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Take coverage detection to the next level
You’ve got a handle on finding insurance coverage, but automation and more advanced technology can help you further optimize your processes. Waystar uses proprietary algorithms to identify coverage on all patient accounts with pre-identified payers confirming active coverage exists. Our advanced payer logic leverages more than 1,200 payer connections to achieve a superior hit rate—31% on average.
Using Waystar’s technology, Aultman Health was able to find coverage for 34% of patients presenting as self-pay—and gain $414k in revenue in 16 months. By automating 25k+ transactions per month, Aultman reduced costs by $3.3M and rebilled $2.7M in missing charges. Learn more about how Waystar’s technology prioritized Aultman’s workflows by clicking below.
Talk with a solution expert about Coverage Detection
Want to see how we could work together to get similar results? Fill out the form below or give us a call at (866) 933-1471 to speak with a Waystar expert. We look forward to talking with you!