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5 Reasons Why Momnt Patient Financing Makes the Patient Experience Better

Patient financing can be stressful—for both providers and patients. From asking for personal details about someone’s financial history to informing a patient that they’ve been declined for funding, uncomfortable situations can happen throughout the process. At Momnt, we intentionally made it our mission to remove the stress from patient financing. We’ve done just that by creating a transparent and pleasant financing experience for your patients, and your team.

5 Reasons Why Momnt Patient Financing Makes the Patient Experience Better

Patient financing can be stressful—for both providers and patients. From asking for personal details about someone’s financial history to informing a patient that they’ve been declined for funding, uncomfortable situations can happen throughout the process. At Momnt, we intentionally made it our mission to remove the stress from patient financing. We’ve done just that by creating a transparent and pleasant financing experience for your patients, and your team.

Two healthcare professionals sitting and looking at a laptop together
Blog Article
Nov 4, 2022
5 min read

Patient financing can be stressful—for both providers and patients. From asking for personal details about someone’s financial history to informing a patient that they’ve been declined for funding, uncomfortable situations can happen throughout the process. At Momnt, we intentionally made it our mission to remove the stress from patient financing. We’ve done just that by creating a transparent and pleasant financing experience for your patients, and your team.  

Capitalizing on every opportunity to improve the patient’s experience was important to us. Here are 5 distinct reasons why Momnt stands out among the crowded patient financing space.

1. Patients have complete privacy during the application process

Our completely digital platform ensures complete privacy for your patients. Patients are completing their application on their own (in the office, or at home), and receiving their funding decisioning privately. This is especially helpful for offices that do not have a designated consultation room that they can have a sensitive conversation in.

2. Flexible and affordable payment options allow patients the freedom to select a budget-friendly plan

We offer the perfect balance of promotional financing, and fixed-payment loans. Your patients will have the opportunity to view different loan options (based on your customization) and select a loan that works within their monthly budget. Additionally, your patients will see their loan offers, approval amount, assigned APR, and estimated monthly payments based on a soft-pull inquiry.

3. An easy-to-use online portal and world-class customer service make the payment process simple and convenient

We have streamlined the patient experience for loan repayment. Your patients will enjoy the ease of use in our online portal, as well as the friendly account services team, who are U.S. based and exceptional at answering questions and assisting when needed. Furthermore, Momnt’s loans are non-recourse meaning that in the unlikely event of a patient falling out of repayment, you will retain your deposited funds without them being pulled out of your bank account.

4. Our high credit limits provide patients with the buying power to choose the care that they genuinely want and need

At Momnt, we understand that comprehensive treatment can often come with a higher-than-expected patient cost. Our loans have a maximum limit of $55,000, which allows your patient to receive optimal treatment at an affordable monthly payment.

5. The 5-month transaction window allows patients the time to make an informed decision without feeling any pressure

Oftentimes, a patient’s treatment plan is not complete in just one visit. With our 5-month transaction window, your patients can initiate their treatment and give you the flexibility to collect your funds in a way that makes sense to your practice.  

People deserve a simple and compassionate way to pay for care. We are proud to show that patient financing does not have to be difficult or uncomfortable. Implementing Momnt patient financing at your practice will ensure your patient’s satisfaction and help them feel supported every step of the way.

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