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Waystar recognized as the leading healthcare software platform with top marks for client satisfaction
Prnewswire· 2025-02-05 13:00
Core Insights - Waystar Holding Corp. has achieved top rankings in multiple 2025 Best in KLAS categories, specifically in Claims Management & Clearinghouse and Patient Access, highlighting the effectiveness of its AI-powered software platform [1][2] - The recognition reflects Waystar's commitment to client support excellence and its status as a leading software provider in revenue cycle management, marking over a dozen consecutive years of being named Best in KLAS [2][5] Group 1: Company Performance and Recognition - Waystar's software platform is designed to optimize revenue cycle workflows by integrating front-end patient access with back-end claims management, enhancing operational efficiency and return on investment (ROI) [3] - The company has received multiple prestigious awards, including Forbes' Most Trusted Companies in America and Fortune's Best Workplaces in Health Care, further solidifying its reputation in the industry [5] - Waystar serves approximately 30,000 clients, representing over 1 million distinct providers, and processes over 5 billion healthcare payment transactions annually, amounting to over $1.2 trillion in gross claims [6] Group 2: Client Impact and Industry Response - Following a cyber incident that disrupted claims processing nationwide, Waystar's claims and clearinghouse solutions were pivotal in stabilizing the healthcare industry, leading to the onboarding of over 30,000 providers through the Accelerated Implementation Program [4] - The platform's automation capabilities enhance denial prevention and accelerate reimbursements, allowing providers to navigate operational complexities and improve financial performance [3] - Waystar's continuous innovation and focus on client satisfaction empower healthcare providers to address pressing industry challenges effectively [1][3]
Waystar to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on February 18, 2025
Prnewswire· 2025-01-28 13:30
LEHI, Utah and LOUISVILLE, Ky., Jan. 28, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, announced today that it will report financial results for the fourth quarter and fiscal year ended December 31, 2024, before market open on Tuesday, February 18, 2025. The company will discuss its financial results on a conference call at 8:30 a.m. Eastern Time that same day.A live audio webcast of the conference call will be available on Waystar's investor re ...
Waystar unveils transformative generative AI innovation to help providers recover billions of dollars tied to 450 million annual denied claims
Prnewswire· 2025-01-13 13:30
Healthcare providers gain access to first-of-its-kind generative AI technology, leading to faster and more accurate payments LEHI, Utah, and LOUISVILLE, Ky., Jan. 13, 2025 /PRNewswire/ -- Waystar (Nasdaq: WAY), a provider of leading healthcare payment software, today announced the launch of Waystar AltitudeAI™, a comprehensive set of AI capabilities for providers, including AltitudeCreate™, a new generative AI innovation focused on appealing denied claims. By autonomously generating appeal letters, Waystar ...
Waystar to Present at J.P. Morgan Healthcare Conference
Prnewswire· 2025-01-06 21:05
Group 1 - Waystar Holding Corp. will present at the 43rd Annual J.P. Morgan Healthcare Conference on January 13, 2025, at 11:15 a.m. PT [1] - The event will be available via live webcast on Waystar's Investor Relations website, with a recording accessible afterward [1] Group 2 - Waystar provides healthcare payment software designed to simplify payment processes, allowing providers to focus on patient care and financial performance [2] - The company serves approximately 30,000 clients, representing over 1 million distinct providers, including 16 of the top 20 institutions on the U.S. News Best Hospitals Honor Roll [2] - Waystar's platform processes over 5 billion healthcare payment transactions annually, amounting to over $1.2 trillion in gross claims, covering about 50% of U.S. patients [2]
Waystar Announces Amendment to Its Credit Facilities
Prnewswire· 2024-12-30 21:15
Enhancements expected to boost flexibility and lower borrowing costsLEHI, Utah and LOUISVILLE, Ky., Dec. 30, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today announced an amendment to its first lien credit agreement (the "amended credit agreement") with its lenders. The amendment reprices Waystar's term loan and increases its revolving credit facility.Under the amended agreement, the term loan will now carry a reduced interest rate of adjuste ...
