ASCRS 2024: CoFi integrates with CareCredit and marks participation milestone for ophthalmologists and optometrists

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Sean Hanlon, CEO of CoFi, details the patient and provider benefits of recent CareCredit integration

At this year's ASCRS meeting in Boston, Massachusetts, Ophthalmology Times spoke with CoFi CEO Sean Hanlon. Here's what he had to say about CoFi's recent milestones, including the company's partnership with CareCredit.

Editor's note: The below transcript has been lightly edited for clarity.

Hi, I'm Sean Hanlon. I'm the CEO of CoFi. CoFi is a payment software company that enables patients to pay multiple providers involved in a surgery at one time. And we're really excited to be here at ASCRS and ASOA in Boston. We're based in Boston, so we're excited that the show is here, and it's great to see everybody.

A couple things that we're particularly excited about. Number one is we have announced the launch of our new integration with CareCredit. We're enabling multi-party or multi-provider patient financing, so patients can finance an entire procedure, including the surgeons' fees and any of their surgical partners' fees, like a surgery center, or a comanaging optometrist, and so on. The patient can have a single financing event. Those other partners just simply need to have a CoFi account in order to receive their funds. And so both CoFi and CareCredit are excited about this partnership, and excited to launch it; nationally, it's now commercially available.

The other thing we're excited about is CoFi, since we launched our company and launched our product, I should say, just under 3 years ago, we've now eclipsed 5,000 ophthalmologists and optometrists on our platform, a number that's growing by the hundreds every month. I think that's a testament to the fact that we've built, you know, a product that's solving some real needs in the market around payment compliance and payment convenience for patients, and convenience and sort of reduction of administrative burden for practices. So, always excited to come to ASCRS, and particularly excited this year. Hope to see folks while they're here or connect with you after the meeting. Thank you.

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