
Waystar Smart PlatformWaystar
Waystar's Smart Platform streamlines healthcare payments and revenue cycle management, enhancing efficiency and patient satisfaction.
Vendor
Waystar
Company Website
Product details
Waystar’s Smart Platform is a unified cloud-based solution designed to optimize healthcare revenue cycle management by automating key financial processes. It offers features such as financial clearance, claims management, denial prevention, and payment processing, ensuring streamlined operations and faster payment cycles. By delivering actionable insights through advanced analytics and simplifying patient billing experiences, the platform enables healthcare organizations to reduce administrative burdens, improve financial performance, and enhance patient satisfaction.
Features
- Financial Clearance: Verifies patient eligibility, estimates costs, and secures authorizations to prevent revenue leakage.
- Claims Management: Automates claim submission, tracking, and resolution for faster reimbursement.
- Denial Management: Detects and resolves claim denials efficiently, improving revenue recovery.
- Payment Processing: Simplifies payer and patient payment workflows with automated reconciliation.
- Analytics and Reporting: Provides real-time insights for data-driven decision-making.