HME and Consumer Financing Options
Supporting consumer credit plays a key role in retail sales. What do providers need to know to support healthcare-specific credit cards — and reap the benefits?
- By David Kopf
- Jul 07, 2020
Consumer financing is becoming commonplace in post-acute healthcare, and that includes HME. Moreover, with retail sales playing such a pivotal role in provider revenues, accommodating credit is downright essential. However, there are still providers who are unclear on healthcare-specific financing options for HME. What's involved?
In the current episode of the HMEB Podcast, Randy Baldwin, vice president of Specialty Industries Marketing for healthcare credit card business CareCredit, and Claude Royster, vice president and general manager of specialty sales for Care Credit, join the podcast to discuss what providers need to know to about healthcare credit cards and how they can reap the benefits of supporting healthcare-specific financing options.
Download the episode on iTunes, Stitcher or Google Play, or listen to it here:
In the previous episode of the HMEB Podcast, Arturo Garcia, senior product manager of connected solutions for sleep therapy equipment maker ResMed, joined the podcast to look at how sleep therapy providers are leveraging virtual and digital solutions during the COVID-19 pandemic, and how those new protocols and care methods will improve sleep therapy in the post-pandemic future.
The HMEB Podcast examines essential news, trends, and developments, and interviews industry experts to find out how HME provider owners and operators can run efficient, profitable, and growing businesses with an eye on patient care. Make sure to subscribe on iTunes, Stitcher or Google Play, and start listening today!
About the Author
David Kopf is the Publisher and Executive Editor of HME Business and DME Pharmacy magazines. Follow him on LinkedIn at linkedin.com/in/dkopf/ and on Twitter at @postacutenews.