CSI chief executive officer Mitch Patridge said Palomar Health specifically expressed to their team the importance of delivering the highest level of patient satisfaction throughout the entire experience, from care through billing.

"We have heard from our patients on what 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," said Patridge.

"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."

ClearBalance is a patient-friendly program, which assists the users by providing an affordable repayment option.

The program caters patients the opportunity to receive a long-term payment option featuring low monthly payments with no interest or late fees.

According to the financial institution, the easy to pay loans enables patients and their families to meet their financial obligations at the time of their discharge from hospitals.