Waystar Revenue Cycle Technology Review - why 4.5 stars?

Waystar Revenue Cycle Technology Review
ITQlick Score: 83/100
ITQlick Rating: (4.5/5)
Pricing: 3/10 - low cost
Category: Medical -> Waystar
Ranking:Ranked 104 out of 643 Medical systems
Company: Waystar
Pricing: starts at $100 per user/month
Typical customers: Small, medium and large size businesses
Platforms: Cloud
Links: Waystar Revenue Cycle Technology pricing, Waystar Revenue Cycle Technology alternatives

Shlomi LaviShlomi Lavi / updated: Jul 02, 2022

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What is Waystar and its features?

Waystar is a cloud-based health software that helps healthcare systems to manage their administrative as well as clinical processes. The software uses its algorithms to predict claim denials as well as revenue leakages; upon the prediction of these claim denials, it automatically sends workable denials to workgroups that have been assigned to it.

The software makes it possible for healthcare organizations to automatically share remits amongst various providers. The software’s top features include denial management, claim management, patient financial clearance, revenue integrity, agency management as well as patient insights.

Waystar is a privately held software company with headquarters in Louisville, Kentucky, US’ and it has a staff capacity of 500 to 1000 employees. Waystar received the Frost and Sullivan North America Customer Value leadership award for ambulatory RCM in the year 2019.


What is Waystar Revenue Cycle Technology rating?

The rating of Waystar Revenue Cycle Technology is 4.5 stars out of 5 and the total score is 83 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Who uses Waystar Revenue Cycle Technology?

The typical customers include the following business size: Small, medium and large size businesses.

Is it easy to use?

Yes, Waystar Revenue Cycle Technology makes it fairly easy to use. This product is user friendly and intuitive.

Is Waystar Revenue Cycle Technology cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

No, currently Waystar Revenue Cycle Technology can't be accessed on mobile, you would need to access it from your computer.

Is Waystar Revenue Cycle Technology the best Medical system?

Waystar Revenue Cycle Technology is ranked 104 out of 643 software in their category (Medical systems).

What are Waystar Revenue Cycle Technology's pros? (3 Pros)

  • The software allows the possibility of carrying out various functions like insurance and billing in easy steps
  • The rejected claim dashboard on the software makes the user stay up to date
  • Waystar allows the electronic submission of claims to various payers

What are Waystar Revenue Cycle Technology's cons? (2 cons)

  • The claims status doesn’t update when the claim is paid
  • Customer care service delays before proffering solutions to complaints

Who are their main alternatives?

Popular alternatives to Waystar Revenue Cycle Technology: NextGen Healthcare, Practice fusion, WebPT EMR, eClinicalWorks, AdvancedMD, Athenahealth, Allscripts EHR, AllegianceMD, DrChrono EHR, CareCloud Charts. The full list of competitors can be found here.

What is the cost of Waystar Revenue Cycle Technology?

The cost of license starts at $100 per user/month. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 3 out of 10 (10 is most expensive). You can find here the REAL total cost breakdown for Waystar Revenue Cycle Technology. You can also find here pricing information from Waystar Revenue Cycle Technology's website.

What should you ask Waystar during a demo session? (65 questions)

Schedule a demo with Waystar Revenue Cycle Technology and access 65 must ask questions for the vendor while watching Waystar Revenue Cycle Technology in action.

Where Waystar Revenue Cycle Technology is used?

Waystar is ideal for physicians, hospitals, and healthcare providers in small medium and large healthcare outfits. Waystar software simplifies the entire cycle involved in the systems healthcare providers, physicians and healthcare organizations track and collect revenues for services provided to their patients.

List of categories

Case Management
Customer Loyalty
Compliance
Claims Management
Electronic Statements
Hospital Management
Medical Billing
Medical Practice
Patient Billing Estimate
Remittance Advice

Waystar Revenue Cycle Technology Vs. Alternatives

ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
Waystar
ITQlick rating
4.5/5
Score
83/100
Pricing
3/10
License pricing
$100 per user/month
Functionality
10
Compare
NextGen ...
ITQlick rating
4.5/5
Score
99/100
Pricing
2/10
License pricing
$299 per provider/month
Functionality
20
Practice...
ITQlick rating
4.5/5
Score
99/100
Pricing
2.6/10
License pricing
$149 per provider/month
Functionality
41
WebPT
ITQlick rating
4.4/5
Score
98/100
Pricing
4/10
License pricing
$3 per provider/day
Functionality
30
Review
Advanced...
ITQlick rating
3.9/5
Score
97/100
Pricing
3/10
License pricing
$429 per provider/month
Functionality
14

Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.