Category: Recent News

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 … Continue reading “Sacred Heart Hospital Introduces Interest-Free Payment Plan”

ClearBalance Accelerates Portfolio Growth

Significant year-over-year program growth Loan origination volume increased by 76 percent Portfolio of patient accounts increased by 56 percent Over 3.3 million patient accounts serviced ClearBalance now offered at three new health systems in Texas, N. Carolina and Pennsylvania SAN DIEGO, August 28, 2013  – ClearBalance®, one of the country’s fastest-growing providers of patient-friendly loans, … Continue reading “ClearBalance Accelerates Portfolio Growth”

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 … Continue reading “ClearBalance Reports Record Growth in Fiscal Year 2012 Results”

ClearBalance Hits New Milestone: More Than 3.3 Million Patient Accounts Serviced

SAN DIEG0, 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 … Continue reading “ClearBalance Hits New Milestone: More Than 3.3 Million Patient Accounts Serviced”

ClearBalance Continues Strong Growth

Loan origination volume increase by 18 percent Three new health systems implemented the ClearBalance patient-friendly loan program SAN DIEG0, 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 … Continue reading “ClearBalance Continues Strong Growth”

ClearBalance Introduces Craig Webster as New Chief Information Officer

SAN DIEG0, 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 … Continue reading “ClearBalance Introduces Craig Webster as New Chief Information Officer”

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 … Continue reading “ClearBalance Executive Introduces Solutions to Increase POS Collections at AAHAM Conference”

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. … Continue reading “Angelo, Gordon & Co.’s Private Equity Group Partners with Management of ClearBalance on Purchase of Company”

CSI Financial Services Reports Third Quarter 2012 Results

Annualized growth rate of 38 percent Secured contracts with six new clients representing 29 locations Loan originations increased 16 percent over third quarter 2011 SAN DIEG0, 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 … Continue reading “CSI Financial Services Reports Third Quarter 2012 Results”

CSI Financial Services Reports Strong Fiscal Second Quarter 2012 Results; Secures Contracts with Four New Clients

SAN DIEGO, July 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 second quarter of 2012 the company’s portfolio of patient accounts had grown at an annualized rate of more than 33 percent, reaching a new all-time high. … Continue reading “CSI Financial Services Reports Strong Fiscal Second Quarter 2012 Results; Secures Contracts with Four New Clients”