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FOR IMMEDIATE RELEASE
San Diego, California – October 4, 2024 – ClearBalance Healthcare launches an innovative Open Banking option across all our patient payment sites, redefining the way patients manage their healthcare payments. This cutting-edge solution underscores our commitment to addressing the evolving needs of patients by providing adaptable and efficient payment preferences.
As healthcare financial leaders, we recognize the demand for greater patient payment flexibility and enhanced security. Our Open Banking integration allows patients the convenience of securely connecting their bank accounts directly to our payment portals, facilitating swift and accurate transactions. By eliminating the need for manual bank account data entry, Open Banking streamlines the payment process, connecting easily to a specific bank account and also significantly reduces errors.
Patients stand to benefit from this innovative approach. Real-time transaction capabilities ensure prompt processing and confirmation of payments, resulting in a transparent and efficient financial interaction. Furthermore, the solution empowers patients with personalized options such as customizable payment plans and due date alerts, enhancing their financial management capabilities.
“At ClearBalance, our mission is to lead the healthcare industry with innovative solutions that cater to the unique needs of both our patients and hospital systems,” said Ray Freedenberg, CEO of ClearBalance Healthcare. “With the introduction of Open Banking, we’re ensuring every patient has seamless access to their preferred and convenient payment methods, empowering them to manage their healthcare finances with ease and confidence. This initiative exemplifies our commitment to driving transformative change and fostering an environment where patient-centric financial solutions thrive.”
Beyond patient convenience, Open Banking offers significant financial advantages for healthcare providers. By bypassing traditional intermediaries, it reduces transaction fees, potentially decreasing costs for both facilities and patients. Coupled with strengthened security measures through advanced encryption, Open Banking ensures sensitive financial information is protected.
ClearBalance Healthcare’s implementation of Open Banking is a testament to our dedication to delivering patient-centered financial solutions and pioneering advancements in healthcare financing. We invite healthcare leaders to explore how this transformative payment option can foster greater patient engagement, satisfaction, and trust.
For more information about ClearBalance Healthcare’s Open Banking option and how it can benefit your healthcare system, please contact our team. Let’s change the way we enhance patient financial experiences together.
About ClearBalance Healthcare
At ClearBalance Healthcare, we understand that health and wellness extend beyond clinical care to include the financial well-being of our patients. We’re revolutionizing patient financing engagement ensuring patients feel supported not only in managing their expenses but also in navigating the complexities of healthcare finance. Through innovation, compassion, and unwavering commitment, we aim to deliver an exceptional and thorough financial experience, reinforcing our role as compassionate allies in our patients’ health journeys. Excellence in patient financing is just the beginning; our true mission is to empower patients, foster financial confidence, and contribute to a healthier, more informed community. Advancing Healthcare. Engaging Patients.