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FOR IMMEDIATE RELEASE
SAN DIEGO, CA — Tuesday, October 7, 2025 — ClearBalance Healthcare, the recognized leader in patient-centered financial engagement and payment solutions, today announced the appointment of Patrik Vagenius as Chief Revenue Officer. In this role, Vagenius will oversee the company’s sales, marketing, and customer success teams, spearheading growth initiatives that expand ClearBalance’s reach and impact across the healthcare industry.
Vagenius brings more than 20 years of leadership experience in healthcare and technology, with a proven record of scaling commercial organizations and delivering transformative value for providers and patients. During his tenure at Flywire, he played a pivotal role in advancing patient payment and engagement solutions at a time when consumerism was rapidly reshaping the healthcare landscape. His leadership helped accelerate adoption of industry0leading platforms, driving measurable growth and setting new standards for how providers connect with and support patients financially.
“For over 30 years, ClearBalance Healthcare has built a trusted reputation as the leader in interest-free patient payment programs that make healthcare more affordable and accessible,” said Vagenius. “Affordability has never been more important, as providers balance compliance and regulatory standards while patients struggle with rising costs and greater financial responsibility.”
Ray Freedenberg, President and Chief Executive Officer of ClearBalance Healthcare, added: “Patrik’s track record of leading growth strategies, building strong customer relationships, and guiding high-performing teams makes him the ideal leader to help us expand our reach. His collaborative approach and deep industry expertise will be invaluable as we continue to partner with hospitals and health systems to improve financial outcomes and patient satisfaction.”
With the addition of Vagenius, ClearBalance Healthcare reinforces its commitment to delivering patient-centered financial engagement and payment solutions that support providers in improving collections, reducing operational strain, and creating a compassionate payment experience for patients nationwide.
About ClearBalance Healthcare
ClearBalance Healthcare is the recognized leader in patient-centered financial engagement and payment solutions supporting the patient pay ecosystem. For nearly three decades, ClearBalance has partnered with hospitals and health systems nationwide to provide affordable, interest-free repayment programs that improve patient satisfaction, increase provider collections, and reduce administrative burden.
Media Contact: Carrie Lewis, Chief Marketing Officer, ClearBalance Healthcare, clewis@clearbalance.org; 317-606-6918