Waystar
Waystar’s cloud-based software provides end-to-end revenue cycle management solutions to simplify healthcare payments and accelerate financial results.
Description
Waystar delivers a comprehensive revenue cycle management solution designed for healthcare providers. The platform integrates AI-driven automation, real-time analytics, and secure claim management workflows that streamline financial operations and reduce administrative burdens.
By ensuring precise eligibility verification, accurate patient financial care, and efficient payment routing, Waystar enhances financial visibility and improves patient satisfaction. Trust in a solution that drives operational excellence across the healthcare continuum.
Services
Financial Clearance
Automate insurance verification, benefits processing, and price transparency with our Financial Clearance service. Experience faster revenue capture and reduced manual effort, ensuring a seamless financial workflow.
Patient Financial Care
Engage patients with our Patient Financial Care service, offering self-service payment options, personalized video EOBs, and accurate cost estimations. This service boosts patient satisfaction while streamlining billing processes.
Claim & Payer Payment Management
Optimize claims monitoring, attachments, and remittance processes with our integrated solution. Reduce denials, accelerate payments, and improve overall revenue cycle efficiency through automated claim management workflows.
Features
AI-Powered Workflow Automation
Enhance productivity with advanced AI that automates critical revenue cycle tasks such as claims processing, eligibility verification, and payment workflows, reducing manual errors and accelerating financial outcomes.
Real-Time Analytics & Reporting
Gain actionable insights through dynamic analytics that forecast trends, detect anomalies, and optimize revenue capture strategies, ensuring precise financial visibility and informed decision-making.
Integrated Voice Assistant with Flip
Utilize Flip, an AI voice layer that streamlines workflow by verifying coverage and benefits, providing accurate patient estimates, and triggering payment processes, effectively eliminating bottlenecks in revenue cycle management.
Resources
FAQ
Waystar is a cloud-based revenue cycle management platform designed to simplify healthcare payments and elevate financial performance using advanced AI and automation.
Waystar streamlines the entire revenue cycle by automating tasks such as eligibility verification, patient estimation, claims monitoring, and payer payment management, leading to fewer errors and faster payments.
AI is central to Waystar’s platform, driving capabilities like predictive analytics, automated content generation, workflow orchestration, and real-time task prioritization to enhance efficiency and accuracy across the revenue cycle.
Flip acts as an AI voice layer positioned in front of revenue cycle teams to handle tasks such as verifying coverage and benefits, providing accurate estimates, triggering payment workflows, and setting up payment plans, thereby removing the phone bottleneck.
Healthcare providers can benefit from better financial visibility, reduced manual work, faster claim processing, and improved patient satisfaction by leveraging Waystar’s comprehensive and AI-driven revenue cycle management solutions.