The operating system for healthcare affordability

PayZen reduces financial barriers for patients to afford healthcare while removing complexity and friction for providers to get paid.

PayZen is trusted by hospitals, health systems, and physician groups of all sizes

Geisinger
UTMB Health
Common Spirit
Cape Fear Valley Health
Memorial
Allegiance Health Management
Marshall Medical Center
Exeter Hospital
Evangelical Community Hospital
ARHS
Crystal Clinic Orthopaedic Center
Optim Health System
Geisinger
UTMB Health
Common Spirit
Cape Fear Valley Health
Memorial
Allegiance Health Management
Marshall Medical Center
Exeter Hospital
Evangelical Community Hospital
ARHS
Crystal Clinic Orthopaedic Center
Optim Health System

Solving affordability at every stage of the care cycle

PayZen patient payment plans
PayZen Care Card
PayZen healthcare affordability triage

Post-procedure patient payment plans

Patients can sign up for a custom payment plan for outstanding medical bills with terms up to 60 months, with no interest or fees. Our plans are fully automated, everyone is approved, and we provide no-recourse pre-funding to providers.

PayZen patient payment plans

Care Card: a payment plan in your pocket

The PayZen Care Card includes all of the same benefits of the plan product, but was designed with pre-care, repeat, and longer care cycles in mind. With a single swipe, bills are automatically split into affordable monthly payments.

PayZen Care Card

Automate patient affordability triage

Using AI and machine learning, we're poised to automatically direct eligible patients to financial assistance or Medicaid, or assist with settlements. Providers can rely on PayZen for all aspects of healthcare affordability during the care cycle.

PayZen healthcare affordability triage

The impact of our patient financing solutions

Providers see accelerated capital and a substantial lift in patient payments

Our healthcare providers have improved patient payment rates by 32%

This makes it simpler to afford and pay medical bills with no-interest plans on friendly, customizable terms. We understand that everyone’s financial situations are different and 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 at Geisinger

Patients are highly satisfied and getting the healthcare they need

Our patient NPS score of 71 is 25+ points above the industry average

I love how there's no interest and everyone is approved. I used the Care Card for my MRI, and was glad to be able to pay over time.

Destinie A.

Integrate PayZen with your existing healthcare ecosystem

MyChart logo
Epic Systems logo
Flywire logo
Cerner logo
Meditech logo
Veradigm - formerly Allscripts
Athenahealth logo

Why we need patient financing solutions

The vicious cycle of patient affordability

Rising patient out of pocket expenses

Rising patient out of pocket expenses

Healthcare costs are rising and more of the overall payment responsibility is shifting to patients. That burden doubled in both of the last two decades and is predicted to double again in the next decade.

Did you know?

The average family has a $4,400 annual healthcare out-of-pocket burden.

– Bankrate, 2023
Lower collection rates

Lower collection rates

As fewer patients receive and pay for care, provider margins tighten, the costs of delivering healthcare services increase, and higher costs are inevitably passed onto patients.

Did you know?

The overall self-pay collection rate from patients is at 20%-30%.

– MD Clarity, 2023
Lack of affordable payment options

Lack of affordable payment options

Higher out-of-pocket expenses and the lack of affordable, transparent bill payment options often lead to avoidance of preventative care and deferment of necessary treatment.

Did you know?

Unpaid medical bills are the #1 reason for personal bankruptcy.

– CNBC, 2019

Join us in making healthcare affordable for everyone

Check out these resources for healthcare and patient finance leaders

Maximize Revenue with Patient-Centric Strategies

As patient responsibility surges to make up over 30% of Net Patient Revenue, healthcare leaders have an opportunity to meaningfully impact financial performance simply by fine-tuning patient financing strategies. Embark on a journey through our four-step guide, providing actionable insights to bo...