New payment solution launching across Palomar Health facilities in Fall 2024
ESCONDIDO, CA — December 18, 2024 — Palomar Health, California’s largest healthcare district, is proud to announce its partnership with PayZen, a technology company tackling healthcare affordability with AI-powered solutions. This collaboration marks a significant step forward in providing Palomar Health patients with seamless, interest-free payment options while enhancing their access to care. Through this partnership, Palomar Health will transition from its current program to PayZen’s advanced platform, offering numerous benefits.
With PayZen, patients can easily enroll in interest-free payment plans through text, email, or online portals, simplifying the process of managing their medical expenses. Committed to providing affordable care and patient satisfaction, Palomar Health aims to enhance its financial operations through this innovative solution.
“This partnership highlights Palomar Health’s ongoing mission to reimagine healthcare by providing innovative patient-centered solutions,” said Diane Hansen, President and CEO of Palomar Health. “With PayZen, we’re making it easier for patients to prioritize their health without financial stress.”
PayZen offers a unique approach to healthcare affordability by utilizing technology to deliver personalized payment plans at no cost to patients. For Palomar Health, this partnership accelerates cash flow while eliminating financial barriers that patients may face. Patients with qualifying balances will receive a link via SMS or email to enroll in a no-fee and no-interest payment plan for their medical expenses, fully aligned with Palomar Health’s patient-centered financial policies. The process is fast and secure and requires no downloads or additional apps. Access will also be available through Palomar Health’s website and patient portals supported by live, U.S.-based customer service.
“We are proud to partner with Palomar Health to redefine how healthcare affordability is addressed,” said Itzik Cohen, CEO of PayZen. “By leveraging our technology, we’re not only simplifying the payment process but also removing financial barriers that prevent patients from accessing the care they need. Together, we’re making healthcare more inclusive, seamless, and accessible for everyone.”
This partnership provides significant benefits for both patients and Palomar Health. Patients will have access to zero-interest, no-fee payment plans with a quick and automated enrollment process without impacting their credit scores. PayZen delivers non-recourse cash acceleration for Palomar Health while improving patient financial engagement.
For information about PayZen, visit PayZen.com. For more information on Palomar Health, visit PalomarHealth.org. For all media inquiries, please contact PR@TeamInnoVision.com. Esta información y comunicado de prensa están disponibles en español para los medios de comunicación que así lo requieran.