Unique datasets power our proprietary model that identifies the best option for each patient to access and afford care, while removing the administrative burden for providers. Our platform is fully automated and seamlessly integrates into existing systems such as Epic MyChart or Flywire, delivering an unrivaled patient experience.
Increase patient payments by 30%
and unlock capital without recourse
Drive additional opt-ins for patient payment plans
Offer patients affordable payment plans rather than sending accounts to bad debt. We approve 100% of your patients, offer them payment options up to 60 months based on their unique ability to pay, and never charge interest, leading to high take-rates and a substantial lift in patient payments.
Accelerate capital without recourse
We get providers out of the financial services business by paying you up front without recourse. You no longer have to spend time managing and reconciling in-house payment plans, and with our Provider360 portal, you have full visibility into your program results at any time.
Free up your team’s time
From engagement to plan enrollment to servicing, our platform is fully automated. There are no IT costs, no burden on your revenue cycle management staff, and most providers go live within 4 weeks.
Increase patient access & drive loyalty
Remove financial barriers to care with the Care Card
The PayZen Care Card includes all the benefits of our payment plan product in a physical and virtual debit card for convenient and ongoing use. Offer the Card to patients ahead of scheduled procedures or for longer care cycles.
Put affordability in your patients’ pockets
Patients can use the card to split any charges with your health system into affordable monthly payments. Card activation is instant and the card terms are tailored to your patients’ unique circumstances.
Drive repeat use with your health system
The card is white labeled to your health system and we support you in promoting it as an exclusive benefit for your patients.
Automate assessment of patient financial eligibility
Our vision is broader than helping patients break large balances into monthly payments: we use data, automation, and AI/ML to solve healthcare affordability holistically. Some patients qualify for financial assistance, government programs, or a settlement. We’re building a trusted technology platform that ensures patients are enrolled in the best option or program to afford their care.
PayZen delivers a superior ROI from Day One
Get started with a conversation
Check out these resources for healthcare finance leaders
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...
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...
Delivering personalized patient payment plans is a major step in tackling the healthcare affordability crisis.