Full-Time
PayZen
51-200 employees
Creates personalized, no-fee patient payment plans
Compensation Overview
$120k - $140k/yr
Senior
San Francisco, CA, USA
In-office required on Mondays, Tuesdays, and Thursdays.
Upload your resume to see how it matches 7 keywords from the job description.
PDF, DOC, DOCX, up to 4 MB
- At least 5+ years of relevant working experience (in-house and/or firm) of commercial and corporate work, preferably in Financial Services.
- Exceptional attention to detail with a proven ability to handle sensitive information with discretion and maintain confidentiality.
- Strong research and analytical skills, with a continuous improvement mindset and the ability to identify and implement process enhancements.
- Demonstrated initiative and ability to work independently while balancing multiple priorities in a fast-paced, high-growth environment.
- Excellent organizational skills, including the ability to track complex workflows, meet deadlines, and adapt to shifting priorities.
- Outstanding written and verbal communication skills, with the ability to collaborate effectively across legal, compliance, and cross-functional teams.
- Technically proficient and comfortable learning new tools and systems to improve legal and compliance operations.
- Local to the Bay Area - HQ in San Francisco, CA
- Act as the first point of contact for Legal and Compliance, fielding questions, coordinating signatures, managing state qualifications and filings, and supporting ad hoc projects.
- Build and scale processes and tools to improve workflow, increase velocity, and measure team impact.
- Research legal requirements and partner with the Legal and Compliance team to develop guidance on legal and compliance issues.
- Design, build, and lead cross-functional projects spanning compliance, HR, contracting, and corporate governance.
- Maintain company books, team records, and compliance documentation; oversee data gathering and record-keeping.
- Draft and assist in contract negotiations and agreements; develop training and documentation for new processes.
PayZen helps make healthcare more affordable by creating personalized payment plans for patients using data analytics and artificial intelligence. Their plans are designed to be simple and transparent, ensuring that all patients can access 0% interest, no-fee options. By serving hospitals and healthcare providers, PayZen improves patient access to care and increases collection rates, allowing patients to receive necessary treatments without financial stress. The company's goal is to alleviate the burden of medical expenses for patients while enhancing the financial health of healthcare providers.
Company Size
51-200
Company Stage
Series B
Total Funding
$472M
Headquarters
San Francisco, California
Founded
2019
Simplify's Take
What believers are saying
- Partnership with Palomar Health expands PayZen's reach in the healthcare sector.
- Recent $232M funding boosts resources for platform enhancement and market expansion.
- Appointment of experienced executives strengthens leadership and strategic decision-making.
What critics are saying
- Increased competition from AI-driven healthcare fintech companies threatens market share.
- Financial instability of hospitals may impact PayZen's partnership and revenue growth.
- Reliance on debt financing poses financial risks if growth expectations aren't met.
What makes PayZen unique
- PayZen offers 0% interest, no-fee payment plans for healthcare expenses.
- The 'Care Now, Pay Later' model allows immediate treatment with manageable installments.
- PayZen uses AI and machine learning for personalized patient payment plans.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Stock Options
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↑ 0%2 year growth
↑ 0%PayZen has hired Chiranjib Gupta as its first chief risk officer.
PayZen, a leading healthcare-focused fintech company using AI-powered solutions to make healthcare affordable for all, announces the appointment of Brandon Pace as its Chief Legal Officer.
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.
Itzik Cohen, CEO at PayZenHospitals serve as the lifeblood of our communities, delivering essential healthcare services to millions while also providing critical jobs nationwide. However, many of these indispensable institutions face severe financial strain. Nearly 40% of American hospitals expect to continue losing money from operations into 2024, with almost 80% operating at or near break-even. This precarious financial situation poses a significant threat to the sustainability of our healthcare system and, by extension, to the health and well-being of countless Americans.The U.S. healthcare system is in the midst of an affordability crisis that hurts both patients and healthcare providers. Self-pay patient balances now account for over 30% of healthcare revenue, yet the collection rate on these balances is dismally low, ranging between 20–30%
Artificial intelligence (AI) is making its mark on the business world, with several tech companies reporting growth in retail and healthcare sectors. These firms are leveraging AI to address persistent challenges, from eCommerce sizing woes to mounting medical bills, signaling a potential shift in how industries approach longstanding issues. Zapata AI Reports Q2 Growth. Zapata, an enterprise AI software provider, reported second-quarter revenue of $2 million, up 40% from $1.43 million in the same period last year. The Boston-based company, specializing in quantum-inspired AI solutions, saw its gross margin improve to 36% from 19.7% year-over-year