News & Press
PR Newswire: Allegiance Health Management Taps ‘Care Now, Pay Later’ Leader PayZen to Modernize Payment Affordability Strategy
Louisiana-based acute and post-acute health system, Allegiance Health Management, has selected PayZen, a fintech company tackling healthcare affordability, to provide its patients with a simpler, more modern and affordable way to pay for out-of-pocket medical expenses.
Crunchbase: Medical Fintech Startup PayZen Raises $15M To Grow ‘Care Now, Pay Later’ Model
The round, announced Wednesday and led by SignalFire, included participation from Link Ventures and 7Wire Ventures alongside previous investors Viola Ventures and Picus Capital. The funding brings the startup’s total investments to $20 million since it was founded in late 2019.
TechCrunch: PayZen Secures $15M Series A for ‘Care Now, Pay Later’ Healthcare Platform
Healthcare costs in the U.S. are steadily rising, and the share patients must pay out-of-pocket has increased in tandem. Nearly one in three American households have delayed medical care due to its cost, per a 2019 Gallup poll.
PR Newswire: SignalFire Backs ‘Care Now, Pay Later’ Pioneer PayZen to Fuel Healthcare Affordability
PayZen, a mission-driven fintech company tackling healthcare affordability, today announced it has raised $15 million in Series A funding. SignalFire led the round, with participation from Link Ventures and 7wireVentures, as well as existing investors Viola Ventures and Picus Capital, bringing the total amount raised to $20 million.
Healthcare Finance: Geisinger Rolls Out Zero-interest Payment Plans for Out-of-pocket Medical Expenses
Health system Geisinger, based out of Danville, Pennsylvania, is entering into the Artificial Intelligence arena, rolling out an AI-backed approach to medical billing whereby patients can select zero-interest payment plans that can be paid out over a timeline of their choosing.
Pymnts.com: Geisinger Debuts Zero-Interest Payment Plans For Consumer Medical Expenses
Geisinger unveiled a customizable approach to medical billing Thursday (Aug. 19) that uses artificial intelligence (AI) and allows patients to choose zero-interest payment plans that can be paid off over whatever timeframe they choose, according to a press release.
Becker’s Health: Geisinger Ups Payment Adherence 23% with AI-backed Payment Solution
Geisinger is partnering with fintech startup PayZen to launch an artificial intelligence-backed financing solution for patients. Any patient who has an out-of-pocket cost of more than $250 is eligible to create a personalized payment plan, according to an Aug. 19 news release shared with Becker's.
Becker’s Health: The Case for Fintech in Healthcare
Fintech has transformed many aspects of financial services over the past decade. Technologies such as AI and machine learning, for example, have helped unlock credit access to the previously unbanked. Likewise, fintech is helping to reduce fraud, speed up processes and enhance user experiences—all of which has led to the great unbundling of financial services.
Journal of Healthcare Contracting: Capstone Health Alliance Partners with PayZen
Capstone Health Alliance (Fletcher, NC) announced a new partnership with PayZen, a mission-driven FinTech company that uses data and Artificial Intelligence (AI) to create individualized patient payment plans that families can afford.
PitchBook: Fintech Takes Aim at a $400B Healthcare Puzzle
After Omry Ben David's wife gave birth via a C-section, the couple received an unexpected medical bill totaling $20,000.
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