Recent News

ClearBalance Consumerism Study Finds Patients Seek Affordable Healthcare Financing

SAN DIEGO, Sept. 14, 2016 – Healthcare is a big-ticket expense that requires long-term financing, according to 91 percent of patients/consumers responding to the ClearBalance® Healthcare Consumerism study. Now in its second year, the Healthcare Consumerism study measures awareness, satisfaction and loyalty with the ClearBalance consumer-friendly loan program. It also measures patients’ use of the program and ...
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Health Systems Adapt to Era of Two-Payer Reimbursement

SAN DIEGO, June 17, 2016 — Patient-pay medical cost obligations are growing at roughly 20 percent annually, so health systems must position for a new era where reimbursement from both commercial payers and patients is paramount. The two-payer reimbursement strategy should meet the needs of patients who want to pay their medical bill but need ...
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Patient Loan Program Drives Loyalty for Healthcare Facilities

SAN DIEGO, Aug. 17, 2015 – As more health systems consider consumer strategies to gain patient loyalty, an extremely successful tactic is to make care affordable. According to a new healthcare consumerism research project, 94 percent of patients said they would return to a healthcare facility that offers a loan program. And 93 percent said ...
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ClearBalance Provides Transparency to Evaluate Patient Loan Programs

SAN DIEGO, June 22, 2015 – As a pioneer and the leading provider of consumer-friendly patient loan programs, ClearBalance® continually demonstrates innovation. Today ClearBalance announced that its proprietary ROI Value Model™ is the first to receive the Peer Reviewed by HFMA® designation in a newly created category of ROI Calculators. The ClearBalance ROI Value Model ...
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More Health Systems Turned to ClearBalance for Affordable Patient Pay Solution in 2014

SAN DIEGO, Jan. 22, 2015 – The increase in patients’ financial obligation for medical care hit a tipping point in 2014. As a result, more health systems turned to ClearBalance® to help patients manage their healthcare costs. The number of new hospitals and health systems using ClearBalance consumer-friendly patient loan programs has increased steadily over ...
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Patient Pay Efficiencies Key to Unlocking Affordable Care

SAN DIEGO, Dec. 10, 2014 – With high-deductible health plans (HDHPs) on the rise, a majority of CFOs and VPs of Patient Financial Services say patient revenue will be critical to their organization’s financial strategy, according to an exclusive survey about patient pay commissioned by ClearBalance®. The study showed that 63% of respondents place a high ...
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Loan Program Fuels Satisfaction and Growth

SAN DIEGO, Oct. 21, 2014 – As more patients assume greater financial burden for their health care, progressive health systems are making care affordable, reducing collection costs and bad debt and increasing market share. “Forward-thinking health systems realize that more of their revenue will come from the rising demographic of patients who need an affordable option ...
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ClearBalance Experiences Portfolio Growth in 2014

SAN DIEGO, Oct. 2, 2014 – ClearBalance®, the leading provider of consumer-friendly patient loan programs, announced that it has added several new health systems to its client base. The new partners represent leading health systems from all parts of the country. More health systems are pursuing alternatives and enhancements to internal payment plans. They’re also ...
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ClearBalance Expands Patient Experience Center to Accommodate Client Growth and Market Demand

SAN DIEGO, Sept. 19, 2014 – ClearBalance®, the leading provider of consumer-friendly patient loan programs to U.S. hospitals and health systems, is expanding its operations locally and nationally, further positioning to address an increase in demand from both existing and new health system clients. ClearBalance recently expanded its San Diego office by over 20% to accommodate ...
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Providence Hospital Offers Interest-Free Loans to Patients

SAN DIEGO, Dec. 18, 2013 — Providence Hospital now offers patients the opportunity to pay hospital bills through an interest-free loan program. The ClearBalance® program is an affordable option offering low monthly payments with terms of up to 48 months, no interest charges and no late fees. “Our commitment is to provide healthcare that is safe, healthcare ...
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