PR - Chase Card Services Announces ChaseHealthAdvance after Acquisition of Unicorn Financial

Chase Card Services, a division of JPMorgan Chase & Co. (NYSE: JPM), announced today that it has finalized the acquisition of Unicorn Financial Services, a leading patient financing company. The combined company officially launches its expanded set of patient financing products today as ChaseHealthAdvance financing options.

Rising medical and dental costs have created a need for new and adaptive healthcare financing options. In addition, the demand for elective procedures ranging from dental, vision correction and cosmetic procedures to veterinary care for pets, is increasing at a rapid rate. The knowledge base that Chase has built in providing consumer credit to millions of credit card holders prompted Chase to develop ChaseHealthAdvance.

“As a premier and trusted financial institution, Chase is able to offer affordable, flexible options for those looking to finance healthcare procedures, as well as provide competitive service fees for providers,” said Hugh Bleemer, general manager, ChaseHealthAdvance.

ChaseHealthAdvance benefits to providers and patients include:

• Flexible, no-interest payment plans;
• Very competitive service fees for providers;
• New extended payment plans;
• Higher approval rates;
• Credit lines to provide for current and future procedures; and
• Superior customer service for providers and patients.

Additionally, medical practitioners will have access to all of Chase’s financial products, such as business banking, real estate financing, equipment leasing, cash management, credit card processing, and loan products.