#399 – Brian Whorley, CEO of Paytient

Introduction

In a recent episode of the Slice of Healthcare podcast, host Jared S. Taylor sat down with Brian Whorley, the CEO of Paytient, to discuss the innovative solutions his company offers in the realm of healthcare payments.

A Mission to Improve Access to Care

Brian Whorley’s journey began in Columbia, Missouri, where he spent 15 years working in a 400-bed community hospital. His mission has always been to help people access and afford care. With the rise of high deductible health plans, Whorley noticed a gap in the market and founded Paytient to ensure that everyone could confidently access healthcare services without financial constraints.

What is Paytient?

Paytient is more than just a payment solution. It’s a mission-driven platform that offers interest-free, fee-free credit to individuals, allowing them to manage unexpected healthcare expenses. Whether it’s medical, dental, vision, pharmacy, or even veterinary care, Paytient ensures that patients can receive the care they need without the immediate financial burden.

The Power of Choice and Flexibility

One of the standout features of Paytient is its flexibility. After using the Paytient card for healthcare expenses, individuals can choose a repayment plan that suits their budget. This approach not only provides financial relief but also empowers individuals to make informed decisions about their health without the looming stress of immediate payments.

Addressing the High Deductible Health Plan Dilemma

High deductible health plans have become increasingly popular, but they come with their own set of challenges. Whorley emphasizes that while these plans might be suitable for some, the out-of-pocket expenses can be daunting. Paytient bridges this gap, ensuring that individuals can access care without the fear of unmanageable bills.

The Future of Paytient

With almost 800,000 people already benefiting from Paytient’s services, the company’s future looks promising. Whorley envisions a world where patients can see the price of care upfront, choose where and when they receive care, and have the financial means to pay for it. By integrating with insurers and employers, Paytient aims to make this vision a reality.

Slice of Healthcare Wrap Up

In a world where healthcare costs are continually rising, solutions like Paytient are not just innovative but necessary. By providing a flexible, interest-free payment solution, Paytient is ensuring that everyone, regardless of their financial situation, can access the care they need.