PYMNTS.com June 7, 2023
Masks and restrictions may be gone, but changes wrought by the pandemic are here to stay, and they’re continuing to evolve into other areas of healthcare — like wellness — and consumers need ways of paying for such services, which are usually not covered by insurance.
That’s the short version of the expansion happening now in healthcare financing. It’s exemplified by the news that Synchrony is enlarging the circle of providers who now offer its care now, pay later financing option, the CareCredit card, to wellness practices that fall outside of strict medical and clinical use cases.
“There is evidence that no longer is it [only] about being sick or well,” said Alberto Casellas, EVP and CEO of Health and...
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