American Society of Plastic Surgeons Extends Exclusive Endorsement of CareCredit for Patient Financing

COSTA MESA, Calif. & ARLINGTON HEIGHTS, Ill.–(BUSINESS WIRE)–The American
Society of Plastic Surgeons
(ASPS), the largest plastic surgery
specialty association in the United States, has renewed its exclusive
endorsement of CareCredit,
a leading provider of promotional healthcare financing to consumers.
Since 2004, CareCredit has been the only patient financing company
endorsed by the ASPS and the new multi-year agreement builds on this
12-year partnership. CareCredit is accepted by the majority of U.S.
private practice ASPS members for their patients.

“The decision to reaffirm our endorsement of CareCredit is a reflection
of strong cardholder and provider satisfaction, exceptional customer
service to our members and their patients, along with their nearly 30
years of healthcare financing experience,” said Michael D. Costelloe,
J.D., executive vice president, ASPS. “The growth in demand for plastic
surgery procedures, both elective and reconstructive, continues to drive
a need for medical financing options, and this agreement ensures
continued, outstanding service for our members and their patients for
years to come.”

“We are extremely honored to extend this agreement and be recognized as
the exclusive financing partner of the ASPS,” said Greg Pierce, SVP and
General Manager, CareCredit. “We continue to evolve our services and
product offerings to meet the needs of ASPS members and their patients
by making it easy and affordable to pay for surgical and non-surgical
care by board certified physicians.”

CareCredit’s Cardholder Engagement Study, conducted in Q2 of 2015* by a
third party, confirms cardholders continue to be highly satisfied with
their CareCredit credit card, consistently rating it favorably across a
number of areas including:

  • Nine out of 10 (90%) cardholders said they were satisfied with
    CareCredit;
  • 95% of cardholders rated CareCredit as a good, very good or excellent
    value;
  • 84% of cardholders would recommend CareCredit; and
  • Nearly half (49%) of cardholders would have postponed or not moved
    forward with the complete recommendation for a procedure if CareCredit
    had not been available.

About ASPS

The American Society of Plastic Surgeons (ASPS) is the world’s largest
organization of board-certified plastic surgeons. Representing more than
7,000 Member Surgeons, the Society is recognized as a leading authority
and information source on aesthetic and reconstructive plastic surgery.
ASPS comprises more than 94% of all board-certified plastic surgeons in
the United States. Founded in 1931, the Society represents physicians
certified by The American Board of Plastic Surgery or The Royal College
of Physicians and Surgeons of Canada. ASPS advances quality care to
plastic surgery patients by encouraging high standards of training,
ethics, physician practice and research in plastic surgery.

About CareCredit®

For nearly 30 years CareCredit,
from Synchrony Financial (NYSE:SYF),
has helped millions of people pay for needed and desired care and health
expenses. CareCredit is a health, wellness and personal care credit card
accepted through a national network of more than 195,000 healthcare
providers and health-focused retailers. For more information on
CareCredit, call 800-300-3046 or visit www.carecredit.com.
For more information about Synchrony Financial visit www.synchronyfinancial.com.

*Cardholder Engagement Study, Q2 2015, conducted for CareCredit by
Chadwick Martin Bailey. This study has been conducted bi-annually for
nine years.

FOR MORE INFORMATION

www.carecredit.com
or Facebook.com/CareCredit
or Twitter.com/CareCredit

©2016 CareCredit. All rights reserved.

Contacts

CareCredit
Cindy Hearn, 800-300-3046, ext. 4138
Senior Vice
President, Branding and Communications
chearn@carecredit.com
or
Communications,
855-791-8007
media.relations@synchronyfinancial.com