PayZen Logo
PayZen
Claimed

PayZen

PayZen is a healthcare payments platform that pays health systems on behalf of patients, then uses AI to create personalized, interest-free payment plans based on patients' ability to pay.

Overview
Customers

Product Overview

Security and Compliance Certifications: SOC 2 Type 2, HIPAA
PayZen is a healthcare payments platform that pays health systems on behalf of patients, then uses AI to create personalized, interest-free payment plans based on patients' ability to pay. It integrates with EHRs and financial systems to ingest relevant patient data, and works with patients to identify the right payment schedule for them.

Customers Served

Hospital / Health System
Ambulatory Practice

Categories

Company Info

HQ Location
San Francisco, California
Founded
2019
Headcount
51-200
Total Funding
$240M
Latest Round
Series B
Latest Round
08/13/2024

Company Socials

LinkedIn
X
Crunchbase
YouTube
Vimeo
GitHug

Vendor’s Notes

Use Cases

Providers use our AI-powered platform to offer patients personalized, interest-free payment options rather than ultimately sending them to bad debt.

Core Differentiators

PayZen offers an efficient patient financing solution that leverages AI and automation to enhance payment collection. This approach helps healthcare providers receive payments more quickly and increases overall collection rates, while simultaneously improving the experience for both patients and staff.

Demos

Customers

12
Verified customers
Type
100%
0
2
4
6
8
10
12
Hospitals / Health System (11)
Provider Headcount
33%
67%
0
1
2
2001-5000 (1)
5001+ (2)
Showcased Customers
See all (12)
Memorial Hospital System
Type: Hospitals / Health System
Optim Health System
Type: Hospitals / Health System
Geisinger Health
Type: Hospitals / Health System
Headcount: 5001+
CommonSpirit
Type: Hospitals / Health System
Headcount: 5001+

Similar Products

Cedar Pay logo
Cedar

Cedar Pay

Company Info
Founded: 2016
Headcount: 201-500
Customers
Verified Customers: 4
Customers Served: Digital Health Provider, Ambulatory Practice, Hospital / Health System
Product Overview
Security and Compliance Certifications: HITRUST CSF, HIPAA, PCI DSS
Cedar Pay is a patient billing and payment solution that integrates health plan data with provider billing so patients can view and resolve their medical bills, see real-time deductible statuses, and access HSA/FSA balances. For providers, Cedar Pay consolidates statements and explanations of benefits, provides tailored payment options, and automates and optimizes communications using machine learning.
Decoda Health logo
Decoda Health

Decoda Health

Company Info
Founded: 2023
Headcount: 1-10
Customers
Customers Served: Ambulatory Practice, Hospital / Health System
Product Overview
Security and Compliance Certifications: SOC 2 Type 1, HIPAA
Decoda Health is an AI-enabled patient billing and communications platform with a unified dashboard for centralized patient interactions and automated billing and invoicing. Key features include automated balance aging, AI-enabled messaging and calls for payment reminders and follow-ups, and integration with EHR/PMS systems.
Ecton logo
Ecton

Ecton

Company Info
Founded: 2023
Headcount: 1-10
Customers
Customers Served: Ambulatory Practice, Hospital / Health System
Product Overview
Ecton is a patient financial engagement platform designed to enhance the payment experience with a combination of advanced payment rails and an AI-driven financial counselor that aids patients in understanding the best payment options, optimizes discounts, and can take payments directly. This AI co-pilot can work alongside existing financial counselors, addressing the significant shortage in health systems.