How Can I Set Up Sycle's Patient Financing?

Question

Answer

The setup process couldn’t be easier. Just search for any patient in Sycle and on their Patient Summary page you’ll see a HealthiPlan banner. Just click on it and fill out the application. Or simply contact a Sycle representative at (888) 881- 7925. We can zip you through a quick demo and get you signed up on the spot. There is no risk or cost to the clinic to join the program.

Integration is very slick. It all starts when the Sycle user books an appointment for a patient on the appointment calendar within Sycle.

After entering the patient’s information and appointment, Sycle Patient Financing automatically runs a soft check on the patient. This is what we call the prescreen. This in no way affects the patient’s credit. It simply allows Sycle Patient Financing, within a matter of a few seconds, to report back with an estimated approval amount.

The amount is noted within the patient’s appointment on the calendar screen. You can actually roll your mouse over the appointment to see the preapproval amount.

After the patient has been seen in the clinic the hearing care provider is able to communicate the preapproval status to the patient with great confidence they will be offered that amount. If the patient chooses to proceed, the provider can do the complete credit check and initiate the program. Again, this is the instant approval. They then print the forms for the patient for signature. The clinic receives the payment from Alliance Data within 72 hours. And there you have it.

With Sycle Patient Financing’s automatic prescreening and instant approval process, patients are able to make the right decision in that critical moment - when they are in the practice seeking treatment.

For more information, visit sycle.net.  This Ask the Expert is an excerpt from an interview on the topic of patient financing - read the interview here.  Learn more about Sycle.net on the Sycle.net Expo Page on AudiologyOnline.