Conformis (Nasdaq:CFMS) officials are betting that a special credit card could get more people to opt for upgraded orthopedic surgeries.
The Billerica, Massachusetts–based ortho surgery tech company at AAOS 2022 today announced a partnership with Synchrony (NYSE:SYF) to add Conformis’ Image-to-Implant Platinum Services program to Synchrony’s CareCredit credit card offering.
More than 250,000 providers and health-focused retail locations, including 20 health systems, accept the CareCredit card, according to Conformis and Synchrony. There are more than 11 million cardholder accounts.
People selecting a fully personalized Conformis implant could gain more access to flexible payment options through the partnership. Synchrony says the card includes special financing options geared toward people who need to handle out-of-pocket medical costs.
“Increasingly, patients undergoing orthopedic care, such as joint replacement, are choosing upgraded services that can result in out-of-pocket costs to the patient,” Conformis CEO Mark Augusti said in a news release. “We are excited about our marketing collaboration with Synchrony, which will allow medical facilities to offer CareCredit‘s convenient payment options to patients for these costs.”