CareCredit Company Profile

Company Name: CareCredit
Original DBA Name: CareCredit, Inc.
President: Dave Fasoli
Founder: General Electric
In Business Since: Edison General Electric Company was Founded in 1890.
Web Site Created: 2000
Years in Profession: Over 20 Years
Business Address: 2995 Red Hill Ave, Ste. 100, Costa Mesa, CA 92626
Business Phone: (800) 300-3046
Toll Free Phone: (800) 300-3046
Healthcare Providers Phone: (800) 859-9975
CareCredit Cardholders Phone: (866) 893-7864
Contact Email: info@carecredit.com
Completed InfoFAQ Exclusive Interview: 06/03/2008
InfoFAQ Exclusive Interview: "Healthcare Finance"
Company Information: CareCredit Information
Company News: GE News
Website: CareCredit Website
Additional Websites:
www.carecreditpanel.com
www.carecredit.ca
www.advancedesk.com
www.carecreditworks.com
www.carecreditplus.com
www.mycarecredit.com
www.ge.com
www.gemoney.com
www.gehealthcare.com
www.nbcuni.com
www.geindustrial.com
www.gecommercialfinance.com
www.gecareers.com
www.gecfo.com
www.gerealestate.com
www.gefleet.com
www.gecdf.com
www.gegmc.com
www.gelending.com
Online Application URL: CareCredit Application Form
Web Design: In House

Merchant Category: Healthcare Finance, Medical Procedure Financing, Cosmetic Treatment, Cosmetic Surgery, Dental, LASIK Vision Care, Hearing, Veterinary, Chiropractic, Weight Loss, Payment Plans and Financing.

Services Include: Personal line of credit for Cosmetic, Dental, Vision, Hearing and other medical procedures.

Description: CareCredit, a GE Money Company, allows individuals to apply for a personal line of credit for medical, dental and other services not usually covered by insurance. CareCredit financing is accepted as payment for dental procedures, cosmetic surgery, LASIK eye procedures and more. CareCredit works with individual medical and dental providers. CareCredit is even available to assist with veterinary bills. - CareCredit, Inc.

CareCredit and GE Money:  CareCredit was established in 1987, at the request of dental implant company Steri Oss. CareCredit was initially offered to doctors to help their patients pay for new implant technology. Over the next two decades, insurance benefits remained static while technology rapidly advanced and the cost of dentistry increased, making CareCredit a option for both general and cosmetic treatment. Today, dentistry is 60 percent of CareCredit's enrolled practices, followed by vision, cosmetic (entered 4 years ago), and vet (entered 13 years ago). CareCredit became part of GE Money in 2002. GE Money has been providing consumer finance programs since the 1930s when it was established to help families finance appliances. Since then, GE Money has grown to more than $190 billion in assets and is a leading provider of credit services to consumers, retailers and auto dealers in more than 55 countries around the world. GE Money, based in Stamford, Conn., offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity loans, and credit insurance. CareCredit is part of the Sales Finance unit of GE Money, which provides private label credit card programs, marketing, installment lending, service contracts and financial services for national and regional retailers and providers in more than 20 industries including: home improvement, outdoor power equipment, powersports, sporting goods, automotive, consumer electronics and appliances, furniture, floor covering, music, jewelry, and health care. The growth of CareCredit has been steady. - GE Money

Quote from the Company:  "CareCredit. When you'd rather focus on patients, not payments." - CareCredit, Inc.

Quote from the Founder:  "Your worth consists in what you are and not in what you have." - Thomas Edison

Popular Tools:

Online Application
Find a Doctor
FAQs
Payment Calculator

CareCredit Main Service Areas

LASIK Vision Care Financing - Have you ever wondered what it would feel like to drive around in your car without having to wear glasses? Or have you ever wished you didn’t have to deal with the hassle of wearing a different pair of glasses for every different activity? …But then you feel like with the current costs of vision care, these thoughts are more like a dim fantasy than a clear and possible reality. Well, it’s time to finally SEE your options. With CareCredit, you can receive eye exams, LASIK eye surgery, cataract removal, glaucoma correction, and any other eye care needs you may have without having to worry about making high-interest payments immediately and endlessly. CareCredit offers many flexible financing options, and allows you to choose the payment option that works best for you. CareCredit also provides No Interest Financing*, no up-front or annual fees, no hidden costs, and no pre-payment penalties! With CareCredit you can experience seeing the world with new eyes, and saying good-bye to those other old payment plans. Became a CareCredit cardholder today and SEE FOR YOURSELF!

