Core Insights - Wayar is hosting its True North conference in Nashville to showcase new AI solutions in healthcare software, addressing the challenges of higher utilization and costs faced by healthcare providers [1][3] - The healthcare sector has seen a significant increase in patient visits, averaging 1-2% annually over the last 40 years, with a notable 4% increase in the last two years, necessitating more efficient resource management by hospitals [5] - Wayar's AI technology automates low complexity, high volume tasks, allowing healthcare providers to improve efficiency and accuracy in patient interactions and billing processes [5][7] Company Overview - Wayar processes over six billion insurance transactions annually, amounting to more than $1.8 trillion in gross claim charges, enabling better financial transparency for patients [9] - The company aims to transition from AI hype to a reality focused on return on investment (ROI) for healthcare providers, enhancing patient-provider interactions [8][12] - Wayar's software platform allows providers to help patients understand their financial responsibilities before receiving care, promoting a more consumer-friendly experience [10][11] Industry Context - The healthcare industry is experiencing a shift towards utilizing AI to manage increased patient interactions, including telehealth and virtual consultations, which are becoming integral to patient care [6] - There is a growing emphasis on price transparency in healthcare, with mandates for providers to publish prices for certain services, and Wayar is positioned to facilitate this process [11]