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As a result of globalization and peer to peer integration led by technology, collaboration is the logical answer to the unjust corporatization of medicine and healthcare.
IRVINE, CA, October 01, 2014 /24-7PressRelease/ -- Recognizing that millions of Americans cannot access the care that they need at affordable rates, Dental Equities has announced the launch of their premiere peer to peer healthcare financing platform, Patient Advance.
Due to post 2008-2009 recession regulations, banks have less capital to loan, which has increased the need for alternative lenders. By moving lending online, Dental Equities can generate cost advantages of over 400 basis points compared to traditional banks. Branch office operations consume up to 35% of their total operational expenditures. Moreover, their organizational practices are less efficient than today's online marketplaces. This built-in cost advantage will enable Dental Equities to out-compete retail banks on price.
According to some expert's estimates, banks, credit cards and other lending institutions generate $870B+ each year in fees and interest from over $3.2T in lending activity. It is estimated that over $1T in loans will be made between peers in this emerging market place.
Looking to promote a much needed financing platform for affordable healthcare, Dental Equities is working to lead this global shift in lending practices and pass these savings, speed of service and access to tens of millions of Americans who need healthcare services not covered by their existing insurance carriers or the Affordable Care Act.
When asked about the first of its kind decentralized platform, Dr. Shah stated, "As a result of globalization and peer to peer integration led by technology, collaboration is the logical answer to the unjust corporatization of medicine and healthcare."
Dental Equities' mission is to elevate the professionalism of healthcare providers, enabling them to remain independent and able to provide services that their patients demand and require. In addition to Patient Advance, Dental Equities is also offering additional financial services and educational resources via their other sister brands, such as Doctors Club and Doctor Advance.
Dental Equities, LLC is a private equity limited liability company founded and led by Dr. Kianor Shah, its Chairman. Dental Equities, LLC provides a decentralized peer-to-peer platform where dental professionals unite administratively, academically and financially for the benefit of patients as well as dental professionals. For more information, please visit www.DentalEquities.com.
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