Wellfit Technologies Announces Partnership With Patterson Dental and Launch of CarePay+™ Solution

Rhea-AI Summary

Wellfit Technologies has announced a partnership with Patterson Dental to launch CarePay+, a platform aimed at optimizing patient care and payment management in dental practices.

CarePay+ integrates Wellfit’s healthcare SaaS management with Patterson Dental’s Eaglesoft practice management software. The platform is designed to offer a more convenient and transparent financing experience, addressing modern patient expectations.

CarePay+ is now available to all new and existing Eaglesoft customers. Both companies' executives have expressed their enthusiasm for the collaboration and its potential to enhance the dental practice operational efficiency and patient engagement.

Positive

• Partnership with Patterson Dental enhances market reach and credibility.
• Launch of CarePay+ offers a comprehensive solution for patient care and payment management.
• Integration with Eaglesoft practice management software expands the product's utility.
• Addresses modern patient expectations for convenience and transparency in financing.
• Potential to streamline operations and improve patient engagement in dental practices.
• Available to all new and existing Eaglesoft customers, broadening the user base.

Negative

• No direct financial data or revenue projections disclosed, leaving potential investors in the dark about financial impact.
• Success heavily dependent on the adoption rate among Eaglesoft users.
• Competitive market for healthcare and dental SaaS solutions may limit the initial uptake.

IRVING, Texas--(BUSINESS WIRE)-- Wellfit® Technologies, Inc., (Wellfit), a healthcare technology platform that provides streamlined dental financing, discount plans and payment processing, announces its partnership with Patterson Dental, and the launch of the CarePay+ solution, powered by Wellfit.

CarePay+ is a comprehensive platform designed to optimize patient care and payment management within dental practices. This innovative offering combines Wellfit’s expertise in healthcare SaaS management with Patterson Dental’s Eaglesoft® practice management software. CarePay+ is now available to all new and existing Eaglesoft customers.

“We are excited to collaborate with Patterson Dental to launch the CarePay+ solution,” said Fulton Collins, CEO of Wellfit Technologies. “Patients today expect a more convenient, efficient, and transparent financing experience. CarePay+ addresses these needs by integrating the ease of use of the Eaglesoft solution with the various payment options provided with CarePay+.”

Patterson Dental's Brad Joseph, VP of Software Product Management, also expressed enthusiasm for the collaboration. “Our mission has always been to support dental professionals in delivering high-quality care. The integration of CarePay+ with Eaglesoft aligns perfectly with this goal. We're confident this innovative financing solution will change the way dental practices operate and engage with patients.”

The CarePay+ solution is a game-changer for dental practices seeking to improve patient engagement, streamline operations, and enhance the overall patient experience.

Current Eaglesoft customers can learn more about Patterson CarePay+ at www.pattersondental.com/carepayplus or by calling 866.590.3384.

About Wellfit Technologies, Inc.

Wellfit is a healthcare technology platform that makes patient financing, dental plans and payment processes simple, transparent and cost-effective for providers and patients. Wellfit is a comprehensive solution that helps providers increase treatment acceptance, lowers transaction and administrative costs, and provides transparency to help improve patient trust and retention. For more information, visit wellfit.com

About Patterson Companies Inc.

Patterson Companies Inc. (Nasdaq: PDCO) connects dental and animal health customers in North America and the U.K. to the latest products, technologies, services and innovative business solutions that enable operational and professional success. Our comprehensive portfolio, distribution network and supply chain are equaled only by our dedicated, knowledgeable people who deliver unrivaled expertise and unmatched customer service and support. Learn more: www.pattersoncompanies.com.

Eaglesoft is a registered trademark of Patterson Dental.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240529933308/en/

Angela Ausman

media@wellfit.com

817-309-7735

Source: Wellfit Technologies, Inc.

FAQ

What is CarePay+?

CarePay+ is a comprehensive platform designed to optimize patient care and payment management in dental practices, launched by Wellfit Technologies in partnership with Patterson Dental.

How does CarePay+ integrate with Eaglesoft?

CarePay+ combines Wellfit’s healthcare SaaS management with Patterson Dental’s Eaglesoft practice management software, enhancing payment and care management.

When was CarePay+ launched?

CarePay+ was announced and launched in October 2023.

Who can use CarePay+?

CarePay+ is available to all new and existing Eaglesoft customers.

What are the benefits of using CarePay+?

CarePay+ aims to improve patient engagement, streamline dental practice operations, and provide convenient and transparent financing options.

How can existing Eaglesoft customers learn more about CarePay+?

Existing Eaglesoft customers can learn more about CarePay+ at www.pattersondental.com/carepayplus or by calling 866.590.3384.