Cosmetic Treatment Financing - Let’s FACE it… Who doesn’t want to look beautiful all the time? But after years of gravity and pollution taking its toll on our precious hair and skin, it’s hard to get back what we all started out with. But with simple cosmetic treatments like Botox and facial fillers, collagen injections, laser hair removal and skin resurfacing, chemical peels and microdermabrasion sessions, laser vein removal, and photo facials, you can retain all of your natural beauty and then some, especially through CareCredit’ easy financing options! CareCredit offers many flexible payment options, No Interest Financing*, no up-front or annual fees, and no hidden costs or pre-payment penalties! CareCredit makes all of your cosmetic treatment options possible, because it gives you control over which treatment you receive and when and how much you pay through its financing options. FACE IT: where there’s a CareCredit card, nothing is too hard!

Cosmetic Surgery Financing - Sometimes we feel like even though we may seem absolutely perfect to others, there are certain parts of our lives we wish to change. But this way of thinking becomes even more plaguing when it’s a part of our bodies that we wish to change, and the means by which to make such changes seem so far out of reach. Well now, with CareCredit’s easy financing options, there is no longer an iron gate blocking the old you away from a newly-designed you! And the best part is, there’s absolutely no limit to or penalty for the amount of procedures you wish to have done! You can use your CareCredit card for all types of cosmetic surgeries, such as breast augmentation, liposuction, otoplasty (ear reshaping), abdominoplasty (tummy tuck), and rhinoplasty (nose job). Through CareCredit’s No Interest Financing * options and no annual fees, up-front costs, or pre-payment penalties of any kind, you can finance the cosmetic surgeries you wish to have, without immediately having to give your mind a makeover for worrying about the costs. So next time you’re thinking about having cosmetic surgery, you might want to just say NOSE!

Cosmetic Dentistry Financing - They say some people have a million-dollar smile. So what does that mean? Did they buy a whole new set of teeth for a million dollars, while the rest of us are insecure about smiling for our driver’s license photos? No. They simply went to their local dentists and had some cosmetic dental work done, a routine you can now easily fall into without having to have millions of dollars. Through the CareCredit card, you too can get traditional or laser teeth whitening, dental implants, dentures, or even urgent procedures such as root canals, crowns, wisdom teeth removal, or any other types of dental repairs done without having to worry about the expenses! CareCredit offers flexible payment plans and No Interest Financing*, and does not have any annual fees, up-front fees, pre-payment penalties, or hidden costs, so you can have the smile you have always dreamed of, without the headache you always dreaded. Don’t just sit there wishing for a beautiful smile, fight for it TOOTH and nail!

Veterinary Financing - You come home and your loyal dog energetically runs toward you and starts licking your face. You’re watching TV and petting your adorable kitten, while the kids are feeding their iguana. But what happens when your dog can’t greet you at the door anymore, your cat can’t stand to be touched, and the kids are wondering why the iguana hasn’t moved or eaten in days? What happens when your smaller, furrier friends suddenly find themselves feeling under the weather? Who can you turn to for help? CareCredit has the answers! The CareCredit card helps you finance for all of your veterinary needs, be they routine check-ups, wellness exams, vaccinations, urgent visits, or emergency surgeries. CareCredit can provide you with No Interest Financing* and allows you to pay over the specified time period that you choose. Plus, there are never any hidden costs, pre-payment penalties, or annual fees, so when the CAT is away, the MICE can still play. Besides, who says you can’t teach an old DOG new tricks?

Hearing Care Financing - Wouldn’t it touch your heart to suddenly hear your child’s first words, or to hear your wedding song on your golden anniversary? For those that have lost the ability to hear, or those who have never before had the experience of hearing the ocean’s waves crashing upon a sandy shore, dogs barking at loud neighbors, or birds chirping harmoniously on a sunny and crisp spring morning, CareCredit can help bring them from a place of silence into a world of melody and symphony. Through CareCredit’s No Interest Financing options*, receiving hearing care is now easier and more accessible than ever! The CareCredit card will allow you to finance all of your hearing care needs including cochlear implants, digital or analog hearing aids, ear infection treatments, otosclerosis surgery, or stapedectomy, all without any annual fees, pre-payment penalties, or up-front fees. Because when it comes to your hearing care needs, CareCredit is HEAR for you.

Company Background: CareCredit and the philosophy behind it was born out of the needs of both and patients to have an efficient, practical, and flexible method of payment. The company and the value it offers today's healthcare professionals in allowing them to focus on patient care instead of collecting payment, has matured into the nation's leading patient financing program.

