Press Release
January 30, 2025, 9:00 AM EST
Synchrony and HearingLife Partner to Offer Financial Options Enabling More Americans to Seek Care as Research Reveals 1 in 5 Americans Exhibit Potential Hearing Loss Symptoms
Companies Extend Partnership to Continue Offering CareCredit to Patients Across U.S.
STAMFORD, Conn., January 30, 2025 – Synchrony (NYSE: SYF), a premier consumer financial services company, and HearingLife, a leader in delivering personalized hearing care, have announced that they will continue to partner to offer Synchrony’s CareCredit credit card at HearingLife’s network of hearing care centers across the U.S. As HearingLife’s exclusive premier financing partner, CareCredit enables patients to pay over time for hearing exams, tinnitus care, implants, hearing tests, and hearing aids, devices and products.
A recent Synchrony study showed 70% of people consider their hearing a priority — yet less than 10% have visited an audiologist in the past year. Additionally, 85% reported they felt there was no need to discuss their hearing with a healthcare provider, even though more than 1 in 5 admitted to exhibiting potential hearing loss symptoms.
“These findings illustrate that connecting patients with the hearing care they want and need is absolutely essential — and ensuring they can do so in a way that works with their financial situation is a crucial factor,” said Becky Lansen, Senior Vice President and General Manager, Specialty at Synchrony. “We’re excited to continue our partnership with HearingLife, so that their patients can access the financial options and support that enables optimal hearing care.”
HearingLife, with its extensive network of hearing care centers, provides personalized care tailored to each patient’s needs. At more than 600 locations nationwide, HearingLife connects patients with licensed hearing professionals to provide customized care that fits patient’s lifestyles.
“Our hearing is such a significant part of life; it connects us in every way possible and without it, we lose touch with life and those around us,” said John Demma, HearingLife President. “That’s why I am proud to partner with CareCredit. Together, we’ll help even more people experience the life-changing hearing health HearingLife delivers through our unmatched personalized care and technology.”
CareCredit is a tool that empowers people to pay for the health and wellness care they want or need in a way that works best for them. The CareCredit credit card is accepted in more than 11,000 audiology and hearing practices across the country and is a convenient and reliable solution that offers financing options for qualified consumers.
Synchrony is providing the resources and tools to help educate patients on costs and the financial solutions they can use to plan and pay for care. To learn more about CareCredit, please visit: www.carecredit.com. To learn more about HearingLife care centers, visit the HearingLife website for more information at www.hearinglife.com.
About HearingLife
HearingLife is a national hearing care company and part of the Demant Group, a global leader in hearing healthcare built on a heritage of care, health, and innovation since 1904. HearingLife operates more than 600 hearing care centers across 42 states. We follow a scientific, results-oriented approach to hearing healthcare that is provided by highly skilled and caring professionals. Our vision is to help more people hear better through life-changing hearing health delivered by the best personalized care. To learn more, visit: https://www.hearinglife.com.
About Synchrony
Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry’s most complete digitally-enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoor, pet and more. We have an established and diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers, which we refer to as our “partners.” We connect our partners and consumers through our dynamic financial ecosystem and provide them with a diverse set of financing solutions and innovative digital capabilities to address their specific needs and deliver seamless, omnichannel experiences. We offer the right financing products to the right customers in their channel of choice. For more information, visit www.synchrony.com.
Contact
Media Relations
Michelle Blaya Romero
Synchrony
Michelle.Romero@SYF.com
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