CarePayment’s cover photo
CarePayment

CarePayment

Hospitals and Health Care

Brentwood, Tennessee 5,564 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

  • 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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  • CarePayment reposted this

    💡 Implementation doesn’t have to be a headache.  With CarePayment, providers get a seamless onboarding experience- without the operational burden. 🚀 Faster go-live  📊 Minimal IT lift  ✅ Built-in patient engagement support See how simple it can be: 🎥👇 

  • Let’s get back to basics - what is patient financing anyway? We’ve broken it down to the need-to-knows. ✅ Recourse vs. non-recourse financing. Who takes on the risk? ✅ Zero-interest vs. deferred interest ✅ Impact on cash flow, patient payments, and patient satisfaction Get your breakdown on the basics here. 👇 https://lnkd.in/efgh3-rA

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  • In 2025, health systems need to stay ahead of evolving regulations while keeping patients at the center of financial engagement. 3 Compliance Best Practices to Follow:  🔎 Be Transparent  💙 Prioritize Patient-Centered Practices  📜 Align with New Regulations Swipe through for a deeper dive into each best practice.  

  • Epic integration is changing patient financing in 2025. Here’s why: ✅ Seamless provider workflow: Enroll patients in financing directly in Epic. No extra steps, no added friction.  📲 Better patient experience: Payment plan details appear right in MyChart, making it easier to manage bills.  💰 Faster reimbursements: Health systems streamline financial engagement while improving cash flow. Better for providers. Better for patients. A true win-win. 🏆 🔗 Get the details: https://lnkd.in/eyy8WD26  

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  • 💡 Implementation doesn’t have to be a headache.  With CarePayment, providers get a seamless onboarding experience- without the operational burden. 🚀 Faster go-live  📊 Minimal IT lift  ✅ Built-in patient engagement support See how simple it can be: 🎥👇 

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Funding

CarePayment 4 total rounds

Last Round

Post IPO equity

US$ 7.5M

See more info on crunchbase