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Waystar

Waystar

Overview

What is Waystar?

Waystar provides technology used to simplify and unify healthcare payments. The cloud-based platform streamlines workflows and improves financials for healthcare providers of all kinds withthe goal of bringing more transparency to the patient financial experience.

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Recent Reviews

TrustRadius Insights

Waystar has become an indispensable tool for healthcare providers, offering a range of features that address various pain points in the …
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Pricing

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What is Waystar?

Waystar provides technology used to simplify and unify healthcare payments. The cloud-based platform streamlines workflows and improves financials for healthcare providers of all kinds withthe goal of bringing more transparency to the patient financial experience.

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

What is Waystar?

Waystar provides technology used to simplify and unify healthcare payments. The cloud-based platform streamlines workflows and improves financials for healthcare providers of all kinds withthe goal of bringing more transparency to the patient financial experience.

The vendor states that prior authorizations are a leading cause of denied claims — a problem that costs healthcare providers millions in lost revenue and keeps patients from getting the care they need when they need it. The challenge is only growing as the volume of prior auth increases.

Waystar’s artificial intelligence and RPA technology automate the authorization process, which they state will increaes staff productivity, cut denials and enhance patient care.

Waystar Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Waystar has become an indispensable tool for healthcare providers, offering a range of features that address various pain points in the claims management process. Users have experienced significant benefits from Waystar's denial/rejection editor, which helps them correct claims easily and get paid quicker. The claims dashboard is another valuable feature, assisting users in identifying patient ID or carrier errors and providing the means to correct them promptly. Customers appreciate Waystar's excellent customer service, with many praising the company for its prompt and helpful support.

Users rely on Waystar to tackle a multitude of claim issues, such as correcting carrier EDI numbers, NCCI edits, POTF issues, and authorization and referral problems. For example, it has proven highly effective in cleaning up claims involving Immunization clinic NDC numbers. Additionally, Waystar's ability to process ERAs and check patient eligibility provides users with peace of mind when dealing with claim submissions. With its streamlined electronic billing capabilities, Waystar simplifies the billing process for healthcare providers and improves overall efficiency. The eligibility verification feature has also been widely appreciated by users as a useful tool in ensuring accurate claim submissions.

Despite occasional outages reported by some users, the overall experience with Waystar has been positive. Users find great value in the software's ease of use and immediate payment processing for credit card payments, eliminating the need to wait for traditional billing methods. The ability to track claim rejections and easily resubmit them through Waystar proves invaluable to users seeking efficient solutions. Furthermore, Waystar offers transparency on claim rejections and denials, enabling faster corrections and resubmissions. Users find that Waystar helps identify issues with claims and provides educational resources on choosing the correct payer plans—an essential aspect of navigating complex healthcare systems.

Waystar's impact extends beyond just claims management. Users appreciate additional features such as tracking timely filing, obtaining primary EOBs for printing purposes, managing payment plans, post live payments, and providing insurance information for patients. Waystar's user-friendly interface and customer support have also garnered positive feedback from users. Furthermore, the software's ability to simplify the process of receiving and processing EOBs and payments has proven highly beneficial.

The product provides seamless integration with other apps within the Waystar ESolutions platform, such as MAVEN, which facilitates the submission of ADRs and appeals. Moreover, users find Waystar helpful in collecting payments, processing transactions, and improving collections efforts. Its comprehensive reporting capabilities and claims searching functionalities are highly valued by users, as they provide valuable insights for improving financial performance and comparing performance with industry standards. The centralized platform offered by Waystar has proven to be a time-saving feature, eliminating the need for users to log in to multiple insurer websites for insurance benefits information. This streamlines the billing process and reduces claim error rates, resulting in improved overall claim submission accuracy. Users appreciate the software's ability to identify reasons for rejected and denied claims on a daily basis, facilitating quicker resolution and preventing future errors.

Waystar's all-in-one claim processing capabilities streamline the entire claims management workflow, leading to enhanced productivity. The software also ensures smooth transitions to industry standards like 5010 and ICD10, ensuring clean claim submissions. Although there is a cost associated with using Waystar, users believe that it provides excellent value with its extensive features and easily accessible information for efficient work completion. Users find it convenient to have everything in one place for researching and appealing claims, saving them time and effort.

Moreover, Waystar's customer service has been widely praised by users for being responsive and helpful. The software assists users in resolving claim rejections, providing information and forms for billing issues. It also helps track payments into users' bank accounts, improving collections efforts. By simplifying the claims submission process, assisting with prior authorizations, and helping identify and fix errors in insurance and clearinghouse rejections, Waystar significantly improves efficiency for healthcare providers.

In summary, Waystar offers a comprehensive suite of features that address various pain points in the claims management process. Its user-friendly interface, excellent customer service, and powerful tools such as denial/rejection editing, claims dashboard, eligibility verification, and reporting capabilities have made it an indispensable resource for healthcare providers seeking efficient solutions in managing claims and improving financial performance.

Users have made several recommendations about Waystar based on their experiences. The three most common recommendations are as follows:

  1. Users highly recommend Waystar for its user-friendly interface and ease of use. They find the system easy to navigate and appreciate the helpful links and resources provided. One user even describes it as the easiest clearinghouse they have ever used.

  2. Many users praise the customer service provided by Waystar. They appreciate the great customer support and training resources offered by the company. Some users mention that they have never had any issues with submitting claims and find the archive feature helpful in avoiding confusion with posted payments.

  3. A few users advise caution when considering Waystar due to their pricing structure and contract fine print. While acknowledging that Waystar is a good product, these users feel that it may be on the pricier side, particularly for one-person practices. They recommend researching other options before committing to Waystar.

Overall, users recommend Waystar for its ease of use, helpful customer service, and effective claims management capabilities. Some caution against potential pricing concerns, suggesting that users thoroughly evaluate their needs and budget before making a decision.

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