Point-of-sale financing company PatientFi® announces a strategic partnership with Genesis Credit to offer healthcare providers PatientFi Plus—a second-look financing solution fully integrated within the PatientFi platform.
The launch of PatientFi Plus with Genesis Credit will allow PatientFi to increase approval rates and offer more patients access to care, including plastic surgery and med spa services, according to company officials.
“PatientFi is relentlessly focused on creating a simple, intuitive experience for our platform users – both patients and providers,” says Derrick Hoag, chief product officer of PatientFi. “Genesis has been the right partner in the second-look financing space to help us achieve our objective to increase approval rates while maintaining what we believe is the best user experience in point-of-sale financing.”
PatientFi Plus will leverage proprietary technology from PatientFi and Genesis Credit to offer a waterfall financing solution within the existing PatientFi consumer application and Provider transaction portal. Moreover, patients will apply and be approved through one process and providers can manage Genesis and PatientFi transactions via one platform.
“We are excited to be working with a leader in point-of-sale patient financing that shares our commitment to affordable financial products,” adds Ed Haluska, chief commercial officer of Genesis Credit.