Providence Hospital Offers Interest-Free Loans to Patients

Posted on: December 18, 2013

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 that works and healthcare that leaves no one behind. More of our patients have high deductibles and co-pays, and this program helps them afford needed healthcare,” said Clark Christianson, president and CEO of Providence Health System.

ClearBalance CEO Mitch Patridge says the company’s customer service center and flexible patient-friendly loan terms are key ingredients to the program’s appeal to both healthcare providers and consumers.

”Providence is committed to high-quality patient care and an exceptional patient experience, from admission to discharge and through the billing process,” Patridge said. We’re proud that ClearBalance was selected as part of Providence’s commitment to patient satisfaction.”

Under the ClearBalance program, all patients, regardless of credit score, may easily and quickly qualify for a patient-friendly bank loan. Additional balances and family member accounts can be added, and the patient will receive only one, easy-to-read monthly statement.

About ClearBalance

ClearBalance is the premier provider of patient-friendly loan programs. Since 1992, ClearBalance has helped its healthcare clients streamline the revenue cycle and efficiently resolve patient balances. Equally important, the ClearBalance loan program helps healthcare providers achieve their mission of increasing patient satisfaction. ClearBalance maintains its corporate office in San Diego, Calif., with regional sales offices throughout the United States. For more information about the ClearBalance program, visit www.ClearBalance.org or call Bruce Weintraub at (858) 200-9208.

About Providence Hospital

Providence Hospital, a 349-bed facility that is a member of Ascension Health, cares for more than 14,000 inpatients and 160,000 outpatients each year. Specialized services offered at Providence include open-heart surgery, a comprehensive cancer center, obstetrics, a freestanding rehabilitation and wellness center and an Outpatient Center with dedicated outpatient diagnostic services and surgical suites.