Chase Card Services Announces ChaseHealthAdvance

launches elective healthcare financing division to offer providers and patients flexible financing options
Posted: March 14, 2008

Chase Card Services Announces ChaseHealthAdvance financing options and the
Acquisition of Unicorn Financial
 
Chase launches elective healthcare financing division to offer providers and patients flexible financing options

WILMINGTON, Del. – March 3, 2008 – Chase Card Services, a division of JPMorgan Chase & Co. [NYSE: JPM], announced today that it has finalized the acquisition of Unicorn Financial Services, a leading patient financing company.  The combined company officially launches its expanded set of patient financing products today as ChaseHealthAdvance financing options.
 
Rising medical and dental costs have created a need for new and adaptive healthcare financing options.  In addition, the demand for elective procedures ranging from dental, vision correction and cosmetic procedures to veterinary care for pets, is increasing at a rapid rate.  The knowledge base that Chase has built in providing consumer credit to millions of credit card holders prompted Chase to develop ChaseHealthAdvance.
 
“As a premier and trusted financial institution, Chase is able to offer affordable, flexible options for those looking to finance healthcare procedures, as well as provide competitive service fees for providers,” said Hugh Bleemer, general manager, ChaseHealthAdvance.
 
ChaseHealthAdvance benefits to providers and patients include:
·         Flexible, no-interest payment plans;
·         Very competitive service fees for providers;
·         New extended payment plans;
·         Higher approval rates;
·         Credit lines to provide for current and future procedures; and
·         Superior customer service for providers and patients. 
 
Additionally, medical practitioners will have access to all of Chase’s financial products, such as business banking, real estate financing, equipment leasing, cash management, credit card processing, and loan products.
 
Chase has designed attractive no interest payment plans with low competitive service fees exclusively for orthodontists to offer their patients. For more information on ChaseHealthAdvance financing options, visit www.chasehealthadvance.com or call 888-388-7633 to speak with a Chase Practice Consultant.
 
Chase is the bank that keeps pace with consumers’ busy, dynamic lifestyles by providing competitive products and services with great service and valuable features.
 
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.6 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers and businesses in the United States and many of the world’s most prominent corporate, institutional and government clients under its JPMorgan and Chase brands. Information about the firm is available at www.jpmorganchase.com.
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