Apria Healthcare Group, a medical equipment provider based in Lake Forest, Calif., is joining forces with CarePayment, a financial engagement company based in Nashville, Tenn., to expand payment options for patients.
Here are three things to know about the partnership.
1. Under the partnership, Apria patients who receive home medical equipment and home care supplies will have access to CarePayment's financing solutions, according to a news release.
2. CarePayment's 0 percent APR payment program allows patients to spread out their medical expenses with monthly payments and no credit bureau reporting, the release states.
3. "Americans are increasingly burdened by the rising out-of-pocket costs in our healthcare system. By the time patients get to us, they are desperate for tools and support that will allow them to live comfortably in their own homes. Unfortunately, extended illnesses often leave them struggling to make ends meet. We are so pleased to be able to offer our customers a solution that can help reduce the financial anxieties of managing medical conditions at home," Apria CEO Dan Starck said in the release.