Recent News

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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Sacred Heart Hospital Introduces Interest-Free Payment Plan

Pensacola, Fla., Oct. 4, 2013 – Sacred Heart Health System is now offering its patients an interest-free loan program called ClearBalance®, giving patients an affordable option to pay their out-of-pocket hospital expenses over an extended period. The ClearBalance program has been made available to patients at Sacred Heart’s three hospitals in Pensacola, Miramar Beach and ...
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ClearBalance Accelerates Portfolio Growth

  SAN DIEGO, August 28, 2013  – ClearBalance®, one of the country’s fastest-growing providers of patient-friendly loans, announced today that, during the second quarter of 2013, its volume of loan originations grew by 76 percent compared to the second quarter of 2012. In the second quarter of 2013, healthcare systems in North Carolina, Texas and Pennsylvania, began ...
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ClearBalance Reports Record Growth in Fiscal Year 2012 Results

SAN DIEG0, Feb. 8, 2013 – ClearBalance®, the healthcare industry’s leader in providing patient-friendly bank loans, announced today that during fiscal year 2012 the company’s portfolio of patient accounts had grown at an annual rate of more than 46 percent. Bolstered by the addition of several new, multihospital clients — including more than 67 hospitals and/or ...
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ClearBalance Hits New Milestone: More Than 3.3 Million Patient Accounts Serviced

SAN DIEGO, June 18, 2013 — ClearBalance® announced today that it has exceeded more than 3.3 million patient accounts serviced, as the company fortifies its market position as the leading national provider of patient-friendly, interest-free loans. ClearBalance Chief Executive Officer Mitch Patridge said the increase in patients covered by high-deductible health plans is having a two-fold ...
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ClearBalance Continues Strong Growth

  SAN DIEGO, May 10, 2013 — ClearBalance®, one of the country’s fastest-growing providers of patient-friendly loans, announced today that, during the first quarter of 2013, its volume of loan originations grew by 18 percent compared to the first quarter of 2012. In the first quarter of 2013, the ClearBalance patient-friendly loan program was implemented at new ...
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ClearBalance Introduces Craig Webster as New Chief Information Officer

SAN DIEGO, May 1, 2013 — Healthcare industry executive Craig Webster has been appointed chief information officer of ClearBalance, the healthcare industry’s fastest-growing provider of patient-friendly loans. During his career, Webster has accumulated an impressive blend of IT and revenue cycle experience, having previously served in a variety of senior-level positions at MedAssets and at XactiMed. “Craig’s ...
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ClearBalance Executive Introduces Solutions to Increase POS Collections at AAHAM Conference

HADDAM, Conn., April 22, 2013 — More Americans are finding themselves covered by high-deductible health plans, creating an out-of-pocket balance at the time of care that they cannot afford. This trend is leading many healthcare providers to seek solutions that increase net recovery for balance-after-insurance accounts, while still striving to improve the patient experience. In fact, ...
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Angelo, Gordon & Co.’s Private Equity Group Partners with Management of ClearBalance on Purchase of Company

NEW YORK , December 19, 2012 – Angelo, Gordon & Co. (“Angelo Gordon”) announced today that the firm’s Private Equity Group has partnered with management to purchase ClearBalance Holdings. The investment will help expand the company’s ClearBalance® patient-friendly loan program which provides healthcare patients with interest-free loans to pay their healthcare bills in manageable monthly installments. ClearBalance ...
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CSI Financial Services Reports Third Quarter 2012 Results

SAN DIEGO, Oct. 16, 2012 — CSI Financial Services (CSI), the healthcare industry’s leader in providing patient-friendly bank loans marketed under the ClearBalance® brand, announced today that during the third quarter of 2012 the company’s portfolio of patient accounts had grown at an annualized rate of more than 38 percent. CSI’s third quarter results were strengthened by ...
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