Recent News

ClearBalance ROI Value Model Receives HFMA Peer Review Designation for Fourth Consecutive Year

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 pay and ...
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Hackensack Meridian Health, Novant Health, VCU Health, Mosaic Life Care Named Top Winners for Patient Financing Performance

ClearBalance Honors Health Systems that Balance Patient Pay Affordability and Revenue Cycle Improvement SAN DIEGO, June 25, 2018 — Hackensack Meridian Health in New Jersey, Novant Health in North Carolina, VCU Health in Virginia and Mosaic Life Care in Missouri are top winners in the 2018 ClearBalance® Patient Financing Performance awards. The annual awards program is based ...
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Focus on Patient Reimbursement Remains High Priority

More Health Systems Turn to ClearBalance Patient Financing SAN DIEGO, June 4, 2018 – Maximizing patient reimbursement is a No. 1 priority, according to 57 percent of health system leaders responding to a patient pay trends survey by Vantedge Research and ClearBalance®. And 54 percent regard patient loyalty as important to solidifying future market share. As ...
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ClearBalance Builds on Patient Loan Demand with New Division

New Group Anticipates Changing Dynamics of Patient Pay SAN DIEGO, Jan. 22, 2018 –Health systems today must balance patient reimbursement with consumer expectations for an affordable, retail-like experience. There’s much at stake for a patient pay strategy that differentiates a health system and creates loyal consumers. ClearBalance® has created a new division, Customer Success and Innovation, to ...
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Healthcare Loan Program Helps Create Captured Consumer

Patient Cost of Care is Top of Mind SAN DIEGO – Healthcare organizations that offer and promote long-term financing to help patients pay their cost of care stand a better chance of increasing market share and preventing network leakage. According to the third annual Healthcare Consumerism study sponsored by ClearBalance®, 90 percent of patients/consumers surveyed likely ...
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Hackensack Meridian Health and St. Vincent Named Top Performers in Making Care Affordable

Health Systems Exceed Metrics Based on ClearBalance ROI Value Model San Diego, June 26, 2017 – Hackensack Meridian Health, an integrated network of healthcare providers serving patients in New Jersey, and St. Vincent, part of Ascension – the nation’s largest Catholic and non-profit health system, serving patients in central and southern Indiana, are winners of the ...
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ClearBalance Consumerism Study Finds Patients Seek Affordable Healthcare Financing

SAN DIEGO, Sept. 14, 2016 – Healthcare is a big-ticket expense that requires long-term financing, according to 91 percent of patients/consumers responding to the ClearBalance® Healthcare Consumerism study. Now in its second year, the Healthcare Consumerism study measures awareness, satisfaction and loyalty with the ClearBalance consumer-friendly loan program. It also measures patients’ use of the program and ...
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Health Systems Adapt to Era of Two-Payer Reimbursement

SAN DIEGO, June 17, 2016 — Patient-pay medical cost obligations are growing at roughly 20 percent annually, so health systems must position for a new era where reimbursement from both commercial payers and patients is paramount. The two-payer reimbursement strategy should meet the needs of patients who want to pay their medical bill but need ...
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Patient Loan Program Drives Loyalty for Healthcare Facilities

SAN DIEGO, Aug. 17, 2015 – As more health systems consider consumer strategies to gain patient loyalty, an extremely successful tactic is to make care affordable. According to a new healthcare consumerism research project, 94 percent of patients said they would return to a healthcare facility that offers a loan program. And 93 percent said ...
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ClearBalance Provides Transparency to Evaluate Patient Loan Programs

SAN DIEGO, June 22, 2015 – As a pioneer and the leading provider of consumer-friendly patient loan programs, ClearBalance® continually demonstrates innovation. Today ClearBalance announced that its proprietary ROI Value Model™ is the first to receive the Peer Reviewed by HFMA® designation in a newly created category of ROI Calculators. The ClearBalance ROI Value Model ...
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