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AI-backed medical debt company claims payment plans can help US healthcare costs

PayZen’s model relies on buying hospital debt at discount as Republican cuts set to leave millions without insuranceThe CEO of the artificial intelligence-backed medical debt purchasing company PayZen believes payment plans can be part of the solution to America’s high-priced healthcare, even as consumer rights advocates warn third-party financial agreements lack transparency.The company is just one in a sea of healthcare financing companies, whose executives see “acceleration” in conversations with cash-strapped hospitals facing historic Republican-led healthcare cuts. Continue reading...

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