CareCredit health and wellness credit card now
accepted as a payment option for Daybreak's sleep testing-kits and
sleep apnea device
STAMFORD, Conn., Dec. 3, 2024
/PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer
financial services company, and Daybreak, a top-provider of full
at-home sleep testing kits and custom-fit sleep apnea devices, have
extended flexible financing to customers interested in Daybreak's
products. With an estimated 50-70 million Americans currently
living with ongoing sleep disorders,
including sleep apnea, there is a clear need for the easily
accessible diagnostic care that Daybreak can help
provide.
"The evidence is increasingly pointing to quality sleep being a
pillar of good health," said Claude
Royster, Vice President and General Manager of Wellness at
Synchrony. "Unfortunately, achieving consistent, restful sleep may
not be possible for people who are unknowingly living with a sleep
disorder or condition. That is where Daybreak's at-home sleep
solutions can help people get clarity on their current sleep health
and lay the foundation that sets them up for better care and
sleep."
Sleep hygiene has a ripple effect on our health with poor sleep
linked to memory issues, moodiness, a diminished immune system and
weight-gain, among other side-effects. However, pursuing in-lab
sleep studies may present a significant healthcare expense to
consumers with out-of-pocket costs for these assessments.
Those costs can make it particularly difficult for people who do
not have insurance to seek out important diagnostic services.
Daybreak's products are available to consumers in the comfort of
their own homes and their FDA cleared, custom-fit oral solution,
"Daybreak Sleep System," has been shown to successfully reduce
snoring and hypopnea events even on the first night of use.
"Working with Daybreak is an extension of our continued
commitment to help consumers pursue their health and wellness
goals," said Erin Gadhavi, Senior
Vice President and General Manager of Wellness at Synchrony.
"Getting to collaborate like this is one way we try to expand the
utility of our card for our customers, and we look forward to
seeing how CareCredit may empower more people to seek care for
their sleep issues."
Since July 2024, Daybreak
customers have been able to apply for and use CareCredit's
promotional financing offerings to purchase an at-home sleep test
kit or a proprietary sleep apnea device to take control of their
sleep health. This partnership will span three-years through
March 31, 2027, and is the latest
sleep health offering backed by CareCredit, which provides
financing for a range of brands from Sleep Number to
Daybreak.
"We understand the financial hurdles that consumers may face
when it comes to improving their sleep health, which is why we're
eager to see the impact this partnership may have on those that
have been delaying care due to costs," said Van Morgan, Daybreak CEO and Co-founder.
"Through this united effort with CareCredit, we aim to help
consumers confidently seek out the sleep solutions they want and
need so they can achieve a healthier tomorrow through better sleep
today."
The Daybreak partnership is the latest for Synchrony as part of
its ongoing commitment to making health and wellness products or
services more accessible for consumers.
Synchrony's CareCredit card is an efficient way for
people to pay for health and wellness products online or at select
retail locations, in ways that fit their budgets. For consumers
interested in Daybreak's solutions, ask a provider or visit the
Daybreak website for more information.
About Daybreak
Daybreak is a leading provider of fully
at-home sleep testing kits and custom-fit sleep apnea devices,
especially for those looking for a Continuous Positive Airway
Pressure (CPAP) alternative. Founded by a team of leading
sleep health physicians and dentists, we're revolutionizing the way
sleep apnea is diagnosed and treated. Our mission is to reshape the
health trajectories of millions affected by untreated obstructive
sleep apnea by reimagining the sleep apnea journey, allowing
doctor-directed care to unfold completely at-home — from diagnosis
to treatment. Our devoted team of sleep medicine experts have
developed an evidence-based and custom-tailored process. Every
night's sleep has the potential to propel us toward a healthier
tomorrow and we believe that better days start at Daybreak. For
more information, visit www.thedaybreak.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.
Media Relations:
Michelle Blaya Romero
Synchrony
Michelle.Romero@SYF.com
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SOURCE Synchrony Financial