Synchrony Expands Dental Payment Offerings with Adit Practice Management Software Partnership


The partnership expands CareCredit’s service offerings to dental offices nationwide and includes “Adit Pay” integration with patients;

Partnership provides Adit users with simplified payment options

Stamford, Connecticut, April 18, 2024 /PRNewswire/ — Today, Synchrony (NYSE: SYF), a consumer financial services company, announced a new partnership with Adit, a leading provider of dental practice management software. Dentists are increasingly looking to outside support to provide financing for patients while ensuring patients get the experience they want and the financial support they need.1

“Connecting patients with their dental practice’s payment solutions is an important part of ensuring their care journey goes as smoothly as possible,” said Matt Muscolo, senior vice president and general manager of Synchrony Dental Practices. “As margin pressure continues, Health’s Practices depend on effective and timely revenue cycle management, which is where financial solutions like CareCredit and operational technology like Adit can take the burden off practitioners’ shoulders.”

Providing these solutions to patients is especially important as more than half (58%) of consumers report being unable to afford dental care, and for those without dental insurance, this is especially important, according to the company's recently released Dental Lifetime. One figure rose to 75% nursing studies. CareCredit is one of the industry's first health and wellness credit cards to help patients pay for long-term care and is endorsed by major dental industry bodies, including the American Dental Association (ADA), Academy of General Dentistry (AGD) and the American Association of Dental Practice Managers (AADOM).

The new partnership with Adit will integrate CareCredit into Adit Pay, allowing dental practices to offer CareCredit as a financing option to patients in a seamless and easy-to-use manner. CareCredit’s innovative batch rapid screening will also help practitioners know when a patient’s health credit card is pre-approved.

“At Adit, our developers understand that creating a high-value dental business starts with laying a solid foundation, which is based on creating a satisfying customer experience and efficient operations,” said But Jaffer, CEO of Adit. “Our partnership with Synchrony to integrate CareCredit's products into our technology is just another way we are strengthening our foundation for providers.”

CareCredit is integrated into top dental practice management software solutions, making it easy for dental teams to deliver services to patients and facilitate patient requests. Dental patients looking for a modern, flexible way to pay for dental care can check to see if they are pre-qualified for a dental practice on any smart device without affecting their credit score, or they can apply over the phone.

Credit decisions are made within minutes, and if approved, patients can pay the dentist immediately from their account. CareCredit offers a variety of financing options, with terms ranging from 6 months to 60 months, depending on the purchase amount.Additionally, patients can use CareCredit Payment Calculator Help estimate their monthly payments based on the amount of care funded and financing options selected.

“Patient expectations are constantly changing, and dental professionals need to adapt their practices accordingly,” says Josh Gosnell, Vice President of Revenue at Adit. “Adit's seamless integration with other popular systems and technologies like CareCredit enables practitioners to overcome these barriers by transforming practice, enhancing patient care and helping you thrive in today's ever-changing environment.”

Synchrony has been a leader in consumer lending for more than 90 years, and its CareCredit credit card has been a leading provider of financial solutions in the dental field for more than 35 years. Today, CareCredit is accepted by more than 270,000 healthcare providers and retail locations, including more than 117,000 dental care locations. For more information, please visit www.CareCredit.com.

About Edit
Founded in 2012, Adit Provides a suite of dental software products that help dental practices manage their operations, improve patient communication, increase production and enhance patient care. Adit's All-in-one dental software used by various dental offices USA and around the world.

About synchronization
Sync (NYSE: SYF) is a leading consumer financial services company offering one of the industry's most complete suites of digital products. Our experience, expertise and scale span a wide range of industries including digital, health and wellness, retail, telecoms, home, automotive, outdoor, pets and more. We have an established and diverse group of national and regional retailers, local merchants, manufacturers, purchasing groups, industry associations and healthcare providers that we call our “Partners.” We connect partners and consumers through a dynamic financial ecosystem, providing them with diverse financing solutions and innovative digital capabilities to meet their specific needs and provide seamless, full access experience. We provide customers with appropriate financing products through the channels of their choice.For more information, please visitwww.synchrony.comand twitter:@Synchronize.

Media Contact

Angela Ledford
Adit
[email protected]

Michelle Braia Romero
synchronicity
[email protected]
(626) 250-1415

1 Nursing Credit. October 19, 2023. Dental Lifelong Care Study. https://www.carecredit.com/providers/insights/dental-lifetime-of-care-study/

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