Waystar Named One of Forbes' Most Trusted Companies in America
Prnewswire· 2024-12-04 14:00
LEHI, Utah, and LOUISVILLE, Ky., Dec. 4, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, announced today that Forbes recognized Waystar as one of the Most Trusted Companies in America, alongside many of the world's leading software companies.Forbes' first-ever ranking of the Most Trusted Companies in America evaluated over 2,000 large U.S.-based public companies across four key categories: customer trust, employee trust, investor trust, and media ...
Waystar to Speak at Upcoming Investor Conferences
Prnewswire· 2024-11-26 21:05
LEHI, Utah and LOUISVILLE, Ky., Nov. 26, 2024 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today announced that Chief Executive Officer Matt Hawkins will speak at two upcoming investor conferences: Evercore ISI HealthCONx Conference on Wednesday, December 4, 2024, at 1:20 p.m. Eastern Time. Barclays 22nd Annual Global Technology Conference on Thursday, December 12, 2024, at 11:00 a.m. Pacific Time.Waystar will provide live webcasts of both events on ...
WONDER ALL THE WAY WITH NORDSTROM THIS HOLIDAY SEASON
Prnewswire· 2024-11-12 17:00
Core Insights - Nordstrom has launched a refreshed mobile app aimed at enhancing the holiday shopping experience, providing features like gift finding, style assistance, and fast shipping options [1][3][8] Group 1: Enhanced Digital Experience - The new app features a vibrant design and aims to inspire users with personalized shopping experiences, making it easier to shop both online and in-store [3][5] - Interactive features include trend reports and the Style Swipes tool, which offers product recommendations based on user preferences [4][5] - Improved search capabilities allow customers to find specific items quickly by describing what they are looking for in their own words [6] Group 2: Loyalty and Rewards - The Nordy Club allows members to earn points towards Nordstrom Notes with every purchase, providing real-time tracking of rewards and benefits [7] - Members can access exclusive perks, including beauty events and early access to sales [7] Group 3: Holiday Shopping Services - Customers can utilize same-day and next-day order pickup options, along with free two-day shipping available in over 25 major markets [8] - Nordstrom offers complimentary gift and style assistance from knowledgeable stylists, available both online and in-store [9] Group 4: Holiday Experiences and Events - Nordstrom is hosting various festive experiences, including virtual events and in-store activities, to engage customers during the holiday season [14][15] - The flagship store in NYC will feature a large immersive installation, "The Blizz on 57th Street," along with special holiday packages for memorable experiences [15][16] Group 5: Product Offerings - The company has introduced over 300 new brands for the holiday season, expanding choices for customers [11] - Gift selections are available across various price points, including curated lists for different budgets [12][19] Group 6: Nordstrom Rack Initiatives - Nordstrom Rack is enhancing its shopping experience with features like buy online, pick-up in-store, and exclusive app notifications for Nordy Club members [18][22][23] - The Rack offers significant discounts on popular brands, making it a budget-friendly option for holiday shopping [19][20]
Waystar Holding Corp.(WAY) - 2024 Q3 - Quarterly Report
2024-11-06 21:14
Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share WAY The Nasdaq Stock Market LLC Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☒ Smaller reporting company ☐ Emerging growth company ☒ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended Sept ...
Waystar Holding Corp.(WAY) - 2024 Q3 - Quarterly Results
2024-11-06 21:07
Exhibit 99.1 Waystar Reports Third Quarter 2024 Results Revenue growth of 22% year-over-year Net income of $5.4 million and non-GAAP net income of $25.3 million Net income margin of 2%; Adjusted EBITDA margin of 40% LEHI, Utah and LOUISVILLE, Ky., November 6, 2024 — Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today reported results for the three-month period ended September 30, 2024. "Waystar delivered another quarter of strong top-line growth," said Matt Hawkins, ...