Core Insights - Waystar has been recognized as the Best Overall Healthcare Payments Solutions Provider by MedTech Breakthrough for the fourth consecutive year, highlighting its leadership in the healthcare payments sector [1][3] - The company has launched Waystar AltitudeAI™, a suite of AI-powered capabilities, and introduced generative AI solutions, significantly improving operational efficiency by reducing denial appeal times by 70% and streamlining denial-prevention workflows from three days to three minutes [2] Company Achievements - Waystar 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 list [5] - The company processes over 6 billion healthcare payment transactions annually, amounting to over $1.8 trillion in gross claims, covering approximately 50% of U.S. patients [5] - Waystar has received multiple accolades, including ranking as the 1 healthcare payments solution in eight out of 18 AI categories by Black Book Market Research™ and recognition by Best in KLAS® across two revenue cycle categories [3] Industry Context - The MedTech Breakthrough Awards program recognizes top companies and technologies in the digital health and medical technology markets, emphasizing innovation and excellence across various categories [4]
Waystar Named Top Healthcare Payments Software Platform by MedTech Breakthrough