SIMPLIFY HEALTHCARE PAYMENTS

The Waystar
Innovation Lab

Explore breakthrough AI and advanced automation designed to simplify workflows, eliminate errors, and accelerate revenue — transforming processes for healthcare revenue cycle teams nationwide.

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SPRING 2025

Waystar Innovation Showcase

Watch the full Waystar Innovation Showcase and hear directly from our revenue cycle experts about the AI-powered capabilities and advanced automation cutting end-to-end RCM complexity.

INNOVATIONS TO OVERCOME RCM CHALLENGES

Prevent denials + streamline appeals

Discover how Waystar’s platform automates denial prevention by catching critical claim errors before they reach the payer and effortlessly generating appeal letters using generative AI.

Accelerate payments + strengthen financial health

Speed cash flow with generative AI and advanced automation for insurance verification, coverage detection, and prior authorizations — reducing denials, increasing collections, and boosting financial performance from the start.

Enhance the patient financial experience

Leverage the power of smart software to meet patients where they are — online, on the go, on their schedule — and tailor their financial experience based on behavior-based preferences.

EXPLORE INNOVATIONS BY SOLUTION SUITE

Financial Clearance

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32M

authorization transactions annually

1.2K

payer connections for eligibility

30-40%

average Coverage Detection hit rate

Waystar data

Patient Financial Care

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20-30%

average collections lift

60-80%

average self-service pay rate

61+

patient NPS

Waystar data

Revenue Capture

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4:1

average ROI for Charge Integrity

$8K

average DRG Anomaly claim recovery

95%

Waystar auditor agreement rates for Charge Integrity + DRG Anomaly

Waystar data

Claim + Payer Payment Management

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2.5M+

continuously updated edits

5K+

payer connections

98.5%

first-pass clean claim rate

Waystar data

Denial Prevention + Recovery

See it in action
3X

Faster appeal package creation with AltitudeCreate™

16mins

time savings per appeal package with AltitudeCreate™

100%

paperless appeals process

Waystar data

Analytics + Reporting

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145+

pre-built KPIs for claims, remits + denials

35+

pre-built revenue cycle specific reports

12

pre-built analytics dashboards for Pro + Peak

Waystar data

LEADING THE WAY IN INNOVATION

#1

rank in product innovation1

#1

rank in product effectiveness1

#1

rank in software ease of use1

1Waystar vs. Competitors, Qualtrics survey (2025)

Speak to a Waystar expert

Curious to learn more about Waystar’s cutting-edge innovations? Reach out to speak with a Waystar expert to learn how these advancements can help your healthcare organization see powerful results.