Waystar Software

Waystar Software

1 Reviews

Waystar Health is a cloud-based revenue cycle management (RCM) solution for healthcare businesses. It offers coverage eligibility, revenue integrity, claim management, and patient financial experience. It helps lower payment management costs and improves revenue collection. Read the profile to know its features, integrations, and more.  

Waystar Software Specifications

Appointment Management/Scheduling

e-Prescription

Lab Integrations

Patient Portal

View All Specifications

What is Waystar Software?

Overview

Waystar is a cloud-based RCM solution designed for managing and optimizing the revenue cycle of healthcare businesses such as hospitals & healthcare systems, physician groups, DMEs, billing services, clinics, labs, etc. Formerly, it was known as Navicure or ZirMed, until the two companies decided to combine. With software, you are guaranteed to receive the most cutting-edge hardware and cloud-based software solutions, as well as quick, adaptable architecture along with stellar customer service. 

By lowering the cost and difficulty of managing payments, the Waystar software solution benefits healthcare facilities of all kinds and specialties and raises the amount of money that can be collected. Way star is chosen by more than 25,000 hospitals and medical facilities to monitor patient revenues from the time of their initial visit until their outstanding balance has been paid allowing them to devote more time to interacting with patients and less time to managing finances.

Waystar Pricing 

Waystar Pricing details have not been released yet.

Software Demo  

To learn how to incorporate this cutting-edge technology into your own healthcare system and improve your agency's performance, you can request and book your own personalized Waystar Demo by contacting the vendor.

Reviews 

Waystar reviews indicate that customers are satisfied with the software’s efficiency in managing their practices. The software is particularly acclaimed for its ease of use and effortless interaction design. You can visit our reviews section for more customer insights and product reviews. 

Our Thoughts 

The Waystar eSolutions are a great option for medical businesses looking to improve and modernize their revenue cycles. The software helps with patient eligibility verification, provides information on deductions, and can be used to analyze and improve the performance of the organization as a whole. As a result, it offers a multipurpose solution for all the issues encountered during the collection of patient revenues. 

Waystar Software Features

One of the key features of the Waystar health software is its coverage eligibility tool, using which physicians can rapidly and effortlessly enter and modify patient records in real-time, confirm coverage and co-payments, and expedite check-ins for patients. Moreover, patients with high deductibles are required to pay in advance, as a part of the debt-reduction strategy.

By adapting to the ever-changing codes and billing regulations, Waystar medical billing helps ensure revenue integrity by assisting your staff in spotting inaccurate or under-coded claims, all the while helping you to save up on your valuable time and resources.

Based on the payer's payment history, Way Star assists in determining when claims should be processed. With a 98.5 percent first-pass clean claims rate, this feature can instantly find any missing deposits and ERAs.

Employing advanced analytics to predict future outcomes, the way star software technology has been diligently designed to guide you on how you can reach out to your patients and where to direct your health organization's attention. Your facility can enhance collections without irksome credit checks if you know a patient's ability to pay. While Waystar patient payment arrangements are being established, you can ensure that your patients are aware of their financial obligations.

Pros and Cons of Waystar Software

Pros

  • Streamlines revenue cycle management processes for improved efficiency
  • Enhances revenue capture through advanced billing and coding solutions
  • Reduces claim denials and accelerates reimbursement cycles
  • Provides actionable insights and analytics for informed decision-making
  • Improves patient engagement with convenient payment options and financial transparency

Cons

  • Initial learning curve for new users
  • Limited customization options for some advanced features
  • Customer support response times may vary

Waystar Software Reviews

Overall Rating

4

1 Reviews

Rating Distribution

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Oct 23, 2022

Quick claim management with Waystar

Sheila C.

Medical and healthcare

Ease of use

8

Value for money

8

Customer Support

8

Functionality

9

Pros

I appreciate that this software allows me to manually enter claims when needed. Waystar processes claims every day and in a matter of minutes, in contrast to other clearinghouses that take between 48 and 72 hours. It is not only helpful to me (the biller) but also to other departments like intake and authorizations because running insurance verification is simple to do.

Cons

Some of the rejections they do are not very clear to me, and they take their sweet time in getting back to my query. The rejection can occasionally appear in multiple categories, but after one is finished, it also removes itself from the others.

Frequently Asked Questions

The typical users of Waystar include specialty practices, ambulatory surgery centers, home health clinics, skilled nursing centers, children’s hospitals, and health systems.

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