Waystar Joins S&P SmallCap 600 Index

Core Insights - Waystar Holding Corp. has been added to the S&P SmallCap 600 Index, effective September 22, 2025, highlighting its growth and market position [1][3] - The company has achieved double-digit revenue growth over the past 15 months, with net revenue retention at 115% and a 15% year-over-year increase in scaled clients [2][4] - Waystar's software platform processes over $1.8 trillion in gross claims annually and serves more than one million providers, indicating its significant market presence [2][4] Company Performance - Waystar's AI-powered software platform has contributed to robust margins and sustained growth, reinforcing its innovation strategy [2] - Recent innovations, such as Waystar AltitudeAI™, have improved denial appeals processing speed by three times and increased overturn rates by over 40% [2] - The company serves approximately 30,000 clients, including 16 of the top 20 institutions on the U.S. News Best Hospitals list, showcasing its credibility in the healthcare sector [4] Market Impact - Membership in the S&P SmallCap 600 is expected to broaden Waystar's shareholder base and enhance visibility with institutional investors [3] - The addition to this index is anticipated to improve trading liquidity for Waystar's stock, potentially attracting more investment [3]