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Waystar Named Top Healthcare Payments Software Platform by MedTech Breakthrough

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Waystar (Nasdaq: WAY), a healthcare payment software provider, has been named Best Overall Healthcare Payments Solutions Provider by MedTech Breakthrough for the fourth consecutive year. The company's AI-powered platform, including Waystar AltitudeAI™, has demonstrated significant efficiency improvements, reducing denial appeal times by 70% and cutting denial-prevention workflows from three days to three minutes.

Waystar's recent achievements include ranking #1 in eight out of 18 AI categories by Black Book Market Research™, receiving recognition in two revenue cycle categories by Best in KLAS®, and being included in Forbes' inaugural Most Trusted Companies in America list. The company's software solutions serve over one million healthcare providers nationwide, focusing on reducing administrative waste and streamlining healthcare payments.

Waystar (Nasdaq: WAY), fornitore di software per i pagamenti sanitari, è stata nominata Miglior Fornitore Globale di Soluzioni per i Pagamenti Sanitari da MedTech Breakthrough per il quarto anno consecutivo. La piattaforma potenziata dall'IA dell'azienda, inclusa Waystar AltitudeAI™, ha mostrato notevoli miglioramenti in termini di efficienza, riducendo i tempi di gestione degli appelli per i rifiuti del 70% e accorciando i flussi di lavoro per la prevenzione dei rifiuti da tre giorni a soli tre minuti.

Tra i recenti successi di Waystar figurano il primo posto in otto delle 18 categorie AI secondo Black Book Market Research™, il riconoscimento in due categorie del ciclo dei ricavi da parte di Best in KLAS®, e l'inclusione nella prima lista di Forbes delle Aziende Più Affidabili in America. Le soluzioni software dell'azienda supportano oltre un milione di operatori sanitari in tutto il paese, con l'obiettivo di ridurre gli sprechi amministrativi e semplificare i pagamenti nel settore sanitario.

Waystar (Nasdaq: WAY), proveedor de software para pagos en el sector salud, ha sido nombrado Mejor Proveedor Global de Soluciones para Pagos en Salud por MedTech Breakthrough por cuarto año consecutivo. La plataforma impulsada por IA de la compañía, incluyendo Waystar AltitudeAI™, ha demostrado mejoras significativas en eficiencia, reduciendo los tiempos de apelación de denegaciones en un 70% y acortando los flujos de trabajo para la prevención de denegaciones de tres días a solo tres minutos.

Los logros recientes de Waystar incluyen ocupar el primer lugar en ocho de las 18 categorías de IA según Black Book Market Research™, recibir reconocimiento en dos categorías del ciclo de ingresos por parte de Best in KLAS®, y ser incluida en la lista inaugural de Forbes de las Empresas Más Confiables de América. Las soluciones de software de la compañía atienden a más de un millón de proveedores de salud en todo el país, enfocándose en reducir el desperdicio administrativo y optimizar los pagos en el sector salud.

Waystar (나스닥: WAY)는 헬스케어 결제 소프트웨어 제공업체로서 MedTech Breakthrough에서 4년 연속 최고의 헬스케어 결제 솔루션 제공업체로 선정되었습니다. 회사의 AI 기반 플랫폼인 Waystar AltitudeAI™는 효율성을 크게 향상시켜 거부 항소 시간을 70% 단축하고 거부 방지 워크플로우를 3일에서 3분으로 줄였습니다.

Waystar의 최근 성과로는 Black Book Market Research™에서 18개 AI 카테고리 중 8개에서 1위를 차지했으며, Best in KLAS®의 수익 주기 관련 두 카테고리에서 인정을 받았고, Forbes의 첫 번째 미국에서 가장 신뢰받는 기업 목록에 포함된 점이 있습니다. 이 회사의 소프트웨어 솔루션은 전국 100만 명 이상의 헬스케어 제공자를 지원하며, 행정 낭비를 줄이고 헬스케어 결제를 간소화하는 데 중점을 두고 있습니다.

Waystar (Nasdaq : WAY), fournisseur de logiciels de paiement dans le secteur de la santé, a été nommé Meilleur Fournisseur Global de Solutions de Paiement Healthcare par MedTech Breakthrough pour la quatrième année consécutive. La plateforme alimentée par l'IA de l'entreprise, incluant Waystar AltitudeAI™, a démontré des améliorations significatives en matière d'efficacité, réduisant les délais d'appel des refus de 70% et raccourcissant les flux de travail de prévention des refus de trois jours à trois minutes.

Les récentes réussites de Waystar comprennent la première place dans huit des 18 catégories d'IA selon Black Book Market Research™, une reconnaissance dans deux catégories du cycle des revenus par Best in KLAS®, ainsi que l'inclusion dans la première liste des entreprises les plus fiables d'Amérique publiée par Forbes. Les solutions logicielles de l'entreprise desservent plus d'un million de prestataires de soins de santé à l'échelle nationale, en se concentrant sur la réduction des gaspillages administratifs et la simplification des paiements dans le secteur de la santé.

