New web-based platform provides an even simpler, streamlined patient application process.
Charleston, SC – March 3rd, 2015. SimpleSelect Patient Finance® officially announces the launch of their new application and loan processing platform. The platform has been designed to make the installment loan process as easy to transact as a medical credit card program. SimpleSelect providers are now able to have their patients securely apply at www.simplepatientfinance.com and can do so on any computer or tablet.
After clicking the “Apply Now” link, the patient fills out a simple credit application, agrees to the terms and disclosures, and securely submits the information for processing. Once submitted, both the patient and provider are immediately notified about the status of the application. When approved, the provider can use the platform to adjust the loan terms and to initiate the simple loan document signing process.
“Credit card financing transactions have traditionally been easier than transactions involving a set of loan documents. We realized early on that if we could match the ease of use of a credit card, we could really compete in the industry because our loan product is a more viable option for financing a larger ticket elective medical procedure,” said Daniel O’Connor, CEO.
Mr. O’Connor continued by saying that SimpleSelect has also added features to the platform to better assist the provider’s front office staff. “2014 was a very productive year for us. We learned a lot about what providers needed to make their lives easier. Office managers, patient coordinators, and other staff members gave us insight into issues they face when trying to assist patients with financing and they provided great suggestions for enhancing the process. That advice was used, and new tools have been developed such as training videos, customized reporting features, and notes for declined applications. SimpleSelect has become not just the smarter loan option for patients, but also the easier option for providers.”