Survey Says One-Third of Physician Offices Don't Accept Credit Cards
SK&A Information Services has released findings from its Physician Office Credit-Card Acceptance Survey - concluding that "33% of U.S. physician offices do not accept credit cards as a form of payment. This represents a 5% increase since last year's survey, and the research suggests doctor offices are limiting this form of payment as a result of their patients being affected by high interest rates, maxed out credit limits and a more challenging ability to qualify for credit."
"Since the U.S. credit crisis exploded last year, creditors have become synonymous with excessive rate and fee increases, and we're seeing the effects of that in the latest Physician Office Credit-Card Acceptance Survey," said Dave Escalante, President and CEO of SK&A. "Today, fewer patients are able to use their credit cards at doctor offices because of the worsening consumer credit situation."
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