Cherry Payment Plans: Revolutionizing Plastic Surgery Financing for Practices

Cherry Payment Plans: Revolutionizing Plastic Surgery Financing for Practices

In today’s aesthetic medicine landscape, the financial barrier between patients and procedures remains one of the biggest challenges for plastic surgery practices. Cherry Payment Plans has emerged as the gold standard solution, helping surgeons not only convert more consultations into procedures but also increase practice revenue while delivering exceptional patient experiences.

How Cherry Transforms Plastic Surgery Financing

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Cherry Payment Plans offers a revolutionary approach to plastic surgery financing that benefits both practices and patients. With flexible payment options ranging from 6-week interest-free plans to longer-term financing up to 60 months, Cherry has created a system that removes cost as a barrier to aesthetic procedures.

The statistics speak for themselves:

  • 30% increase in case acceptance rates
  • 50% increase in average transaction size
  • 80%+ industry-leading patient approval rates
  • Exclusive approvals specific to your practice

These numbers represent real growth potential for plastic surgery practices looking to expand their patient base and increase revenue without compromising on quality of care.

The Patient Experience Advantage

What truly sets Cherry apart is the seamless patient experience. The application process takes just 60 seconds, with instant funding decisions and no hard credit checks that might damage a patient’s credit score. This accessibility has earned Cherry near-perfect customer satisfaction scores across both patients and practices.

Bryan W., a Cherry patient, shares: “I was worried the application would take long. I would have paid on my credit card – but it only took a few minutes and I’m so happy I can split my payments up now!”

This sentiment is echoed by numerous patients who appreciate the straightforward, transparent process:

Patient Benefits Practice Benefits
No hard credit check Higher approval rates (80%+)
60-second application Full payment within 2-3 business days
Flexible payment options Reduced merchant processing fees (up to 50% savings)
True 0% APR options No billing headaches (Cherry handles patient repayment)
Simple, transparent pricing No monthly, annual, or setup fees

Monthly Pricing Psychology: Why It Works

When patients see a single large number for a procedure, it can create immediate sticker shock. According to the American Society of Plastic Surgeons, the average cost of cosmetic procedures can range from $4,000 to $20,000+, depending on the complexity.

Cherry transforms these imposing figures into manageable monthly payments. For example:

  • A $10,000 facelift becomes $199/month (with qualified financing)
  • A $7,500 breast augmentation becomes $150/month (with qualified financing)
  • A $6,000 tummy tuck becomes $120/month (with qualified financing)

This psychological shift from a large lump sum to an affordable monthly payment helps patients focus on the value of the procedure rather than being overwhelmed by the total cost. As Cassie R., another Cherry patient, notes: “I’ve been putting off these treatments for a long time. I scheduled them all today using @withCherryUS.”

Practice Management Benefits: Beyond Financing

Cherry isn’t just a financing solution—it’s a practice management tool that streamlines operations and improves cash flow. When a practice partners with Cherry, they receive:

1. Immediate Full Payment

Unlike traditional financing options that might delay payments or pay in installments, Cherry deposits the full procedure amount to the practice within 2-3 business days. This immediate cash flow allows practices to reinvest in their business, staff, or equipment without waiting for patient payments to trickle in.

2. Reduced Administrative Burden

Beauty Fix, a practice using Cherry, explains: “Application is easy and no paper receipts the patients need to sign. We always give Cherry first look due to high approval rates and no hard credit check.”

Cherry handles all aspects of patient repayment, eliminating the need for practices to manage payment plans, send reminders, or deal with collections. This allows the practice staff to focus on what they do best—providing exceptional patient care.

3. Lower Merchant Processing Fees

Practices can save up to 50% on merchant processing fees compared to traditional credit card transactions. For a high-volume plastic surgery practice, these savings can add up to thousands of dollars annually.

Integration with Allē: A Powerful Partnership

Cherry has further enhanced its offering through integration with Allē, the loyalty program for Allergan Aesthetics products like BOTOX® Cosmetic and the JUVÉDERM® Collection of Fillers. This partnership allows:

  • Patients to apply for Cherry payment plans directly within the Allē app
  • Continued earning of Allē points on eligible treatments
  • Qualifying patients to access 6 months of 0% APR for eligible Allergan Aesthetics treatments at no cost to the practice

This integration is particularly powerful because approximately 50% of transactions with an Allē Payment Plan come from patients who are new to aesthetic treatments, helping practices expand their patient base.

