Waystar benefits include a flexible workplace with good management and a friendly culture. Employees also like the company’s holiday schedule and work-from-home opportunities. However, employees complain about low wages.
The clearinghouse software helps reduce insurance verification errors and identify hidden coverage. It also identifies underpayments and automates claims submission.
In a world where patients are taking on a greater share of their healthcare costs, the right technology can help them manage their financial responsibility and offer a transparent experience. Waystar’s Eligibility Verification feature combs through vast amounts of payer data to curate accurate and comprehensive benefits information for every patient. This enables staff to quickly and easily triage patients’ coverage issues, which significantly reduces the amount of time spent on these tasks.
As part of its Revenue Cycle Management (RCM) suite, Waystar can also help improve a clinic’s cash flow by generating good faith estimates for each patient visit and encouraging upfront payments with a debit or credit card payment option. The company can also help track and prevent denials by analyzing payer contract data and assisting employees in identifying under-coded claims. Founded in 2017 on the legacy of two RCM leaders, ZirMed and Navicure, Waystar offers quick and easy implementation with a robust suite of solutions.
Patient Financial Experience
One in four patients defer treatment because of cost. And 20-30% of healthcare revenue is incurred by the patient, making it critical to offer simple options for understanding and paying their bill.
With predictive analytics, Waystar can determine where a health organization should focus efforts and ensure that patients can pay for their care. It can also locate missing change, optimize cash collections, and help prevent bad debts and write-offs.
Waystar’s smart platform improves revenue cycle outcomes for providers of all sizes. It simplifies and unifies healthcare payments, provides accurate financial analytics, and elevates existing systems.
Waystar employees rate their company as an excellent place to work and have a positive outlook on the future. The top perks and benefits include health insurance, PTO, a competitive salary and flexible scheduling. Employees also give high marks to the CEO and workplace culture at the company. Check out Waystar’s reviews on Glassdoor and Facebook to learn more about what it’s like to work there.
Designed to address the complexity of healthcare payments, Waystar’s unified platform consolidates vendors and automates workflows to deliver big-picture visibility and reporting for all your government and commercial claims. The solution also streamlines the revenue cycle and provides powerful analytics that help you pinpoint problem areas and strengthen productivity through user reporting.
The RCM solution, formerly Navicure and ZirMed, is capable of processing millions of transactions and integrates with 530+ HIS and PM systems. The technology is scalable and can be used in hospitals & health systems, physician groups, DMEs, billing services, clinics, and other healthcare organizations.
It’s the future of healthcare payments. Experience the power of our smart platform, deep revenue cycle expertise and results you can count on. Contact us today to request a personalized demo. Our experts are ready to answer your questions. You can expect a fast response and an easy-to-use interface. Your team will be able to focus on patient payments and other revenue-generating tasks.
As the industry continues to face rising costs, debilitating workforce shortages and economic uncertainty, efficiency is more critical than ever. Waystar’s healthcare payments platform delivers a smarter, simpler way to reduce manual workflows and improve performance upstream.
Providers can identify and capture more coverage with Waystar’s intelligent pre-claim coverage detection, price transparency tools and more. This powerful technology has resulted in 30% upticks in self-pay pay rates, 80% reduction in Medicare AR days and lower bad debt write-offs.
Streamline your Medicare reimbursement workflows with our remit management solution. Automated alerts, reminders and work queue routing minimize manual effort while improving visibility. Smart automation curates payer responses, and a powerful claims trend report provides insight into your revenue cycle.