|[March 23, 2012]
Palomar Health Introduces ClearBalance® Interest-Free Payment Plan for Patients
SAN DIEGO --(Business Wire)--
Palomar Health is offering a new patient-friendly loan program called
ClearBalance ® that gives patients an affordable option to pay their
out-of-pocket hospital expenses over an extended period.
San Diego-based CSI (News - Alert) Financial Services provides this interest-free loan
program that features affordable monthly payments.
Palomar Health, the largest public health district by area in
California, joins more than two dozen hospitals across the state that
"Palomar Health specifically expressed to our team the importance of
delivering the highest level of patient satisfaction throughout the
entire experience, from care through billing," CSI Chief Executive
Officer Mitch Patridge says.
"More and more, patients are contending with higher deductibles and
higher co-pays, and we're proud to work with healthcare providers - such
as Palomar Health - to make sure healthcare remains affordable for
everyone," Patridge adds.
Palomar Health Corporate Controller Tim Nguyen says the district
selected ClearBalance because of the many patient needs that it
"Our concern for the well-being of our patients does not end at the time
of their discharge. We understand many of us are facing financial
hardships and we would very much like to help our patients meet their
financial obligations," Nguyen states.
"We have heard from our patients on wht they need in a loan program and
are confident that the ClearBalance payment plan meets their needs with
its flexible terms, no late fees and no interest payments," Nguyen adds.
ClearBalance is a patient-centric program designed to help with
unexpected medical bills by providing an affordable repayment option.
ClearBalance gives patients the opportunity to receive a long-term
payment option featuring low monthly payments with no interest or
CSI Chief Operating Officer Janet Shanks says the company's ability to
provide interest-free loans for up to 72 months and its attentive
customer service center are key ingredients to delivering unparalleled
"Our customer service team members are specially trained to ensure that
each patient is treated with honesty, fairness and compassion," Shanks
The ClearBalance program allows patients to easily qualify for a
patient-friendly bank loan, Shanks says. Additional balances and family
member accounts may be added and the patient will receive only one easy
to read monthly statement, she adds
About CSI Financial Services
CSI Financial Services is the premier provider of patient loan programs.
Since 1992, CSI has helped healthcare providers streamline the revenue
cycle and efficiently resolve patient balances. Equally as important,
the ClearBalance loan program helps healthcare providers increase
patient satisfaction. CSI maintains its corporate office in San Diego,
Calif., with regional sales offices throughout the United States. For
more information about the ClearBalance program, visit www.ClearBalance.org
or call Bruce Weintraub at 858.200.9208.
About Palomar Health
Palomar Health, formerly Palomar Pomerado Health, is the largest public
health district by area in California. It currently operates two
hospitals, two skilled nursing facilities, two outpatient health
buildings and other facilities. It is one of the largest employers in
San Diego County with about 4,000 employees and more than 800 affiliated
In summer 2012, Palomar Health will open a new 740,000-square-foot,
11-story, state-of-the art hospital in Escondido with 288 beds and
significant room to expand in the future. To learn more about Palomar
Health visit www.pph.org
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