PayZen

We are delighted to share our latest partner success story with Marshall Medical Center! With PayZen, this independent California hospital saw an impressive $1.2 M in incremental patient payments within the first nine months of usage, all while delivering a high-quality, empathetic patient experience 📈 But that’s not all – after PayZen’s seamless integration into Marshall’s Epic system, the hospital experienced: ✅ Reduced bad debt through increased signups for affordable payment plans ✅ Relief for revenue cycle staff through PayZen’s fully automated program ✅ Sustained financial independence and stability We are proud to support Marshall Medical Center in its mission to provide exceptional patient care, while maintaining financial health. Read the full story here → https://lnkd.in/gS-rxdrJ

A recent survey revealed that, on average, Americans have $1,164 worth of wiggle room for healthcare expenses per year - only $97 per month. This means that it no longer takes a major illness for medical costs to spiral out of control; even a minor injury will do it. There is a clear misalignment between patients’ ability to pay and the ever-rising costs of healthcare. PayZen's innovative, AI-powered solutions are designed to bridge this gap, proactively meeting patients where they are to ensure they can access and afford necessary care. The result? 👇🏽 Happier, healthier patients, and improved financial performance for providers. Learn more about PayZen and our mission to bring financial health to healthcare: https://lnkd.in/gdJhe4nz

See you in Vegas! 🎲✨The PayZen team is excited to attend the Healthcare Financial Management Association (HFMA) Annual Conference next week. Come by booth 244 to discover how PayZen’s innovative AI-powered platform unlocks incremental revenue and cash flow to health systems while delivering an empathetic, high-quality patient experience. Don’t miss your chance to win exciting giveaways! Plus, grab your team and join us during the Monday and Tuesday night receptions to be drawn by a local caricature artist. Looking forward to connecting with you there! #HFMAAnnual

We are excited to announce that PayZen has once again achieved SOC 2 Type II compliance 🔐 🎉 This designation serves as third-party industry validation that we provide enterprise-level data security. A special thank you to all who made this possible, and especially to Prescient Security, the worldwide leader in independent security and compliance attestation. Now and always, provider trust is at the center of our mission to bring financial health to healthcare. Learn more about our steadfast commitment to safeguarding our customers' data → https://lnkd.in/g3yFCNG4

When over 1,000 American consumers were given some hypothetical situations, they made it clear that—for most of them—they are ready to prioritize healthcare expenses. But with costs that often feel insurmountable, they need more flexible, intuitive options to afford their care. Our 2024 Healthcare Affordability in America Report offers a window into the stark disconnect that exists between patients’ willingness and ability to pay. Dig in and learn what providers can do to bridge this gap holistically, ensuring each patient has a path to access and afford necessary care. Read now —> https://lnkd.in/gbCRcacv

We surveyed over 1,000 consumers about the access and affordability of healthcare in the US. The findings point to a clear theme: patients want to access care and resolve their balances, but the bills are simply unaffordable. Consider that:    - 75% of respondents worry about affording unexpected medical bills - Over a third have skipped needed medical care in the past year due to cost - Respondents can afford up to $97 monthly for medical expenses on average Though 77% say making payments over a period longer than 12 months would make care more affordable, there is no one-size-fits-all solution to patients’ financial and care access issues. Read the report to dive deeper into the data on America’s healthcare affordability crisis, learn where providers can start in tackling the problem, and see where the market is headed in addressing affordability holistically (hint: it requires technology). Read now —> https://lnkd.in/g-UbQGuQ #healthcareaffordability #healthcareaccess

We are excited to showcase another success story from our amazing provider partner! Earlier this month, we hosted a webinar featuring Emily Goertz, VP of Revenue Cycle at The University of Texas Medical Branch. Watch the short highlight reel to hear firsthand: - Why Emily’s team sought an external patient financing solution - The importance they placed on automation and patient-friendliness  - How PayZen’s platform positively impacted both patient satisfaction and collection rates Kudos to the UTMB team for your commitment to enhancing the patient financial experience, and thank you, Emily, for your invaluable support! Watch now → https://lnkd.in/gjQMQdWE

Learn what's next for #fintech platform PayZen after the company announced a new c-suite hire.

Today, I’m excited to welcome Antonio Martino “Tony” as PayZen’s CFO! Tony brings to PayZen all the ingredients we need as we grow and take the company to the next phase of maturity. Tony’s track record includes a profound capital markets experience, leading high-growth companies, maturing financial controls, and successfully taking a company public. His background is a perfect fit for PayZen’s growing needs and I’m one lucky CEO to welcome such talent to our incredible leadership team. Tony’s joining is a testament to PayZen’s growth and our commitment to excellence. His expertise will be instrumental in driving our mission forward, as we continue to innovate at the intersection of technology, and healthcare. We are fortunate to have Tony on board, bringing his strategic vision and financial acumen to our team. Welcome to PayZen Tony! Here’s to embarking on this exciting journey of growth and impact! 🌟

We're thrilled to announce that Antonio Martino has joined the PayZen team as our Chief Financial Officer! With a rich career journey at EY, Citi, LendingPoint and Silvergate Bank, Antonio is uniquely positioned to lead PayZen’s financial and capital markets activities through each phase of our growth. Please join us in welcoming Antonio, and check out our latest blog to learn why his blend of experience, expertise, and vision is the perfect one to drive our mission forward —> https://lnkd.in/gz7BCP8M