We know last year was a tremendous year for mergers and acquisitions in healthcare. One study by Kaufman Hall found that the number of mergers increased by 13% in 2017 compared to 2016, with twice as many “big-ticket” mergers last year. Many claim these mergers are good for the industry, particularly in terms of cost-savings. … Continue reading “With Healthcare Mergers Squeezing Competition, Patients Feel the Pinch”
Tag: healthcare revenue cycle
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 … Continue reading “ClearBalance Builds on Patient Loan Demand with New Division”
Visit ClearBalance during the HFMA Region 9 Annual Conference in New Orleans. Ask for a HFMA Peer Reviewed ROI Value Model report to identify your opportunity to improve patient pay.
Most Americans, even those with insurance, struggle with their cost of care. It’s an unexpected expense. When we refer to patient pay, we’re no longer talking about those without insurance, but those who have insurance and still bear a significant cost of their care. When 81 percent of single workers have an average deductible of … Continue reading “Why the Two Payer Market is Important”
Mosaic Life Care’s Deborah Vancleave and Vince Koch of ClearBalance will participate in SPARK sessions during the HFMA Region 8 Mid America Summer Institute. Catch their discussion, “Making Care Affordable Without Sacrificing Financial Performance,” Tuesday, Aug. 8, 1-1:30 p.m.
Meeting with the People: ClearBalance and Novant Health Partner for the Greater Charlotte Health & Fitness Expo
Jan. 17, 2017 — ClearBalance, along with Novant Health, will be exhibiting at the Greater Charlotte Health & Fitness Expo in North Carolina in late January. While Novant Health has been involved with the expo for several years, this will be our first time there – and we’re looking forward to it. The expo is … Continue reading “Meeting with the People: ClearBalance and Novant Health Partner for the Greater Charlotte Health & Fitness Expo”
Sept. 18, 2016 — As the insurance landscape has changed, it’s clear that the patient/consumer focus has broadened from health and outcomes to money, as in, “What will I owe?” and “How will I pay for care?” In fact, out-of-pocket responsibility often is driving where and when – or sometimes if – patients receive care. … Continue reading “Study Reveals Users are Strong Supporters of the ClearBalance Program”
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 … Continue reading “ClearBalance Consumerism Study Finds Patients Seek Affordable Healthcare Financing”
SAN DIEGO, Oct. 21, 2014 – As more patients assume greater financial burden for their health care, progressive health systems are making care affordable, reducing collection costs and bad debt and increasing market share. “Forward-thinking health systems realize that more of their revenue will come from the rising demographic of patients who need an affordable … Continue reading “Loan Program Fuels Satisfaction and Growth”
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, … Continue reading “Providence Hospital Offers Interest-Free Loans to Patients”