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CareCredit celebrates 25th anniversary

January 10, 2012

CareCredit is celebrating its 25th anniversary of helping patients finance their health care.

The only health care financing company endorsed by ADA Business Resources, CareCredit was established in 1987 as a way for patients to pay for new dental implant technology. CareCredit is now a credit card, and the company's focus is solely on health care financing options. In the last 25 years, CareCredit has helped more than 20 million patients get care and the card is now accepted at more than 90,000 enrolled dental practices.

"It's been a privilege to serve the doctors and teams who make CareCredit available to patients," said Dave Fasoli, president, CareCredit. "Reaching our silver 25th anniversary is important, but in many ways we view it as only the beginning. Helping patients access care is a long-term commitment that we have embraced as a company. We will continue to work hard to meet patients' changing needs, so more can hear better, see better, feel more confident and smile wider."

Enrolled provider feedback confirms strong satisfaction with offering CareCredit as another payment option, with over 95 percent of cardholders and providers rating it as a fair to excellent value.

"Twenty-five years ago, I added CareCredit because I believe every patient should have access to my best care recommendations," said Dr. Gary Weiner, the first doctor to enroll with CareCredit in 1987. "Patients want to be healthy and many prefer a payment option that's convenient for them. In any economy, CareCredit is relevant and helpful to patients."

"Patients need another way to pay for their orthodontic care," added Dr. Ross Drangsholt, the 150,000th doctor to make the program available. "We had tried another program, but were not getting the service we needed. Adding CareCredit just made sense, especially today."

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