Introducing OxyCare Total Advantage PLUS™
Patient Financing to Increase Cash Sales!
A DME supplier can no longer survive while being dependent on Medicare for fee-for-service… with competitive bidding, stringent documentation requirements, lower reimbursement, post-payment audits, tightening Medicare purse strings—Medicare fee-for-service should only be a component of the supplier’s total income stream. There are 78 million baby boomers (people born between 1946 and 1964); they are retiring at a rate of 10,000 per day and are accustomed to paying for things out-of-pocket. The successful DME will be focused on selling upgrades and selling items for cash.
To help providers in this changing market, and to allow patients access to the best POC in the market, OxyGo is proud to introduce OxyCare Total Advantage PLUS. OxyCare Total Advantage PLUS is a revolutionary patient financing program for the home healthcare market — Patients can own their equipment with monthly payments, and Providers can get paid for the equipment immediately!
OxyCare Total Advantage PLUS has partnered with a leading financing company to bring providers a consumer installment sales financing program. Our surveys show that thousands of POC cash purchases are foregone due to lack of availability of patient payment plans. The OxyCare Total Advantage PLUS projects that POC sales will increase by 20% for Providers offering the program.
WHAT IS OXYCARE TOTAL ADVANTAGE PLUS?
OxyCare Total Advantage PLUS is fixed-term financing for patient purchases of $1,000 to $10,000, where patients can pay over months and providers get paid in 24-48 hours. It can be used to finance not only the OxyGo® family of POCs but any home healthcare equipment at a participating provider. There is no cost to the provider to sign up for OxyCare Total Advantage PLUS!
HOW DOES OXYCARE TOTAL ADVANTAGE PLUS WORK?
The Provider uses the portal payment calculator to determine the patient’s estimated monthly payment.
The Provider enters the patient’s information into the financing portal to create the credit application.
The financing portal alerts the Provider almost immediately if the applicant is approved. (This can be done in store or by phone.)
The Provider enters the patient’s auto-pay information into the portal to complete the contract. Both the patient and the seller e-sign the contract.
The Provider emails the sales receipt to the financing provider.
The financing partner pays the Provider in 24-48 hours.
Looking for more information? Contact us at 440-424-5845 or firstname.lastname@example.org