Chase Health Advance

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Information about Chase Health Advance

Published on September 30, 2008

Author: orthosynetics

Source: slideshare.net

How would your practice like to… Provide traditional no interest financing Eliminate the down payment barrier Receive non-recourse payment at the start of treatment, reducing your accounts receivable Lower the cost of billing and collecting associated with your in-house plan Decrease “no shows” & cancelled appointments due to financial concerns Provides a 24 month no interest payment plan for patients that complete treatment in 12-20 months.

Provide traditional no interest financing

Eliminate the down payment barrier

Receive non-recourse payment at the start of treatment, reducing your accounts receivable

Lower the cost of billing and collecting associated with your in-house plan

Decrease “no shows” & cancelled appointments due to financial concerns

Provides a 24 month no interest payment plan for patients that complete treatment in 12-20 months.

No down payment required to start treatment High approval rate Affordable low monthly payments ChaseHealthAdvance provides the perfect financing solution Generous Revolving Lines of Credit available for entire household use All approved applicants receive a $5,000 min line of credit Treatment Cost Minimum Monthly Payment 24 Months 18 Months $3,000 $ 126 $ 168 $4,000 $ 168 $ 224 $5,000 $ 210 $ 280 $6,000 $ 252 $ 336 $7,000 $ 294 $ 392

No down payment required to start treatment

High approval rate

Affordable low monthly payments

Generous Revolving Lines of Credit available for entire household use

All approved applicants receive a $5,000 min line of credit

ChaseHealthAdvance’s process is practice and patient friendly Short application - By staff or patient - Online, Fax, Website or Phone Simple invoice - Complete and have the patient sign - Your office is in control - Open approval Non-recourse payment - If the patient fails to pay, you're not responsible - Fast and prompt payment by direct deposit - Daily payment confirmation emailed to your office

Short application

- By staff or patient

- Online, Fax, Website or Phone



Simple invoice

- Complete and have the patient sign

- Your office is in control

- Open approval

Non-recourse payment

- If the patient fails to pay, you're not responsible

- Fast and prompt payment by direct deposit

- Daily payment confirmation emailed to your office

ChaseHealthAdvance’s payment plans versus your current payment options * Average losses provided by J. M. Shoemaker Consulting, Inc. ** Billing & collecting costs provided by Blair/McGill & Company Payment Options Associated Costs Cash Payment in Full 5-10% Discount Credit card Payment in Full 2% Service Fee In-house Payment Plan 5% Losses* 3% Billing & Collecting ** 8% Total cost 2% Credit card Service Fee 10% New total cost Chase’s Payment Plans 6.99 - 8.99% Service Fee

Special payment plans options available just for OrthoSynetics Providers * Our No Interest Payment Plans are designed with equal monthly payments to easily pay off the balance in the actual time period. No Interest Payment Plans Service Fee Minimum Transaction 12 Months 6.99% $ 1,000 18 Months 7.99% $ 2,000 24 Months 8.99% $ 3,000 Extended Payment Plans Service Fee Minimum Transaction 24 to 48 Months 3.49% $ 1,000

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