PayZen is a trusted platform in San Francisco that aims to reduce financial barriers for patients to afford healthcare while simplifying the payment process for providers. They offer post-procedure patient payment plans with customizable terms and no interest or fees, as well as a Care Card that allows bills to be automatically split into affordable monthly payments. PayZen also plans to automate patient affordability triage using AI and machine learning, providing financial assistance or Medicaid options to eligible patients. Their patient financing solutions have resulted in improved patient payment rates and increased patient satisfaction.
With rising healthcare costs and higher out-of-pocket expenses, PayZen recognizes the need for affordable payment options and transparent bill payment solutions. They understand that unpaid medical bills are a leading cause of personal bankruptcy and aim to address this issue by offering no-interest plans and ensuring that everyone is approved for their payment plans. By integrating with existing healthcare ecosystems, PayZen strives to make healthcare affordable for everyone and improve financial performance for healthcare providers.
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