Balance Sheet Boost
Boost Cash Flow and Accelerate Accounts Receivable by Transitioning your Backbook to PayZen.
Health systems often struggle with slow and incomplete collections, leaving revenue unrealized and straining balance sheets.
Transition your book of payment plans to PayZen to immediately unlock cash flow and reduce your A/R. Our platform ensures stronger balance sheets, reduced administrative burden, and a seamless patient experience.
What a Backbook Transition Delivers
Health systems can transition their existing book of payment plans to PayZen to unlock immediate cash flow, reduce accounts receivable, and simplify payment plan administration. With PayZen’s non-recourse model, PayZen assumes the repayment risk, giving providers accelerated cash without adding credit risk.
The PayZen difference
Superior Economics
Earn more upfront than your health system would collect internally from extended-term payment plans.
Accelerate Cash Flow
Seamlessly transition your payment plan accounts and convert AR into immediate cash flow.
Happier Patients
Deliver a best-in-class repayment experience that fosters patient satisfaction and loyalty.
Agile Operations
Experience a straightforward setup and a smooth transition process that keeps patient interactions hassle-free.
What a Backbook Transition Means for CFOs
For CFOs and revenue cycle leaders, transitioning a backbook to PayZen’s patient financing platform converts a slow-moving receivables balance into immediate cash, reduces bad debt exposure, and removes the administrative cost of managing legacy in-house or third-party payment plans. Before selecting a financing partner for a backbook transition, revenue cycle leaders should understand what to evaluate in a patient financing partner. The result is a healthier balance sheet without added staff burden or collections risk.
The impact shows up in real numbers: Marshall Medical Center saw $1.2 million in incremental patient payments within nine months of implementation.
Balance Sheet Boost: Frequently Asked Questions
Most health systems complete a backbook transition within four weeks, with a dedicated PayZen team managing the technical and operational lift so revenue cycle staff are not pulled into extra work.
No. Patients continue their existing payment terms, PayZen manages billing and collections going forward with the same or improved patient experience, including flexible reminders and support.
Accounts are evaluated based on remaining balance, payment history, and time remaining on the plan, then priced accordingly so health systems receive immediate cash flow for accounts that would otherwise take months or years to collect.
PayZen offers a non-recourse backbook transition. Once accounts transition, they are off the health system’s books permanently, with no repurchase obligation regardless of repayment outcome.
