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Sycle OTC Hearing Industry Panel Discussion Post Event - July 2021

Are there Easy Patient Financing Options for Hearing Aids?

Ridge Sampson

July 20, 2015

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Question

Is there an easy financing program for my patients that won’t take me a lot of time to implement or execute?

Answer

Sycle Patient Financing is fully integrated into Sycle. There are no other websites to visit, no phone calls to make, and no paperwork to fill out. There are two key differentiators when you look at Sycle Patient Financing versus other options - automatic prescreening and instant approval capabilities. It’s pretty remarkable technology.

When a patient first books an appointment, Sycle automatically runs a preapproval check to see if the patient is eligible. Within just a few seconds the system provides an estimated amount for which the patient has been approved. All this happens without the Sycle user ever having to leave their appointment screen. If the patient wishes to proceed with financing at the time of their appointment the final approval is instant with just a couple of mouse clicks.

This is important because it allows the hearing care provider to know ahead of time that the option to finance hearing aids exists for that patient. It means the provider can confidently make a recommendation for the very best equipment to help treat that patient if they know there are flexible payment options.

To learn more about using Sycle as your practice management system, 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.


ridge sampson

Ridge Sampson


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