Is there a better version of this code?

question.rb

# Original code. The problem here is that if there's an existing
# Bar object for the user then we end up with two objects. That's
# a valid case though -- we just don't want it here. I want it to 
# result in the user having one confirmed Bar object.
foo = Bar.create_or_raise(
  user: user,
  entity: entity,
  status: :confirmed,
  role: :owner
)

# The following accomplishes that by trying to find a bar object
# for the user/entity combo before creation. *BUT* it seems like
# there is a better way to do the find/update.
foo = Bar.find_or_create_by!(user: user, entity: entity)
foo.update(status: :confirmed, role: :owner)

# Is there a better, or at least cleaner looking, way to do this?