Deliver Financial Health To Healthcare with PayZen.
PayZen uses AI-powered technology to solve healthcare affordability end-to-end.
Our patient payment solution enables happier, healthier patients, and better financial outcomes for providers.
Our seamless integrations with EHR/EMR systems and personalized patient payment options create an unrivaled patient experience. Our healthcare payment platform allows providers to accelerate cash and increase patient payments, without additional administrative tasks or sacrificing patient satisfaction.
The healthcare payment platform trusted by hospitals, health systems, and physician groups of all sizes
Care Card
Post Care
Backbook Boost
Remove financial barriers and improve patient outcomes.
- Remove financial barriers to great care with the PayZen Care Card, a physical and virtual card that offers all the benefits of our popular patient payment plan service.
- Patients can use it to finance scheduled medical procedures or ongoing care, splitting charges into affordable monthly payments with personalized terms.
- The card is white labeled for your health system, and can be an exclusive benefit for your patients, driving repeat use and enhancing healthcare affordability.
Leverage technology and data to drive a 30% increase in patient payments.
- Each patient receives a personalized payment plan, offering them flexibility and giving providers the highest chance of receiving payment from each patient.
- Our fully automated healthcare payment platform simplifies enrollment and servicing. The technology requires no IT costs and allows providers to go live in four weeks.
- Improve your balance sheet with our healthcare financing solutions while ensuring better payment success for patients on PayZen.
Boost Cash Flow and Accelerate Accounts Receivable by Transitioning your Backbook to PayZen.
Transition your book of payment plans to PayZen’s healthcare financing solutions and unlock immediate cash flow while simplifying the management of patient payments. Leading to:
- Superior economics and accelerated cash flow
- Reduced administrative burden
- Seamless patient experience
What customers say about PayZen's healthcare financing solutions
PayZen allowed us to set barriers and parameters and to offer more defined and proactive plans. More patients started signing up for payment plans instead of going into bad debt, and the patients are paying well, so it is a win all the way around.
Karen Dostart
Director of Hospital Patient Billing
Marshall Medical Center
PayZen’s no-interest plans and unique payment over time offering is an opportunity for our patients to develop the payment strategy that works best for them, while still getting the level of care they deserve.
Michael Fontenot
CFO
Claiborne Memorial Medical Center
This makes it simpler to afford and pay medical bills with no-interest plans on friendly, customizable terms. It’s our obligation to make sure our patients don’t avoid or put off necessary care for financial reasons.
Robert Dewar
Chief Revenue Officer
Geisinger
Unlock incremental revenue and accelerate cash flow while delivering an empathetic, high-quality patient experience
Check out these resources for healthcare finance leaders
Propensity to pay vs. ability to pay in healthcare: What’s the difference and how to achieve 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 intelligence-based algorithms to interpret historical data and forecast collection success rates. But especially when it comes to patient collections in healthcare, ability to pay is also crucially important, yet historically overlooked.
How health systems can strengthen finances amid recessionary pressures
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 expected to increase closures without the continuation of COVID relief aid. Given this pattern and the soaring costs of labor, supplies and services, it’s not enough to take a wait-and-see approach to your health system’s financial foundation.
Why Now is the Time to Invest in a Healthcare Affordability Platform
Delivering personalized patient payment plans is a major step in tackling the healthcare affordability crisis.