Seven Health Systems See Financial Performance and Patient Satisfaction Gains with Patient Financing

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ClearBalance and HFMA Host Virtual Awards Program to HonorTop-Performing Health Systems SAN DIEGO – June 29, 2020 – Making care affordable for patients has never been more important than it is today. For the sixth consecutive year, ClearBalance® HealthCare has recognized several health systems for their ability to use its patient financing services to greatly […]

Patient Financing Moves from Nice to Have to Need to Have

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Consumer Health Care

SAN DIEGO, Jan. 27, 2020 – U.S. out-of-pocket healthcare spend, including consumer copayments, deductibles and spending not covered by insurance, was more than $375 billion in 2018, according to the Centers for Medicare & Medicaid Services (CMS). CMS projects 43 percent growth in patient out-of-pocket financial responsibility between now and 2027. Increasing consumer responsibility for […]

Consumers Expect Long-Term Patient Financing to Help Afford Care

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  Patients Share and Compare Financial Experience Stories SAN DIEGO, Dec. 11, 2018 – Just as consumers shop for the right care experience, now they think about the financial experience, too. According to the ClearBalance® 2018 Healthcare Consumerism study, 79 percent of respondents will ask their provider about payment options. What’s more, 94 percent expect […]

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

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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 […]

Focus on Patient Reimbursement Remains High Priority

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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. […]

ClearBalance Builds on Patient Loan Demand with New Division

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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 […]

Healthcare Loan Program Helps Create Captured Consumer

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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 […]