The Latest at PayZen

Patient collections in healthcare: propensity to pay vs. ability to pay

Propensity to pay vs. ability to pay: what’s the difference?

And how does ability to pay affect patient payment success? The billing and collections industry often uses the concept of propensity to pay to express the likelihood that a group of customers will pay their bills. Propensity-to-pay calculations continue to get more precise, with artificial...

PayZen Recognized as Emerging Healthcare Affordability Solution

PayZen was founded in 2019 with a mission of solving the affordability problem for both patients and healthcare providers. We are proud to share that this month, KLAS Research (KLAS), the world’s leading third-party healthcare IT research organization, spotlighted PayZen’s platform as an em...

How health systems can strengthen finances amid recessionary pressures

How health systems can strengthen finances amid recessionary pressures

Now is the time for hospitals to shore up cash flow Among the uncertainties facing the healthcare industry in 2023, one challenge is already rising to the top of the priority list: cash flow. Half of U.S. hospitals ended last year with a negative operating margin, with rural hospitals expe...

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

Learn what role medical debt plays in driving health inequity – and how providers can help close the gaps. 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 pe...

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 ...