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Categories
Solutions
Description
Compatibility Level
Clients
Use cases
EHR integrations
Client types
Differentiators
Keywords
Media
Company details
Jump to:
Categories
Solutions
Description
Compatibility Level
Clients
Use cases
EHR integrations
Client types
Differentiators
Keywords
Media
Company details
Patient Payments
Patient Payments

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Categories

Solutions

Description

Product Description:

Simplify the patient financial journey with self-service, mobile-optimized payment solutions. Your patients are managing all aspects of their lives on their mobile devices, why not meet them where they are for payments as well?
Our suite of patient payment tools helps you ensure you can collect all forms of payment anytime, anywhere, streamlining your collections processes. You can even identify those patients who are a payment risk and offer them the financial journey that makes the most sense for them – including qualifying for financial assistance programs and starting personalized payment plans.

About Experian Health:
Experian is a global information services company that provides information, analytical tools, and marketing services to help clients manage their commercial and financial decisions. The company helps organizations manage credit risk, prevent fraud, target marketing offers, and automate decision making. It also enables individuals to check their credit report and credit score as well as protect against identity theft. The company is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Experian was co-founded by Michael A Barron and Bernie Brenner in January 1980 and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, United Kingdom; California, United States; and São Paulo, Brazil.
Product Description:

Simplify patient payments with a single integrated platform. From pre- to post-service, every payment channel is centralized and easily accessible, with automated posting and to-the-penny reconciliation.

No matter how many locations you have or how complicated your system, our holistic approach to the patient financial experience helps you seamlessly increase collections, efficiency and satisfaction. 

The Waystar platform offers:

  • Purpose-built infrastructure to power all patient payments + communications
  • Easy-to-use technology to deliver an intuitive payment experience
  • Personalized engagement + affordable payment options to empower fiscal decisions
  • Easy, reliable integration with your existing systems
  • Automatic reconciliation, every day and to the penny

What our clients are saying:

“After implementing Waystar, payments have increased substantially, patient wallet adoption has doubled and our Net Promoter Score among patients rose to +60, which is incredible. ”

Cole Elmer, VP Revenue Management, BJC Healthcare

About Waystar:

Waystar delivers innovative technology that simplifies and unifies healthcare payments. The company’s cloud-based platform helps healthcare providers across all care settings streamline workflows, improve financial performance and bring more transparency to the patient financial experience. Waystar solutions have been named Best in KLAS or Category Leader by KLAS Research 16 times (across multiple product categories) and earned multiple #1 rankings from Black Book. The Waystar platform is used by more than half a million providers, 1,000 health systems and hospitals, and 5,000 payers and health plans—and integrates with all major hospital information and practice management systems. On an annual basis, Waystar’s AI-powered solutions process $5B in patient payments, generate $4B in out-of-pocket estimates and process claims representing approximately 40% of the U.S. patient population. For more information, visit www.waystar.com.

Compatibility level

Select which hospital or health system you work at and see a personalized compatibility level.

Clients

Select which hospital or health system you work at and see the client list

Use Cases

Description:

Payment options

Securely accept any form of patient payment including eChecking, credit, and recurring billing to collect faster.

Patient experience

Provide patients with a mobile payment experience, including estimates for service to support price transparency.

Risk management

Determine payment risk and recommend the right financial pathway for patients, including assistance programs and financial counseling.

Pediatric use cases:

None provided

Users:

Patients, Administrators

Description:

None provided

Pediatric use cases:

None provided

Users:

None provided

EHR Integrations

Integrations:

Acute care EMR, Ambulatory EMR, Access +/or revenue cycle

EMR Integration & Relevant Hardware:

Recommended, but not required

EMRs Supported:

Epic

Hardware Compatibility:

None provided

Integrations:

None provided

EMR Integration & Relevant Hardware:

None provided

EMRs Supported:

None provided

Hardware Compatibility:

None provided

Client Types

Differentiators

Differentiators vs EHR Functionality:
  • $15 Million in charity found for patients
  • 88% Kootenai Health's accuracy when determining the right financial assistance program with Experian solutions
  • $2.7 Billion - Amount of payments captured by PaymentSafe in 2021
Differentiators vs Competitors:

PaymentSafe

Collect any form of patient payment anywhere, anytime while ensuring payment security through point-to-point encryption.

Patient Financial Advisor

Text-to-mobile experience that allows patients to view their bill and make a secure payment from their mobile device.

Patient Financial Clearance

Determine which patients are likely to pay their bill and connect those who qualify for financial assistance with the right programs.

PatientSimple™

Consumer-friendly self-service portal to help your patients manage paying balances, managing payment plans, and applying for charity care in one place.

Differentiators vs EHR Functionality:

None provided

Differentiators vs Competitors:

None provided

Keywords

Images

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Videos

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Downloads

No content provided

Alternatives

Company Details

Founded in 1980

Founded in 2000

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