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.
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 gives healthcare providers a way to offer patients flexible, 0% APR payment plans without taking on collections risk or disrupting cash flow. This one-page overview walks through how the platform works end-to-end: patient eligibility and enrollment, provider payout timing, and the compliance safeguards (SOC 2, HIPAA) that keep the program audit-ready. It's built for finance and revenue cycle leaders who need a fast, shareable summary before looping in other stakeholders — down...
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.
Imagine a future where your healthcare experience is as clear and predictable as any other purchase.
