Loyale Healthcare and ClearBalance entered a partnership that will expand Loyale's patient engagement platform to include ClearBalance's patient financing solutions.
Here are three things to know about the partnership.
1. The partnership is the result of increasing industry demand for revenue cycle solutions designed to address rising consumer expectations and patient concerns regarding affordability amid increased patient out-of-pocket spending, according to a news release.
2. Through the partnership, Loyale's patient financial solution will include ClearBalance patient pay options, such as loans.
3. Overall, Loyale and ClearBalance aim to improve patient access and affordability, as well as enhance provider revenue cycle performance.
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