PayZen secures $23M Series B, $200M debt facility to grow its “care now, pay later” product

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TechCrunch 12h ago

PayZen secures $23M Series B, $200M debt facility to grow its “care now, pay later” product - TechCrunch

Quick Summary:

PayZen aims to make healthcare more affordable by enabling patients to pay their bills in interest and fee-free instalments over time.

PayZen currently works with over 60 health systems and large physician groups like Pennsylvania’s Geisinger and multi-state Common Spirit, who make the startup’s product available to all patients who receive care from them.

That’s why Cohen doesn’t view them as direct rivals.“Providers are interested in an integrated solution,” Cohen said.“Everybody is moving to Epic.