Chairman & Founder
Mitch Patridge is Chairman of ClearBalance®. As a successful entrepreneur for more than 30 years, Mitch has a broad background in banking, portfolio acquisition, management, servicing centers, real estate and healthcare financial services. Mitch led the acquisition of ClearBalance in 2003 and has since grown the company and its offerings of consumer-friendly patient loan programs. Today, the company operates from its San Diego headquarters and has employees across the country in Atlanta, Boise, Dallas, Nashville, New Haven, Conn., Kansas City and Jacksonville, Fla. ClearBalance has served more than 4 million patient accounts for hundreds of health systems, clinics and physician practices nationwide. Recognized as an authority in healthcare and consumer finance, Mitch has been featured extensively in the healthcare trade media and has published several articles, including “The Impact of Tightening Credit Markets on Healthcare Collections,” “Evaluating Patient Financing Programs,” “Compassionate Patient Financing Can Cure a Hospital’s Financial Ills,” and “Ten Questions Hospitals Should Ask Before Considering a Patient Funding Program.”
Before acquiring ClearBalance, Mitch was active in California real estate and high tech. He co-founded American Custody Corp., a national buyer of non-performing mortgages and REO. He later sold the business to GMAC/RFC. Mitch also co-founded Insight Electronics, a division of the Memec Group PLC, which was later acquired by Avnet Electronics.