How it Works: PayZen Overview for Patients
In this short one-minute video, learn how PayZen's personalized, affordable payment plan options empower patients to take control of their healthcare expenses.
PayZen Platform Overview
PayZen’s non-recourse patient financing solution drives a significant revenue lift while improving patient affordability and satisfaction. Our platform uses data, automation, and AI to engage the right patients and offer them interest-free payment plans for up to 60 months based on their unique ability to pay. At the same time, we pre-fund providers without recourse, eliminating bad debt and bringing A/R days to zero. Providers get a much higher patient payment rate and accelerated cash. P...
Allegiance Health Management Boosts Cash Flow and Affordability
When Allegiance's Revenue Cycle Team learned of the opportunity to increase affordability, and in turn improve self-pay collection rates, without any staffing needs on their end, they deemed PayZen a “no-brainer solution.” Read the case study to learn how, following a successful pilot at one facility, Allegiance has: Expanded PayZen’s offerings to 7 additional hospitals in its system Realized over $1.5M in incremental patient payments Achieved an impressive patient Net Promoter Score ...
The Ultimate Guide to Patient Financing Approaches
There are lots of patient financing solutions that can help providers improve collection rates on patient balances. How do you choose? The Ultimate Guide to Patient Financing Approaches covers the landscape, so you can make the right decision for you. The guide will help you to more deeply understand: The core issue affecting all patient balance collections Available patient financing options, and their pros and cons A framework for deciding which options are right for your organiz...
North Sunflower Medical Center Transforms Rural Hospital Patient Collections
Even before implementing PayZen’s platform, North Sunflower Medical Center’s COO called it a "no-lose" decision. True to his words, NSMC achieved an immediate ROI, and more than a year later continues to receive glowing feedback from its community. Read the full case study to learn how: North Sunflower’s billing and collections process wasn’t yielding the outcomes it needed, leading to unpaid accounts, bad debt write-offs, and cash flow challenges. After exploring various options, NSMC c...
Maximize Revenue with Patient-Centric Strategies
As patient responsibility surges to make up over 30% of Net Patient Revenue, healthcare leaders have an opportunity to meaningfully impact financial performance simply by fine-tuning patient financing strategies. Embark on a journey through our four-step guide, providing actionable insights to boost cash flow from patient payments while improving access and affordability. From growing the number of paying patients to improving balance sheets to alleviating staff burden, this practical guide e...
PayPod Podcast: Using Payments and Fintech to Solve Healthcare Affordability
PayZen's CEO and Co-Founder, Itzik Cohen, discusses the company's tremendous progress in tackling healthcare access and affordability and discusses how recent legislation around price transparency makes PayZen’s Care Card such a timely product.