CSI Financial Services Partners with another Minnesota Health System to Offer the ClearBalance Interest-Free Program

Posted on: December 13, 2011

SAN DIEGO, December 13, 2011 — CSI Financial Services announced today that a multi-facility health system based in Minnesota has entered into an exclusive relationship to offer the ClearBalance® patient friendly loan program, featuring interest-free loans that will provide its patients with an affordable option to pay their out-of-pocket hospital expenses.

“We have provided loans for thousands of patients in Minnesota and are excited to extend the reach so that even more patients may participate in, and benefit from, the ClearBalance program,” said Mitch Patridge, CSI’s Chief Executive Officer. “Patients are contending with higher deductibles and higher co-pays, and the ClearBalance program provides an interest-free solution to help them meet their financial obligation.”

ClearBalance is a patient-centric program designed to help with oftentimes-unexpected medical bills by providing an affordable repayment option. Through the ClearBalance program, patients will have the opportunity to receive a long-term payment option featuring low monthly payments.

Patridge noted that the ClearBalance program is supported by the company’s best-in-class customer service center, with team members specially trained to understand each patient’s financial situation and ensure they are treated with honesty, fairness and compassion.

Per Vince Koch, CSI’s VP and Regional Sales Manager, “The ClearBalance program allows patients to quickly qualify for a patient-friendly bank loan, as well as easily consolidate accounts and even combine accounts for family members. Patients can pay their monthly bill via mail, phone, internet or automatic debit. Importantly, the ClearBalance program has no annual fees or prepayment penalties.”

About CSI Financial Services

CSI Financial Services offers the patient-friendly ClearBalance loan program and is the premier provider of patient loan programs. Since 1992, CSI has funded more than $600 million in patient loans, enabling hundreds of thousands of patients to easily and affordably repay their healthcare obligations. CSI maintains its corporate office in San Diego, Calif., with regional sales offices throughout the United States.