Increase treatment acceptance by 40-60% with flexible patient financing solutions
In today's competitive healthcare landscape, offering flexible payment options isn't just an advantage—it's essential. Cherry Payment empowers your practice to say "yes" to more patients while improving cash flow and reducing administrative burden.
Get paid within 24-48 hours while patients pay over time. Eliminate accounts receivable delays and collection hassles.
Convert price-sensitive consultations into confirmed treatments. Patients commit when payments are manageable.
Patients opt for comprehensive treatments when financing removes budget constraints. Increase average procedure value.
Cherry assumes all credit risk. You're guaranteed payment regardless of patient circumstances.
Quick setup with minimal training required. Most practices are live within days, not weeks.
Patients apply from their phones. No paperwork, no waiting, just instant decisions that keep consultations moving.
The process is designed to be seamless and non-disruptive to your practice workflow:
1. Consultation: During treatment planning, present financing options alongside your clinical recommendations.
2. Application: Patient applies via QR code, tablet in office, or at home on their device. Takes 2 minutes.
3. Instant Decision: Real-time approval with immediate financing amount. No awkward waiting or callbacks.
4. Treatment Booking: Patient schedules with confidence knowing payment is arranged.
5. Payment: Cherry pays your practice directly within 24-48 hours of treatment completion.
Challenge: High consultation-to-treatment dropout rate due to cost concerns, particularly for procedures over $5,000.
Solution: Implemented Cherry financing with staff training on presenting payment plans early in consultations.
Results:
How you introduce financing options significantly impacts acceptance rates. Follow these proven techniques:
Introduce financing early in the consultation, not as a last resort when a patient hesitates. Frame it as a standard option available to all patients, removing any stigma around affordability.
Instead of saying "the procedure costs $6,000," say "many patients find it manageable at $203 per month." Monthly payments feel significantly more achievable.
Display Cherry brochures and posters in your waiting room and consultation rooms. Familiarity breeds comfort.
Everyone from front desk to treatment coordinators should be comfortable discussing financing. Consistency builds trust.
Anticipate common questions about credit checks, approval odds, and interest rates. Have clear, honest answers ready.
"Based on your goals, I recommend [treatment plan]. The total investment is [amount], or many patients choose to use our Cherry financing which makes it about [monthly payment] per month. Would you like me to show you the payment options while we're together?"
Cherry charges a transaction fee (typically 5-8%) that you can either absorb as a cost of doing business or pass to patients. Many providers find the increased conversion more than offsets the fee.
Funds are typically deposited within 24-48 hours of treatment completion and documentation submission.
Cherry's 85% approval rate means most patients qualify. For those who don't, you can still use your existing payment arrangements.
Absolutely. Most practices offer Cherry alongside CareCredit and other options, giving patients maximum flexibility.
Cherry covers virtually all aesthetic and elective medical procedures: cosmetic surgery, dental work, dermatology, ophthalmology, fertility, and more.
Cherry finances procedures from $250 to $25,000, covering everything from minor treatments to major surgeries.
Join 15,000+ providers who've increased their revenue with Cherry
Become a Cherry ProviderSetup takes 10 minutes • Go live in 1-3 days