Waystar Wins Stevie® Awards for Company of the Year and AI Solutions in Healthcare
Rhea-AI Summary
Waystar Holding Corp. (Nasdaq: WAY), a leading healthcare payment software provider, has been honored with multiple Stevie® Awards at the 2024 International Business Awards® (IBAs). The company received a Gold Stevie® Award for Company of the Year in the healthcare category and for the best Payments Solution. Additionally, Waystar earned two Silver Stevie® Awards for its AI capabilities in healthcare applications and digital automation.
CEO Matt Hawkins emphasized the company's focus on leveraging AI to improve payment processes for healthcare providers and patients. Waystar's recent collaboration with Google Cloud to develop generative AI applications further demonstrates its commitment to innovation. The awards, selected from over 3,600 nominations, follow other industry recognitions in 2024, including the Healthcare Payments Innovation Award from MedTech Breakthrough.
Positive
- Received Gold Stevie® Award for Company of the Year in healthcare category
- Won Gold Stevie® Award for best Payments Solution
- Earned two Silver Stevie® Awards for AI capabilities in healthcare applications and digital automation
- Collaboration with Google Cloud to develop generative AI applications
- Received Healthcare Payments Innovation Award from MedTech Breakthrough in 2024
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, WAY declined 0.34%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Company awarded several distinctions for healthcare payments software at 2024 International Business Awards®
"We are grateful to be recognized and pleased that these awards acknowledge the positive impact of our cloud-based software platform," said Matt Hawkins, Chief Executive Officer of Waystar. "Maximizing AI's potential is top of mind for healthcare leaders. Waystar is focused on harnessing the power of AI to make payments faster, more accurate, and more efficient for providers, and more convenient for the patients these providers serve."
Waystar was honored in four categories spanning the healthcare and software industries, including the Gold Stevie® Award for Company of the Year in the IBA's healthcare category and a Gold Stevie® Award for the best Payments Solution.
The IBAs also recognized Waystar's AI capabilities with a Silver Stevie® Award for delivering advanced AI and machine learning healthcare applications, and a second Silver Stevie® Award for digital automation. Waystar's history of leveraging AI to enhance clients' efficiency has accelerated, including through its recently announced engagement with Google Cloud to develop several generative AI applications on Waystar's platform.
These recognitions, for which the company was selected by a panel of hundreds of business executives from more than 3,600 overall nominations, underscore Waystar's efforts to drive innovation and value with advanced healthcare payment software. The distinctions follow other 2024 industry honors for Waystar, including receiving the Healthcare Payments Innovation Award from MedTech Breakthrough and the highest healthcare payments software ranking across five categories by Black Book™.
The company will showcase its latest innovations at Waystar's True North conference at Disney's Yacht & Beach Club Resort in
"We've long considered The International Business Awards to be the 'Olympics for the workplace,' and this year's competition is the best-ever proof of that," said Stevie Awards president Maggie Miller. "The winners have demonstrated that their organizations have set and achieved lofty goals. We congratulate them on their recognized achievements, and look forward to celebrating them."
The International Business Awards are the world's premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small – are eligible to submit nominations. The 2024 IBAs received entries from organizations in 62 nations and territories.
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 18 of 22 institutions on the
Media Contact
Kristin Lee
kristin.lee@waystar.com
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SOURCE Waystar
FAQ
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