Category: Recent News

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 … Continue reading “ClearBalance Expands Patient Experience Center to Accommodate Client Growth and Market Demand”

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

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 … 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”