PatientFi provides a digital financing platform that offers patients flexible monthly payment plans for elective health, beauty, and wellness procedures, enabling them to access treatments without upfront costs. By utilizing a holistic credit assessment approach, PatientFi increases approval rates and financing amounts, making elective care more accessible to a broader range of patients.
Funding
$92.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
QCFounders
Product
Problem
Many patients are unable to afford elective healthcare procedures due to high upfront costs and limited access to financing options. Traditional financing methods often rely heavily on credit scores, leading to low approval rates and preventing a significant portion of patients from accessing necessary or desired treatments.
Solution
PatientFi provides a digital platform that connects patients with accessible and flexible payment plans for elective health, beauty, and wellness procedures. By employing a holistic credit assessment, PatientFi increases approval rates and offers higher financing amounts compared to traditional lenders. The platform offers friendly monthly payment plans, enabling patients to undergo treatments and procedures immediately while paying over time. PatientFi's fully digital application process is designed to be fast, simple, and easy to use, ensuring a user-friendly experience for both patients and healthcare practices.
Target Audience
The primary target audience includes patients seeking financing for elective healthcare procedures, as well as healthcare practices looking to offer flexible payment options to their patients.
Features
- Digital platform providing access to payment plans for elective healthcare procedures.
- Holistic credit assessment approach for higher approval rates and financing amounts.
- Monthly payment plans to make elective procedures more affordable.
- Fast, simple, and fully digital application process.
- Soft credit checks to allow patients to check rates without impacting their credit score.
- Integration with healthcare practices in various specialties, including plastic surgery, cosmetic & skin, dental, vision, fertility, and hearing.