Waystar (Nasdaq: WAY), ein Anbieter von Software für Gesundheitszahlungen, wurde zum vierten Mal in Folge von MedTech Breakthrough als Bester Anbieter für umfassende Lösungen im Bereich Gesundheitszahlungen ausgezeichnet. Die KI-gestützte Plattform des Unternehmens, einschließlich Waystar AltitudeAI™, hat signifikante Effizienzsteigerungen gezeigt, indem sie die Bearbeitungszeit von Ablehnungsberufungen um 70% reduziert und die Arbeitsabläufe zur Vermeidung von Ablehnungen von drei Tagen auf drei Minuten verkürzt hat.

Zu den jüngsten Erfolgen von Waystar zählen Platz 1 in acht von 18 KI-Kategorien laut Black Book Market Research™, Anerkennung in zwei Kategorien des Revenue Cycle durch Best in KLAS® sowie die Aufnahme in die erste Liste der vertrauenswürdigsten Unternehmen Amerikas von Forbes. Die Softwarelösungen des Unternehmens unterstützen landesweit über eine Million Gesundheitsdienstleister mit dem Fokus auf die Reduzierung administrativer Verschwendung und die Optimierung von Gesundheitszahlungen.

Positive
  • Recognition as Best Overall Healthcare Payments Solutions Provider for 4th consecutive year
  • Platform reduces denial appeal times by 70%
  • Denial-prevention workflows cut from 3 days to 3 minutes
  • Ranked #1 in 8/18 AI categories by Black Book Market Research
  • Serves over 1 million healthcare providers nationwide
Negative
  • None.

Recognition underscores the differentiated value of Waystar's software platform in addressing nearly half a trillion dollars in administrative waste

LEHI, Utah and LOUISVILLE, Ky., May 8, 2025 /PRNewswire/ -- Waystar (Nasdaq: WAY), a provider of leading healthcare payment software, today announced MedTech Breakthrough named it Best Overall Healthcare Payments Solutions Provider. This marks the fourth consecutive year that MedTech Breakthrough recognized Waystar, previously awarding the company the Healthcare Payments Innovation Award and Best New Technology Solution for Healthcare Payments.

As healthcare providers grapple with enormous administrative waste and fragmented technologies, Waystar continues to strengthen its position as an industry leader in AI and advanced automation. Recent milestones include the launch of Waystar AltitudeAI™, a comprehensive suite of AI-powered capabilities, and the introduction of first-to-market generative AI solutions at its Innovation Showcase. These innovations elevate productivity with demonstrable efficiency gains, including reducing denial appeal times by 70% and cutting denial-prevention workflows from three days to three minutes.

"We're honored that MedTech Breakthrough has recognized us for the fourth consecutive year," said Matt Hawkins, Chief Executive Officer of Waystar. "We're proud to deliver transformational software that empowers more than one million providers nationwide. We remain committed to simplifying healthcare payments through thoughtful innovation—empowering providers and enabling them to focus on delivering exceptional patient care."

This recognition follows recent notable accolades underscoring Waystar's leadership in healthcare payments, including ranking as the #1 healthcare payments solution in eight out of 18 AI categories by Black Book Market Research™, receiving recognition by Best in KLAS® across two revenue cycle categories, and earning inclusion in Forbes' inaugural Most Trusted Companies in America.

The MedTech Breakthrough Awards program is conducted by MedTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global digital health and medical technology markets. The mission of the MedTech Breakthrough Awards is to honor excellence and recognize the innovation, hard work, and success in a range of health and medical technology categories, including Telehealth, Clinical Administration, Patient Engagement, Electronic Health Records (EHR), Virtual Care, Medical Devices, Medical Data and Privacy, and more.

About Waystar
Waystar's mission-critical software is purpose-built to simplify healthcare payments so providers can prioritize patient care and optimize their financial performance. Waystar serves approximately 30,000 clients, representing over 1 million distinct providers, including 16 of 20 institutions on the U.S. News Best Hospitals list. Waystar's enterprise-grade platform annually processes over 6 billion healthcare payment transactions, including over $1.8 trillion in annual gross claims and spanning approximately 50% of U.S. patients. Waystar strives to transform healthcare payments so providers can focus on what matters most: their patients and communities. Discover the way forward at waystar.com.

Media Contact
Kristin Lee
kristin.lee@waystar.com

Investor Contact
Sandy Draper
investors@waystar.com
502-238-9511

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SOURCE Waystar

FAQ

What awards did Waystar (WAY) receive from MedTech Breakthrough in 2025?

In 2025, Waystar received the Best Overall Healthcare Payments Solutions Provider award from MedTech Breakthrough, marking their fourth consecutive year of recognition.

How does Waystar's AltitudeAI improve healthcare payment processing efficiency?

Waystar's AltitudeAI reduces denial appeal times by 70% and cuts denial-prevention workflows from three days to just three minutes through AI-powered automation.

What is Waystar's (WAY) market reach in healthcare payments?

Waystar serves more than one million healthcare providers nationwide with its healthcare payment software solutions.

What recent industry recognitions has Waystar (WAY) received besides MedTech Breakthrough?

Waystar ranked #1 in eight AI categories by Black Book Market Research, received recognition in two revenue cycle categories by Best in KLAS, and was included in Forbes' inaugural Most Trusted Companies in America list.
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