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Chase Health Advance

Date post: 02-Jul-2015
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Page 1: Chase Health Advance

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.

Page 2: Chase Health Advance

• No down payment required to start treatment

• High approval rate

• Affordable low monthly payments

Treatment CostMinimum 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

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

Page 3: Chase Health Advance

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

Page 4: Chase Health Advance

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 Fee10% New total cost

Chase’s Payment Plans 6.99 - 8.99% Service Fee

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

Page 5: Chase Health Advance

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

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.

Extended Payment Plans Service Fee Minimum Transaction

24 to 48 Months 3.49% $ 1,000


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