what percentage does care credit charge providers

If a patient is paying with Care Credit there is a 3% increase on the original quote given. It is recommended that all health care providers follow these several points: If your interest rate is more than twelve percent (many charge interest at eighteen percent or one and a half percent per month), it is recommended that you re-adjust your interest charge from the higher rate to twelve percent, advise your patient in writing of the change, and recalculate all receivables that have a higher than twelve percent rate. Healthcare providers need to think beyond getting paid and consider potential patient hardships the cards could place on their patients, said Gina Calabrese, co-director of the Public Interest Center at St. Johns University School of Law. The catch is really for the provider: they pay the interest on the transaction. The CareCredit Card is accepted at more than 225,000 providers, but its not a general-use card that youd also reach for when making nonmedical purchases. For planned medical expenses, a credit card charging 0% interest on new purchases can give you time to pay down a balance. Email: