CarePayment Technologies, Inc.

Equities

CPYT

US14173D1037

Healthcare Facilities & Services

Market Closed - OTC Markets Other stock markets 11:04:00 2023-09-11 am EDT			5-day change	1st Jan Change
0.0003 ^USD	-.--%		-.--%	-.--%

2018	CarePayment Introduces USD 100 Million Secured Financing Facility from Ares Management	CI
2017	CarePayment Technologies, Inc. announced that it has received $7.5 million in funding	CI

CarePayment Introduces USD 100 Million Secured Financing Facility from Ares Management

October 15, 2018 at 07:29 am EDT

CarePayment has announced it has entered into a USD 100 million asset-backed revolving credit facility provided by funds managed by affiliates of Ares Management L.P. The financing facility with Ares will enable the company to continue to meet the strong demand from both providers and patients for its comprehensive, flexible and affordable, 0.00% APR payment plan solutions.

Latest news about CarePayment Technologies, Inc.

CarePayment Introduces USD 100 Million Secured Financing Facility from Ares Management	18-10-15	CI
CarePayment Technologies, Inc. announced that it has received $7.5 million in funding	17-12-06	CI
CarePayment Technologies, Inc. announced that it expects to receive $7.5 million in funding	17-11-29	CI
Comvest Capital Acts as Administrative Agent and Lender in Providing $90.0 Million Senior Secured Credit Facility for CarePayment Technologies, Inc	17-08-07	CI
CarePayment Technologies, Inc. announced that it has received $90 million in funding from Comvest Partners	17-08-06	CI
CarePayment Appoints Ben Panning as Vice President of Technology and Daniel Kutchel as Regional Vice President for Midwest	14-12-09	CI
CarePayment Technologies, Inc. and Aequitas Commercial Finance Enter into Amendment No. 4 to Promissory Note and Business Loan Agreement	12-12-27	CI
CarePayment Technologies, Inc. Announces Executive Changes	12-06-11	CI
CarePayment Technologies, Inc. Amends Loan Agreement with Aequitas Commercial Finance, LLC	12-03-09	CI

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Company Profile

CarePayment Technologies Inc. is a healthcare finance company. The Company enables people to manage their medical expenses. The Company offers solutions in healthcare and consumer finance. The Company provides patient finance solutions to hospitals, physician practices and ancillary service providers. The CarePayment program is a payment plan sponsored by the healthcare provider to enable patients for paying their outstanding balance due after insurance has paid their portion, but without interest, through monthly payments. The Companyâs primary product is an annual percentage rate (APR) open-ended revolving line of credit. Its co-branded patient engagement program with the healthcare providers includes onsite materials to explain the CarePayment program, follow-up materials that are mailed to patients, co-branded membership card and co-branded marketing and public relations program. It assesses collection performance by analyzing financial data and historical patient-pay performance.

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Healthcare Facilities & Services

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Sector Other Healthcare Facilities & Services

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