Do you use Patient Finance
Some of our clients have had great success using 0% patient finance initiatives to allow patients to pay for high cost treatments over 6-24 months.
Medenta one of the providers of this have recently reduced their rates and I have copied below their latest rate review.
IMPORTANT NEWS FROM MEDENTA
RATE REVIEW - 01st JULY 2010
We are delighted to inform you that new reduced rates for the majority of the 0% APR interest free options will be in operation as of 01st July 2010!!
You will notice from the attached rate card that the bandings for the 0% APR facilities have been rationalised and this in conjunction with the reductions means that for all bar two of the categories which remain the same, the reductions reflect a saving ranging from 0.65% to 2.35%. The rates for the 7.9% Low Cost and Buy Now Pay Later facilities remain unchanged.
Thanks to some excellent client feedback we have taken the opportunity to look at some new ideas to make the 0% APR product more cost effective for you over longer terms and these have been extremely very well received in all of the practices where they have been piloted. Longer 0% APR terms are obviously very attractive to patients!
If you don't currently offer your patients finance and would like to please visit http://www.medenta.com for further details.