Proceed Finance In the healthcare industry, cash flow can be as important as profits when it comes to determining your success or failure in any given year. One way healthcare providers can increase their cash flow is by growing their patient base, but this can be difficult to do if you don’t have the resources you need to finance services upfront. Fortunately, a financial tool like Finance can help healthcare providers connect with patients and streamline the financing process.
About Proceed Finance:
Proceed Finance has helped over 100,000 patients undergo a range of cosmetic procedures such as non-surgical facelifts, liposuction, tummy tucks and breast enlargements. Patients may choose from over 1,800 medical providers nationwide to satisfy their specific needs for anti-aging treatments and surgeries.
Benefits of Proceed Finance:
Expanding your patient base is key to a thriving business. Unfortunately, too many physicians are unable to provide financial services for their patients because it’s difficult and expensive. Finance simple and straightforward patient financing makes it easy for providers to offer high-quality care and services in a cost-effective manner. Instead of focusing on being profitable, these businesses can focus on providing outstanding service. For example, medical spas often charge an arm and a leg for a day at their facility but patients need not worry about carrying that expense thanks to Proceed Finance.
High end clothing stores don’t have to spend time working with people who can’t afford an item but need it right away; instead, they can welcome new clients thanks to Proceed. No matter what type of provider you run, you can increase your customer base by offering payment plans through Proceed. It’s a win-win situation! The money comes from us, so we’re taking some risk out of your equation.
Finance the result? You can provide more services or products to customers while maintaining quality control over your clientele. As you might imagine, that makes both us and our customers happy! Proceed also allows providers to compete against bigger chains without breaking a sweat. If you want to stand out in today’s marketplace, offer financing options for patients who wouldn’t normally be able to afford treatment. This gives your business an edge against competitors who either can’t help those people or choose not to do so.
Here’s an example of what one of these posts might look like: How to Buy Your First Home for Under $300k in NYC and Still Have Money Left Over, How to Buy Your First Home for Under $300k in NYC (and Still Have Money Left Over!) Let’s face it buying your first home is exciting but scary. There are so many steps involved, from finding an affordable home to figuring out how much money you can afford every month. And then there’s closing costs, insurance and down payments. it’s enough to make anyone’s head spin. So how do you buy your first home without breaking your budget?
Future of Proceed Finance:
For fiscal year 2017 Bonded Finance has set a goal of $50 million in financing options. The company’s patient-advocacy plan including text messaging and website notifications—has shown a conversion rate that exceeds 50 percent for repeat patients using its service for repeat purchases. During 2017, sales are expected to grow by 50 percent over 2016 figures as Proceed continues to expand.
We believe one of our most valuable assets is our clients, Logan says. In essence, they help us sell themselves. They refer other providers to us because they know we have their best interests at heart. That’s something you can’t buy with advertising dollars. It comes from a personal connection between provider and patient. And it’s what will keep Proceed on track toward its goals well into 2018 and beyond.