ROI Value Model Receives Peer Review, Fourth Consecutive Year
The Peer Reviewed by HFMA® designation signifies validation of the ClearBalance® proprietary ROI Value Model™ by an independent panel of CFOs and Financial Analysts. This panel views the ROI Value Model as a credible benchmark tool to help health system executives understand the true cost of collecting patient pay and the subsequent value – in terms of volume and dollars collected – when using a patient loan program. Financial representatives can compare their performance of current patient reimbursement methods with expected outcomes of a best practice patient loan program. Read more.
ClearBalance Stands Alone in a Category of One: ROI Calculators
“ROI is a common claim in the industry, and it’s not always well supported by data,” says HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. “So it’s reassuring for healthcare leaders to know that HFMA Peer Review ROI Calculators have been validated to be complete, appropriate and relevant.” As part of the 2018 Peer Review process, ClearBalance achieved impressive results, including:
100% of Peer Reviewers said they would recommend ClearBalance to a colleague;
100% said the ROI Value Model’s inputs are attainable; and
100% said the model’s metrics are defined appropriately to address patient financing.
- ClearBalance Announces 2018 Top Performer Organizations
- ROI Value Model in the News
- Transparency to Properly Evaluate Patient Loan Programs
Yes, give me more information about the ClearBalance ROI Value Model.*HFMA staff and volunteers determined that these healthcare business solutions have met specific criteria developed under the HFMA Peer Review process. HFMA does not endorse or guarantee the use of these healthcare business solutions or that any results will be obtained.