Patient Financial Experience
Deliver the patient
experience of tomorrow
Efficiently collecting co-pays and other balances due from patients has long been a challenge for healthcare providers. It’s only becoming more critical as reimbursement models evolve and financial responsibility shifts to patients.
Waystar’s technology can help your organization increase cash flow, allocate resources more efficiently and unify payments from all sources on a single, intuitive platform—all while increasing patient satisfaction. And, because we’re always looking for ways to strengthen and expand our offerings, we just launched Text Statements, which can help your organization collect more.
10-30%
Increase patient-pay
collections
10-30%
Our Patient Financial Experience
solutions at a glance
Patient
payments
Accept credit card payments via web or mobile, offer automated payment plans and more
Patient
payment
portal
Offer 24/7 access to statements, balances updates and more
Patient
statements +
lockbox
Deliver easy-to-understand statements via text, email and print
Eligibility
verification
Automatically retrieve benefit information to speed up check-in
Patient
estimation
Share accurate cost estimates with patients before the point of care
Coverage
detection
Automatically find the insurance coverage that other solutions miss
Give patients more ways to pay
Did you know 68% of patients prefer to pay medical bills electronically? Secure text statements allow patients to easily view and pay bills—and even set up personalized payment plans—right from their smartphone. With Waystar’s new Text Statements solution, you can:
- Increase + accelerate patient payments
- Limit bad debt
- Offer a more convenient, transparent patient experience
If you’re already using other solutions within our Patient Financial Experience line, activating this new feature is fast and painless. Click below to learn more.
Send statements via text.
Get paid faster.
Insights + resources
Build a patient financial experience that grows collections and stronger relationships
Patients as consumers: Elevating patient financial engagement
4 revenue cycle strategies for a growing self-pay population
Embracing consumerism in healthcare
5 price transparency strategies to boost revenue and patient loyalty
