The ClearBalance program is now available to Mosaic patients through Republic Bank & Trust. Participating patients may pay medical debt of $250 to $25,000 on a monthly basis over an extended time period interest-free, according to the report. Terms of five months to 72 months are acceptable under the program. The bank is liable.
Deborah Vancleave, vice president of Mosaic’s revenue cycle division, told the News-Press 2,400 people have used the program since its June launch.
More articles on healthcare finance:
CHI’s operating loss swells to $585.2M in FY 2017
California hospital’s reporting errors cause Medicare to overpay 173 other facilities
HCA, Tenet, CHS and LifePoint shares jump after McCain comes out against latest ACA repeal bill
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
