Third party patient financing

ChaseHealthAdvance provides third party patient financing for medical treatments in the dental, vision, cosmetic, audiology and veterinary fields. We help patients overcome the financial barriers associated with procedures not typically covered by insurance by providing flexible options for those looking to finance these types of treatments.

Everything we do is driven by two core values – creating innovative products and advocating for the patient and the practice. Both of these values can be seen in our No Surprise financing principle, which is highlighted by simple, easy-to-understand product terms and disclosures. Our goal is to make sure that nothing catches a patient or the practice by surprise during the financing process.

Committed to Practitioners

ChaseHealthAdvance has been designed to be easy for practitioners to implement. Enrolling is easy and quick. There are no enrollment fees, monthly minimums or required equipment to buy or lease.

Every practice gets a knowledgeable practice consultant who trains doctors and their staff on our processes and continues to work with them throughout the relationship to identify opportunities where they can use our services to meet their business goals.

ChaseHealthAdvance is a great option for both practices that haven’t offered third party financing in the past and those currently providing financing in-house. While some dentists may believe paying a service fee for financing is an unnecessary expense, they fail to consider that not offering third party financing may actually be costing them money.

Our providers pay a small service fee and offer no-interest financing and extended payment plans to their patients. But even with the fees, our financing can greatly reduce a practice’s costs and help increase profitability. With in-house financing, for instance, dentists spend a significant portion of their budget on financing administration and implementation costs. Plus, unless a patient has paid in full, dentists must often “float” the costs of treatment until payment can be made – an average of 72 days.

With ChaseHealthAdvance financing, we directly deposit the treatment fee into the practice’s account in as little as 24 hours after the transaction. And, because patients are responsible to us for repayment and not the practice, patients will be less likely to skip or delay follow-up treatments because of an inability to pay.

Committed to Patients

ChaseHealthAdvance has done everything possible to make it fast and easy for patients to apply for healthcare financing. Whether patients are applying on their own or through their clinician’s office, our streamlined process speeds up the approval process. And with the clear and simple language, patients will never be surprised by their payment.

An application can be completed right in the doctor’s office or by the patient at home, on the phone or online. The approval process is automated so in most cases patients know their approval status, financeable amount and repayment options within just a couple minutes.

We’ve also developed a Present and Apply tool for the iPad®, which allows practitioners to walk patients through the process in a visual format that communicates affordability and helps remove the cost barrier for the patient. The tool presents the options in a simple, easy-to-understand format and lets the patient apply for financing right from the iPad.

The ChaseHealthAdvance Difference

Chase has leveraged years of credit data in the healthcare space coupled with its deep credit underwriting expertise to deploy custom scorecards to determine credit eligibility.

A down payment is not required, so up to 100% of the cost of the treatment can be financed and each credit line is structured to meet a patient’s needs. Once approved, patients can choose from a broad range of financing options, including a no-interest repayment plan of 12, 18 or 24 months which is set up so patients can be sure the last payment will be the same as the first.

ChaseHealthAdvance credit lines can be reused by the patient or anyone in the family. The funds can be used for any procedure performed by any ChaseHealthAdvance provider nationwide.

ChaseHealthAdvance is continuously striving to improve the relationships and products we offer to practices and patients.