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]

Q1 revenue growth of 14% year-over-yearQ1 net income of $29.3 million and non-GAAP net income of $58.7 million Q1 net income margin of 11%; adjusted EBITDA margin of 42% Raising revenue and adjusted EBITDA guidance for 2025LEHI, Utah and LOUISVILLE, Ky., April 30, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today reported results for the first quarter ended March 31, 2025."Waystar sustained strong momentum in the first quarter of 2025, deliver ...