Company History: The company was founded in 1987 to answer the challenges of a changing healthcare industry. With health insurance companies covering fewer procedures and the sharp rise in technological advancements, patients’ ability to accept recommended treatment plans was becoming significantly limited. The CareCredit program provides the doctor-patient relationship with a win-win situation: the doctor receives full treatment fees within two business days, and the patient receives immediate, recommended treatment.

Doctor's and CareCredit: A doctor's primary concern is always the welfare of the patient. CareCredit allows healthcare professionals to concentrate on what they are trained for and eliminates the burden of acting as a banker to their patients. Although quality care is a doctor's first priority, payment is not always the patient's. Research has shown that health care professionals rank 36th out of 40 on a priority list of creditors to be paid. On average, when a patient is billed by a doctor's office, 76 days pass before the practice receives payment. Additionally, the average office that handles its own billing collects only 90 to 95 percent of its total billings over an 18-month period. With CareCredit, doctors have the opportunity to offer patients the financial means for recommended treatment, without assuming a credit risk. The practice receives payment within two business days, significantly improving cash flow. Since CareCredit is a non-recourse credit program, healthcare professionals are not responsible for delinquent payments once services are rendered.

Patients and CareCredit: By providing patients with several payment options, practices can increase the acceptance of recommended treatment. Often, payment becomes an Issue when the recommended treatment approaches several hundred dollars. This is because the average person only has $300 available on their consumer credit cards. Because of this, Visa and MasterCard may be a limited payment option for treatment fees of several hundred dollars or more. Top practice management consultants suggest presenting CareCredit as a payment option along with cash, Visa, and MasterCard. CareCredit gives patients a flexible, convenient payment plan when they prefer not to pay with cash Or a major credit card. There are no fees to start with CareCredit or any annual card holder fees and patients can be offered 3, 6, or 12 Month interest Free Payment Plans. For those who prefer additional time to pay their balance beyond the Interest Free Payment Plans, CareCredit offers a fixed payment plan for 24 to 60 months with interest rates as low as 9.99%.

Key to Our Success: Because the practice receives payment at time of treatment, accounts receivables, bad debt, and delayed payments are eliminated along with the need for staff to spend time making telephone collection calls. With CareCredit, the office staff is free to focus on other important practice functions such as scheduling, marketing and patient relations. CareCredit supplies staff training aids, presentation materials, and practice-building tools to help office staff present financial options effectively and efficiently.

The Bottom Line: CareCredit’s financial stability is backed by two of the nation's largest banks: GE Capital and Associates Commerce. Over 90,000 practices nationwide offer CareCredit to, increase treatment acceptance, receive payment at time of treatment, and reduce billing and collections.

Verified Memberships, Endorsements & Affiliations

Professional Memberships and Affiliations for CareCredit, Inc.

• InfoFAQ Expert Merchant

"Our endorsements include many major medical associations, and we are recommended by numerous highly respected practice management consultants." - CareCredit, Inc.

LASIK and Vision Care:

·   American College of Eye Surgeons

·   Society for Excellence in Eyecare

Dentistry:

·   National Endorsements

·   American Dental Association

·   Academy of General Dentistry

·   American Academy of Periodontology

·   American Association of Oral & Maxillofacial Surgeons

·   State Endorsements

·   Alaska Dental Society

·   California Dental Association

·   Colorado Dental Association

·   Florida State Dental Association

·   Hawaii Dental Association

·   Indiana Dental Association

·   Kansas Dental Association

·   Kentucky Dental Association

·   Louisiana Dental Association

·   Maryland State Dental Association

·   Massachusetts Dental Society

·   Michigan Dental Association

·   Minnesota State Dental Association

·   New Jersey Dental Association

·   New York State Dental Association

·   North Carolina Dental Society

·   Ohio Dental Association

·   Pennsylvania Dental Association

·   South Dakota Dental Association

·   Tennessee Dental Association

·   Texas Dental Association

·   Utah Dental Association

·   West Virginia Dental Association

·   Wisconsin Dental Association

Cosmetic:

·   American Society of Plastic Surgeons

·   American Society of Dermatologic Surgery

Veterinary Medicine:

·   American Animal Hospital Association

·   California Veterinary Medical Association

·   Florida Veterinary Medical Association

·   Michigan Veterinary Medical Association

·   New York State Veterinary Medical Society

·   Ohio Veterinary Medical Association

·   Oklahoma Veterinary Medical Association

·   Texas Veterinary Medical Association

Hearing Care :

·   American Hearing Aid Associates

Other:

·   American Society of Bariatric Physicians

·   Lite and Hope

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