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The American Dental Association Member Advantage and CareCredit will continue their longstanding partnership to help make financing and payments more flexible for patients and practices.
The American Dental Association (ADA) Member Advantage has announced a 10-year partnership extension with CareCredit. CareCredit is one of the industry’s first dental credit cards and is the only financing solution endorsed for ADA members. CareCredit, a Synchrony product, will now offer payment education, resources, and financing solutions to ADA members, according to a press release from the companies. It has been endorsed by ADA Member Advantage for more than 20 years and continues to be endorsed because of its high-quality offerings, according to Chair of the ADA Member Advantage Board of Directors, Bill Bulman.
“We have a defined process for choosing companies we want to endorse to our members. When we review Synchrony and the CareCredit product within that framework we find it to be an essential product that provides value to members and their patients, it becomes an easy decision to continue our partnership,” Bulman says in the press release. “Their ongoing commitment to providing financing options, education, and practice resources to providers and dental teams makes them one of our most valued partners.”
CareCredit allows patients to pay for dental care using a variety of financing options, while simultaneously offering resources for more flexible payment solutions. There is also a payment calculator to estimate monthly payments which can be a huge boon for patients looking for flexibility and practitioners looking to improve revenue management, according to Bete Johnson, GM, Dental, Synchrony.
“CareCredit helps providers improve revenue cycle management and maintain financial stability during a time of evolving change,” Johnson says in the press release. “With CareCredit, dental practices are able to offer their patients the option to make convenient monthly payments to help make out-of-pocket expenses more manageable and budget friendly.”