Oldest Veterinary Practice in Haywood County Implements Cutting-Edge Payment Plan Program

Junaluska Animal Hospital expands access to high-quality and affordable animal care with recent iCare Financial partnership.

Atlanta, GA – June 7, 2021

As the oldest veterinary practice in Waynesville, NC, Junaluska Animal Hospital has been a staple in the community. Started in 1953, the practice has evolved from treating large animals, to today, now specializing in providing medical care for small animals. With a host of after hours options available, including emergency medical care, the team of experienced doctors led by Dr. William Snyder, Dr. Michael Giusti, and Dr. Jeffery Alt are what set Junaluska Animal Hospital apart from the rest. And, the practice’s October 2015 rollout of iCare Financial, an affordable payment program has given North Carolina residents even more access to the medical care and services their pets need.

Many people experience unexpected emergency treatments and do not always have money on hand to cover these medical expenses. Our pets are our babies and part of our families too! So, naturally, it is a relief to have so many cost options for our clients. It also takes pressure and stress off of our staff, who’s main focus is to help the pets. It is so fulfilling to know that we can provide the medical care their pets need and also give them affordable options to pay,” explains Junaluska Animal Hospital’s Office Manager, Marguerite.

Through iCare patients can divide animal care costs into small monthly payments without having to undergo an intrusive credit check. Not only does this lower the financial burden that pet care often places on families, but it also helps Junaluska Animal Hospital reach and treat more of their furry patients.

In addition, to the payment options for families, iCare reduces the administrative overhead for veterinary practices, giving them more time to do what they do best: love and care for animals! iCare handles all payment collection, processing, and transfers payments to the practice within 2 business days. To also lower the risk to the veterinarian practice, iCare provides a repayment guarantee and will pay the amount owed if a patient defaults on their original payment arrangement.

“With iCare, our income that originally would be turned over to collections or written off for non-payment has significantly decreased. Our families truly appreciate the multiple monthly payment options and it makes it much easier for them to manage their own finances with the care they need for their pets,” the Office Manager explains.

The Sad Truth: Financial Euthanasia On The Rise

With medical costs on the rise, many pet owners are being faced with the harsh and financial decision of either pursuing care for their pets or putting them to sleep to defray costs. A phenomenon referred to as “economic or financial euthanasia” leaves pet owners trying to manage their pet’s health with shrinking family incomes. According to the Humane Society, Americans own approximately 83 million dogs and 95 million cats, which account for more than $55 billion spent on food and medical care for their pets each year.1

Yet, as veterinarian costs have increased, on average, by 10-12%2, pet owners are often left few options, including waiving necessary medical care, giving their pet(s) up for adoption, or choosing to put them to sleep – often for common, easily treatable ailments. In fact, 2 out of every 3 pets are euthanized every week solely due to economic reasons.3 And, among the senior population and with families living on fixed incomes, medical experts suggest that this deadly statistic may be much higher.

As the number of animals in shelters continues to rise and with the limited space and funding available to these shelters, nearly 3-4 million animals are euthanized each year.4 This is a very sad reality considering over 90% of those put to death could have been adopted, had the shelters had more time or resources to find suitable foster families.

The veterinary industry has made great strides in leveraging technology to make previously costly procedures easier to administer and less costly for pet owners. However, despite these advancements in the field, the average veterinarian appointment still costs a pet owner at least $250 per animal, even for routine care.5 Without creative and affordable financing options for pet owners, the rates of economic euthanasia will likely increase well into the future.

iCare Financial Flexible, Proven Veterinary Financing for Pet Owners

To meet the financial challenges of pet owners, leading veterinary service providers are using innovative programs like iCare Financial to lower the financial cost of burden of veterinary care. Unlike other medical financing programs, iCare enables pet owners to gain instant access to monthly financing – all without a credit check. With 0% interest charged to pet owners, iCare guarantee all financing plans to the practice with no recourse. This eliminates the medical provider’s need to dedicate resources to pursue collections accounts and ensures a steady flow of income for the veterinary practice. As a seamless companion and supplement program to current financing programs, iCare can be used in conjunction with CareCredit or any other 3rd party financing services.

1 https://www.cbsnews.com/news/americans-spent-a-record-56-billion-on-pets-last-year/
2 https://www.usatoday.com/story/news/nation/2014/06/07/economic-euthanasia-pets-increases/7790733/

3 https://www.washingtonpost.com/lifestyle/advice/animal-doctor-risks-in-sidestepping-the-pet-insurance-safety-net/2017/04/28/0048aade-2a11-11e7-a616-d7c8a68c1a66_story.html?noredirect=on

4 https://www.aarp.org/money/budgeting-saving/info-2017/how-much-should-you-spend-to-save-sick-pet.html

5 https://blog.petplus.com/pet-tips/vet-visit-costs/

Economic Euthanasia is an American Tragedy

If you want to give pet owners a proven and affordable option
to keep their four-legged family member healthy, then
contact us today to learn how iCare can increase your office’s revenue while getting your patients the care they deserve.