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PayZen

Crawford Memorial Hospital Partners with PayZen to Enhance Patient Affordability and Eliminate Financial Barriers

ROBINSON, ILLINOIS – Crawford Memorial Hospital, an award-winning critical access hospital serving the Crawford County, Illinois, community and beyond has joined forces with PayZen to empower patients in managing healthcare costs and eliminating financial barriers to care. This partnership exemplifies both Crawford's and PayZen’s commitments to making quality healthcare accessible to all, regardless of financial circumstances. The benefits of the PayZen-Crawford Memorial Hospital Par...

Crawford Memorial Hospital Partners with PayZen to Enhance Patient Affordability and Eliminate Financial Barriers

ROBINSON, ILLINOIS – Crawford Memorial Hospital, an award-winning critical access hospital serving the Crawford County, Illinois, community and beyond has joined forces with PayZen to empower patients in managing healthcare costs and eliminating financial barriers to care. This partnership exemplifies both Crawford's and PayZen’s commitments to making quality healthcare accessible to all, regardless of financial circumstances. The benefits of the PayZen-Crawford Memorial Hospital Par...

How healthcare providers can tackle medical debt to help improve health equity

Millions of adults in the U.S. struggle to bear the weight of soaring health care costs. A June 2022 survey from Gallup showed that nearly 40% of Americans — an estimated 98 million people — had delayed or skipped healthcare treatments, cut back on regular household expenses, or borrowed money in the previous six months due to high costs of medical care.

How Hospitals and Health Systems Can Help Patients Avoid Medical Debt

Medical debt is a serious problem for patients and healthcare providers. Fortunately, hospitals and health systems can take steps to protect their revenue and help patients afford care.  For millions of Americans, medical debt leads to a financial crisis, putting them at risk of poverty or even bankruptcy. For millions more, debt is a source of stress and aggravation. And for hospitals and health systems, unpaid medical bills mean decreased revenue, increased expenses, and the specte...

The First Steps to De-Risking Your Balance Sheet Through Cash Acceleration

The balance between tending to your cash flow needs and nurturing the patient is a delicate one, but one that can be managed with very intentional steps and the latest in healthcare financial technology.  Healthcare providers have faced unique challenges over the past three years, with more than half of U.S. hospitals projected to have negative margins through 2022. There is no...