TechTarget: With patient collections at 31%, is AI providers’ new strategy
As out-of-pocket costs and high-deductible health plans continue to rise, health systems are finding that their legacy patient collection strategies are failing to catch up
MedCity News: What Can Providers Do Differently to Get Paid Sooner
A new report from PayZen found that providers collect just 31% of patient bills on average, even as patient payments account for a growing share of health system revenue. PayZen executive Tobias Mezger outlined how providers can improve the patient financial experience through clearer pre-care payment conversations and more flexible financing options.
Fierce Healthcare: Health system revenue heads increasingly turning their attention to patients’ share of the bill
Patient collections are playing a bigger and bigger role in health systems’ total revenues, bringing a new focus on the difficulties organizations face in securing timely, or any, payments for their services, a new survey report warns.
PayZen Appoints Ken Brause as CFO to Support Next Phase of Growth
PayZen, the leading AI-driven patient affordability platform, announced the appointment of Ken Brause as chief financial officer (CFO). The addition reinforces PayZen’s focus on building a seasoned executive team as the company scales its platform and expands its impact across the healthcare ecosystem.