everyone who contributed to this incredible cause! We would like to extend our heartfelt thanks to our generous sponsors, whose support made this event possible. A special thank you to our conference committee for their tireless efforts in organizing a top-notch event, and to all our speakers who shared their expertise and experience. Your contributions helped make a truly memorable and impactful conference for all! We look forward to next year and please be on the lookout for future HFMA Tennessee Chapter events!

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  • View organization page for CarePayment, graphic

    5,493 followers

    Past HFMA Tennessee Chapter president, current CarePayment team member! Love to see our very own Buffy Loveday, CRCR's successes celebrated.

    View organization page for HFMA Tennessee Chapter, graphic

    1,926 followers

    Last week during our Fall Instinute, The TN Chapter hosted its Past President’s Dinner in downtown Nashville celebrating the successes of both past and current leadership. We had chapter representation dating back to 1998! Past Presidents in attendance: Chase Wunder, Guice Smith, Managing Director, Executive Search, Buffy Loveday, CRCR, Cheryl Spanier, Bridget Cutchen, Judith B Henry, Lee Ann Burney, Neil Koonce, Rodney Adams, MMHC, FHFMA, CRCR, Katie Tarr, MBA, CVA, FHFMA #HFMA #Leadership

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  • View organization page for CarePayment, graphic

    5,493 followers

    Tune into our newest episode of The Check Up where our compliance expert extraordinaire, Samantha Roberts, CCP, and Brian Brown dive into the evolving world of patient billing regulations and the importance of compliance in healthcare. In Episode 6, you’ll learn about: 💡 New state laws requiring income-based payment plans for patients 📊 How CarePayment's monthly legislative report helps providers stay compliant ⚖️ Avoiding costly penalties through a focus on patient protection and financial regulation 🌐 Identifying trends in healthcare billing to stay ahead of the curve

  • View organization page for CarePayment, graphic

    5,493 followers

    Recourse financing might just be your next big move. Tune in as Karen Friemoth and Brian Brown answer your biggest questions about recourse vs. non-recourse financing. What's Inside Episode 5: 🔍 The differences between recourse and nonrecourse financing 💰 How recourse models can boost provider financial performance 🤝 The importance of flexibility in patient payment options 📊 Why some nonrecourse solutions fall short on patient utilization

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Funding

CarePayment 4 total rounds

Last Round

Post IPO equity

US$ 7.5M

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