Posted by Healthcare Financial Management Association Chicago, IL, Sept. 17, 2018 (GLOBE NEWSWIRE) — The Healthcare Financial Management Association (HFMA) today announced that, following rigorous review, ClearBalance® has once again achieved the “Peer Reviewed by HFMA®” designation for its ROI Value Model™. The ClearBalance ROI Value Model identifies a healthcare provider’s cost to collect patient … Continue reading “ClearBalance ROI Value Model Receives HFMA Peer Review Designation for Fourth Consecutive Year”
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ROI Value Model Receives Peer Review, Fourth Consecutive Year The Peer Reviewed by HFMA® designation signifies validation of the ClearBalance® proprietary ROI Value Model™ by an independent panel of CFOs and Financial Analysts. This panel views the ROI Value Model as a credible benchmark tool to help health system executives understand the true cost of collecting patient pay … Continue reading “ROI Value Model Receives Peer Review”
A Focus on Patient Engagement Enhances Satisfaction and Financial Performance Harrisburg, Penn., June 24, 2019 – UPMC Pinnacle has undergone significant operational changes, including overhauling its revenue cycle IT system and adding new facilities throughout south central Pennsylvania. In September 2017, the health system joined UPMC. Throughout UPMC Pinnacle’s history, the Revenue Cycle team continues … Continue reading “UPMC Pinnacle Revenue Cycle Team Creates Positive Patient Financial Experience”
ClearBalance Honors CentraCare Health and MaineGeneral Health for Improved Revenue Cycle and Patient Satisfaction Metrics SAN DIEGO, June 24, 2019 – CentraCare Health in Minnesota and MaineGeneral Health in Maine have been named 2019 Patient Financing Top Performers by patient financing service provider ClearBalance® in conjunction with the Healthcare Financial Management Association (HFMA). The annual Top Performer … Continue reading “Patient Financing Newcomers See Significant Impact in Less Than a Year”
SAN DIEGO – June 10, 2019 –Until recently, medical groups and primary care physicians were largely immune to consumer forces of convenience and affordability that have affected hospitals and health systems. That’s because physicians historically enjoyed “repeat business” through generations of people who found familiarity and comfort with their longtime family physician. However, that’s all … Continue reading “Physician Practices Offer ClearBalance Financing Program to Boost Patient Experience and Loyalty”
Based on your data, here are your opportunities to reduce bad debt and AR days while accelerating cash flow. A ClearBalance® zero-interest patient financing program can improve patient engagement to pay their out-of-pocket costs by up to 50 percent more than an in-house payment plan. Working with ClearBalance can also improve patient loyalty and referrals. … Continue reading “Improve Reimbursement from Patient Pay”
Be sure to visit with ClearBalance during HFMA’s Revenue Cycle Conference, March 20-22 in Austin, Texas. We’ll be on hand with our ROI Value Model, Peer Reviewed by HFMA, to discuss patient financing benchmarks.
Greater Need for Long-Term Patient Financing Results in Multiple Health Systems Selecting ClearBalance
ClearBalance records another strong year of growth for its patient financing solution in 2018 SAN DIEGO, Jan. 9, 2019 – Confirming that consumers increasingly want and need long-term patient financing to cover their out-of-pocket medical expenses, several new health systems began offering the ClearBalance® zero-interest patient financing program in 2018. Adding to their ranks were … Continue reading “Greater Need for Long-Term Patient Financing Results in Multiple Health Systems Selecting ClearBalance”
Patients Share and Compare Financial Experience Stories SAN DIEGO, Dec. 11, 2018 – Just as consumers shop for the right care experience, now they think about the financial experience, too. According to the ClearBalance® 2018 Healthcare Consumerism study, 79 percent of respondents will ask their provider about payment options. What’s more, 94 percent expect their … Continue reading “Consumers Expect Long-Term Patient Financing to Help Afford Care”
Visit with ClearBalance® to learn about our HFMA Peer Reviewed ROI Value Model™. The tool identifies your cost to collect and opportunity to recover patient pay.