logo
logo

Pay Zen announced it raised $14.6 Million in an initial filing from an offering of $18 Million

Pay Zen announced it raised $14.6 Million in an initial filing from an offering of $18 Million

12/08/22, 11:06 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan francisco
Money raised
$14.6 million
Industry
information technology

Company Info

Company
PayZen
Location
600 california street
san francisco, california, united states
Additional Info
PayZen fights healthcare inequity by addressing affordability at the point of payment. Our platform uses Affordability Financing to create a more positive customer experience that gives patients zero-cost options to help them manage medical bills. With PayZen, medical providers experience a fintech platform that embeds with existing revenue cycle solutions, and requires no additional staff to operate. Providers benefit from non-recourse and recourse cash flow acceleration, and a 30–50% collections rate increase. Why does the healthcare industry need Affordability Financing? Half of Americans carry medical debt, and most patients can’t even afford a $400 emergency expense. We need more equitable solutions that disrupt the industry and improve peoples’ lives. PayZen’s goal is to make healthcare affordable to 100% of patients and providers through Affordability Financing. Our team is dedicated to this mission, and we’re carrying it out thanks to top investors who believe in what we do. Together, we’re building a better healthcare industry.

Related People