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Apollo Endosurgery said that the company has partnered with American Healthcare Lending to offer affordable financing for the LAP-BAND System to increase patient access to the weight loss solution.
In its release, the Company said that the patient financing service is part of its ongoing efforts to provide physicians and patients with quality services and support beyond the LAP-BAND procedure. The LAP-BAND System is FDA approved for weight reduction for people with a body mass index (BMI) of at least 40 kg/m2 and is the only FDA approved device for weight reduction for people with a BMI of 30 kg/m2 or greater and one or more weight-related health problem.
"There are millions of people struggling to lose 30 or more pounds on their own who are eligible for the LAP-BAND System but do not qualify for healthcare insurance coverage for weight loss treatments due to their BMI," said Dennis McWilliams, President and Chief Commercial Officer of Apollo Endosurgery. "Weight loss with the LAP-BAND System is about more than just a procedure. This is why we are working with innovative companies, like American Healthcare Lending, to provide the best services and support to our physicians and patients throughout the weight loss journey."
"Studies show that obese patients spend significantly more money on healthcare costs each year than non-obese patients as well as have an increased chance of developing other conditions, like diabetes and heart disease, that can impact their quality of life," said Vafa Shayani, MD, FACS, FASMBS, Chairman of Surgery, Medical Director of Bariatric Surgery at Adventist Bolingbrook Hospital and Vice President of the Illinois Association of Bariatric Surgeons. "Patients with a lower BMI are often not covered for any weight loss treatment options, despite the health and economic benefits. By investing in their health with the LAP-BAND System, patients have the opportunity to finally achieve their weight loss goals, allowing them to live a healthier life by avoiding potential health concerns as well as reduce their healthcare costs associated with obesity."
More Information and Complete Details: www.americanhealthcarelending.com/lapbandloan/
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