Full-Time
PayZen
51-200 employees
Creates personalized, interest-free patient payment plans
Compensation Overview
$160k - $190k/yr
Mid, Senior
San Francisco, CA, USA
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- 4+ years of hands-on experience leading QA teams while designing and optimizing test automation frameworks. Ability to assess and refine the QA tech stack (currently Python) as the team grows.
- Proven ability to design and develop automation frameworks for UI, services, and APIs using tools like Selenium, Cypress, or Webdriver.io, with experience in API testing using Postman, Swagger, or Charles.
- Deep understanding of the software development lifecycle, actively contributing from initial requirements gathering through deployment, rather than only after development is complete.
- Experience working in microservices, API-driven environments with exposure to Kubernetes, JavaScript, Node.js, and SQL/NoSQL databases.
- Proficient in CI/CD integration, troubleshooting, and leveraging monitoring/logging tools such as Sentry, Datadog, or New Relic to enhance testing processes.
- Strong analytical skills with a background in test case creation, execution, and management using tools like Testrail or Xray for web, mobile, and backend applications.
- Ability to work closely with Product, Engineering, and other teams to ensure thorough documentation, clear requirements, and timely release cycles.
- Lead our automation and testing strategy, ensuring product quality through collaboration with engineering and product teams.
- Develop automation frameworks, optimize CI/CD processes, and leverage tools like Playwright and Postman.
- Manage the QA team, drive best practices, and contribute to a product improving healthcare access for all Americans.
- Report to our VP of Engineering, collaborating closely with Engineering and Product to understand requirements, devise effective test plans, and enhance overall product quality.
PayZen helps make healthcare more affordable by offering personalized payment plans for patients, utilizing data analytics and artificial intelligence to ensure all patients can access 0% interest, no-fee options. The company serves hospitals and healthcare providers, improving patient access to care and increasing collection rates through its "Care Now, Pay Later" platform, which allows patients to receive medical care immediately and pay over time. PayZen stands out by focusing specifically on the financial challenges in healthcare, aiming to reduce the burden of medical expenses for patients while enhancing the financial health of providers.
Company Size
51-200
Company Stage
Debt Financing
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.
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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