Momnt Launches Healthcare Financing for Practices
ATLANTA, GA Nov 2, 2021 – (BUSINESS WIRE) Momnt formerly known as Artis is excited to announce the launch of the company’s newest division: Momnt Healthcare Financing. This new vertical allows for practices such as dental, veterinary, and elective medical to provide low-friction, affordable financing to their patients at the point of need. The completely digital platform presents customers with instant offers, ensuring a frictionless experience for both practices and patients.
The company launched its point-of-need lending platform in 2020, beginning in the home improvement industry. This latest announcement will expand its services into a healthcare sector long in need of an updated credit solution.
CEO of Momnt, Barclay Keith states, “Healthcare practices have been stuck using outdated solutions for providing financing options to their patients. At Momnt, we’re able to bring a premier technology platform to practices so they can give patients a better, easier experience when choosing how to pay out-of-pocket for their healthcare.”
Momnt has seen tremendous success in the home improvement industry and healthcare is the natural next step forward. The Momnt team has the right product and talent to support the needs of practices large and small and help their businesses succeed.
Chris Bracken, CRO of Momnt, said, “In looking at the healthcare financing space, we knew our technology would immediately advance the experience for both healthcare practices and patients. We have assembled a healthcare team dedicated to serving large, multi-location practices as well as single location practices, matching our technology with a team that knows the industry inside and out.”
The new healthcare team will serve practices of all kinds, however, it is the dental industry that will be the initial focus. Dental practices often face resistance when recommending treatment due to the cost of important procedures such as implants, crowns, veneers, and braces. Through Momnt, patients can view promotional financing offers at no risk, so they can afford the treatment they want and need without being limited to insurance coverage or cash on hand.
The Momnt platform simplifies the financial conversation for both patients and practices, giving the patient multiple payment options that make procedures affordable, all without sacrificing the profitability of the practice. Practices will enjoy the ease of no paperwork, instant decisions, competitive rates, and being able to offer patients larger credit lines than previously accessible. Patients will benefit from the ability to afford recommended procedures and view offers without impacting their credit score.
Practices seeking to learn more about offering promotional financing to patients can visit pages.momnt.com/healthcare.
Momnt powers modern lending solutions for businesses to provide affordable, low-friction financing to their customers at the point of need – all funded by trusted lending partners. Its API-based platform leverages alternative data sources and ML/AI-informed decisioning to present real-time loan offers fit to each individual borrower, all done within the banking industry’s current regulatory infrastructure. Visit momnt.com for more information and career opportunities, or follow Momnt on LinkedIn.