Why Top Plastic Surgeons Choose Cherry

Dr. Ching, who has been named one of the Best Doctors in America since 2011, is among the many respected plastic surgeons who have adopted Cherry Payment Plans. The reasons top surgeons are making this choice include:

Exclusive Approval Process

Cherry’s approval algorithm is designed specifically for aesthetic medicine, resulting in approval rates that exceed 80%—significantly higher than traditional financing options. These approvals are exclusive to your practice, meaning patients can’t use their Cherry approval elsewhere.

No Risk to the Practice

Unlike in-house payment plans, practices are not responsible if patients don’t fulfill their payment obligations. Cherry assumes all risk related to patient repayment, providing practices with peace of mind and guaranteed payment.

Marketing Support

Cherry provides free marketing resources for social media, email, and video to help practices promote their financing options effectively. This support helps practices communicate the availability of affordable payment options to prospective patients.

Superior Support

US-based phone, email, and chat support ensures that both practices and patients receive fast, knowledgeable assistance when needed. This level of service has contributed to Cherry’s near-perfect customer satisfaction ratings.

Comparing Cherry to Other Financing Options

Many plastic surgery practices offer financing through companies like CareCredit, PatientFi, or Alphaeon. What makes Cherry different?

Feature Cherry Traditional Medical Financing In-House Payment Plans
Credit Check Impact No hard credit check Often requires hard credit check Typically no credit check
Approval Rate 80%+ industry-leading Typically 50-60% Practice discretion
Payment to Practice Full amount in 2-3 days Full amount minus fees Installments over time
Risk to Practice No risk No risk Full risk of non-payment
Administrative Burden Minimal Moderate High (payment tracking, reminders, etc.)

According to the International Society of Aesthetic Plastic Surgery (ISAPS), the demand for cosmetic procedures continues to grow globally, with financing options playing an increasingly important role in patient decision-making. Cherry’s unique approach addresses the specific needs of both patients and practices in this growing market.

Implementation: Speed Through Checkout

One of the most appreciated aspects of Cherry is how quickly it can be implemented and used. The application process takes just 60 seconds, allowing patients to make financing decisions right in the office during consultation.

The streamlined checkout process works as follows:

  1. Patient applies through Cherry in 60 seconds or less
  2. Instant approval decision with no hard credit check
  3. Patient selects their preferred payment plan
  4. Practice receives full payment in 2-3 business days
  5. Cherry handles all aspects of patient repayment

Abby, a Practice Manager at PekoMD, emphasizes: “A 5-star experience is the only acceptable outcome. This made adding monthly payment options through Cherry a complete no-brainer. Their team is wonderful to work with and the service they provide has been wildly appreciated by our patient population.”

Real Results for Plastic Surgery Practices

The impact of implementing Cherry Payment Plans can be substantial. While specific results vary by practice, many report:

  • Converting consultations that would have otherwise been lost due to financial constraints
  • Patients opting for more comprehensive procedures or additional treatments
  • Reduced time spent on financial discussions, allowing more focus on clinical care
  • Improved cash flow predictability and stability

Bednar Cosmetic Surgery notes: “Cherry is a great alternative for patients not wanting a hard inquiry and looking for easy access to funding their non-surgical or surgical procedures.”

Getting Started with FastLendGo and Cherry

For plastic surgery practices looking to implement Cherry Payment Plans, FastLendGo offers a streamlined onboarding process. As a financial services partner, FastLendGo can help practices understand how Cherry integrates with existing payment systems and practice management software.

The implementation process is designed to be simple and non-disruptive:

  1. Schedule a free demo to see how Cherry works
  2. Complete a brief practice registration
  3. Receive training for staff on the simple application process
  4. Begin offering Cherry Payment Plans to patients

With no setup fees, monthly charges, or annual costs, there’s minimal financial risk to implementing this solution.

Conclusion: The Future of Plastic Surgery Financing

As aesthetic medicine continues to evolve, so too must the financial solutions that make these procedures accessible to patients. Cherry Payment Plans represents a significant advancement in plastic surgery financing, offering benefits to both practices and patients that traditional financing options simply can’t match.

By removing financial barriers while improving practice operations and cash flow, Cherry enables plastic surgeons to focus on what matters most—providing exceptional care and achieving outstanding results for their patients.

For practices looking to increase case acceptance, boost revenue, and enhance patient satisfaction, Cherry Payment Plans offers a compelling solution that’s quickly becoming the gold standard in plastic surgery financing.

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