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Waystar

Healthcare payments and revenue cycle AI. TIME100 Companies Impact Award 2026 for AI. Public company (NASDAQ: WAY).

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What is Waystar?

Waystar is an AI platform for healthcare revenue cycle management, helping hospitals and health systems optimise their reimbursement processes and reduce claim denials. Revenue cycle operations are critical to hospital margins, which are notoriously thin in healthcare; Waystar uses AI to identify and prevent common denial reasons before claims are submitted, accelerate reimbursement timelines, and automate routine administrative tasks. The platform serves over 30,000 healthcare providers and has been recognised with the TIME100 Companies Impact Award for 2026 in the AI category, reflecting measurable improvements in real healthcare economics rather than hypothetical benefits. As a publicly traded company on NASDAQ (WAY), Waystar provides enterprise-grade reliability and ongoing innovation backed by investor confidence.

Key features

AI-powered denial prevention

Analyses claims before submission to identify and flag issues that cause rejections

Revenue cycle automation

simplifies routine tasks like eligibility verification, prior authorisation, and appeal processing

Real-time claim tracking

Provides visibility into claims status and reimbursement timelines across the system

Healthcare system integration

Connects with existing EHR and billing systems without requiring replacement infrastructure

Predictive analytics

Uses historical data to forecast cash flow and identify revenue optimisation opportunities

Pros & cons

Advantages

  • Proven results: TIME100 award reflects measurable impact on hospital margins and cash flow
  • Large user base: 30,000+ healthcare providers means extensive real-world validation and peer support
  • Public company stability: NASDAQ listing provides transparency and long-term investment commitment
  • Addresses real pain: Focuses on financial outcomes that matter to healthcare administrators, not just novelty
  • Reduces denials: Prevents common rejection reasons before claims leave the organisation

Limitations

  • Enterprise-focused: Designed for large health systems and hospitals; may be unsuitable or expensive for small practices
  • Implementation complexity: Integration with existing healthcare IT systems requires technical work and staff training
  • Limited public pricing: Detailed costs and feature comparisons require contacting sales; no self-service pricing available
  • Healthcare-specific: Not useful for non-healthcare organisations, even if they have similar billing processes

Use cases

Large health systems optimising revenue cycle across multiple facilities and departments

Hospital networks reducing claim denial rates and improving first-pass payment rates

Healthcare practices improving days-to-cash and cash flow predictability

Insurance billing departments automating appeals and re-submission processes

Ready to try Waystar?

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Pricing

Free

Free

Limited evaluation access for healthcare providers wanting to explore the platform

Enterprise

Contact sales

Full platform access, AI-powered denial prevention, automation, real-time tracking, custom integrations, dedicated support

Get started with Waystar

Click through to Waystar and start using it now.

Try Waystar free
  • Free plan available
  • No credit card