Synchrony Collaborates With Daybreak, Expands CareCredit Offering [Yahoo! Finance]
Synchrony Financial (SYF)
Last synchrony financial earnings: 4/21 06:30 am
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Source: Yahoo! Finance
This partnership allows customers to access flexible financing via Synchrony's CareCredit card to purchase Daybreak's FDA-cleared sleep apnea devices and at-home diagnostic kits. This collaboration will last three years, ending March 31, 2027. This move bodes well for SYF as the critical issue of sleep disorders affects around 50-70 million Americans. Traditional in-lab sleep studies often involve significant out-of-pocket expenses, creating barriers for uninsured individuals seeking care. By combining Daybreak's accessible and cost-effective solutions with CareCredit's financing options, Synchrony is making it easier for consumers to prioritize their sleep health. The initiative aligns with Synchrony's strategy to expand its health and wellness offerings, tapping into a growing market that views quality sleep as a foundation for overall well-being. Integrating Daybreak's solutions into its portfolio enhances the utility of the CareCredit card while diversifying Synchrony's wellne
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SYF
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- 10/16/24 - Beat
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- 1/3/25 - Form 4
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- SYF's page on the SEC website