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COMPLETECARE ANNOUNCES NATIONAL CREDIT PROGRAM

 COMPLETECARE ANNOUNCES NATIONAL CREDIT PROGRAM
 LITTLE ROCK, Ark., Dec. 2 /PRNewswire/ -- Physicians,


hospitals, dentists and other service providers can increase their cash flow while helping patients or customers pay bills more efficiently under a national credit-card program announced by CompleteCare, Inc., a Little Rock, Ark.-based company.
 CompleteCare, Inc., runs the program jointly with Beneficial National Bank USA of Peapack, N.J., one of the largest private-label credit-card companies in the nation, and a subsidiary of Beneficial Corporation of Wilmington, Del.
 The program is known as CompleteCare. Members of the CompleteCare network -- those in the medical and other fields -- receive reimbursements of up to an approved $5,000 for the accounts of their creditworthy patients or customers after the sales slip is received by CompleteCare. CompleteCare then collects from the patient or customer under a monthly revolving credit account.
 "But creditworthiness is not a requisite for getting a CompleteCare card," said Steve Owen, president of CompleteCare, Inc. "Virtually every patient will receive a credit card by applying for this program."
 The new program relieves medical offices and other service industries of expensive billing and collection tasks, immediately increasing cash flow.
 CompleteCare also will handle the bills of patients or customers who do not meet the pre-approved credit criteria. Bills for these customers are settled with CompleteCare members as the payments are received from the patient or customer.
 "We aim to stop the complications of billing, which will increase cash flow for our members," said Owen.
 Card holders also receive a benefit from the new program. They will have the convenience of a credit card when they need health care, and the CompleteCare program will help them better manage their bills.
 Paying such bills with CompleteCare will keep those expenses separate from other costs normally incurred on general-use credit cards. This will make bill paying more manageable.
 Under terms of the revolving account, a bill can be paid off in minimum monthly payments of $25 or 1/36th of the amount financed, whichever is greater. In addition, CompleteCare card holders do not pay an annual fee.
 CompleteCare is a national program. Card holders for the CompleteCare program may finance up to $5,000. The annual interest is 17.9 percent after a 25-day grace period.
 "The card will do just what we wanted for our members and their patients," said Owen. "It helps give complete care."
 -0- 12/2/91
 /CONTACT: Steve Owen of CompleteCare, 501-374-0353 (office) or 501-223-2767 (after hours), or Neal Moore of The Communications Group, 501-376-8722 (office) or 501-562-2689 (after hours), for CompleteCare/ CO: CompleteCare, Inc.; Beneficial National Bank USA ST: Arkansas IN: FIN HEA SU: PDT


BN-TG -- AT001 -- 8214 12/02/91 09:05 EST
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Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Date:Dec 2, 1991
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