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

Categories

Solutions

Description

Product Description:

Waystar’s Eligibility Verification solution automates much of the eligibility process so you can say goodbye to the days of searching and interpreting patient coverage and focus on what really matters: your patients. With our powerful technology, you can:

  • Prevent more rejections + denials
  • Strengthen front-end collections
  • Optimize staff productivity
  • Elevate the patient payment experience

What makes Waystar the industry’s most accurate eligibility verification tool?

Getting insurance verification right the first time is crucial. Incorrect or incomplete eligibility has a ripple effect across the revenue cycle, from missed authorizations to reworking denied claims.  

Powered by Waystar’s AI + RPA, our Eligibility Verification tool combs through payer data to curate the most accurate and comprehensive benefit information. With richer coverage detail, staff can easily identify eligibility issues. Plus, our eligibility engine seamlessly integrates with all major EHRs.

Features + benefits

  • Superior eligibility results with RPA + expansive payer connectivity
  • Plan code matching to mitigate registration errors
  • Normalization of payer data for more efficient workflows
  • Intelligent alerts with actionable guidance for staff

Enriched benefit data

  • Utilize RPA + EDI connections to surface complete response
  • Expansive payer connectivity for best data in the market
  • Enriched eligibility data when no EDI is available

Automated, intelligent workflow

  • Integrated workflow for seamless user experience
  • Intelligent warnings + Medicare Advantage plan alerts
  • Guided next best user actions

Unparalleled financial clearance operations

  • Auto-rechecks eligibility whenever account data is updated
  • Benefit information is normalized for ease of consumption
  • Self-pay validation for coverage verification

What our users have to say:

“ Before Waystar, we were going to a variety of carrier websites and spending a lot of time on the phone to check eligibility. It was labor intensive. Now we have all our carrier information in one location in our system. ”

- Manager of Revenue Cycle Billing & Coding

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.

Product Description:
nThrive will check coverage eligibility and confirm that the patient is uninsured. nThrive will verify that patient does not have coverage such as individual, employer-sponsored, Medicare or Medicaid coverage and no other payor will reimburse them for COVID-19 testing/or care for that patient for an immediate and cost-effective solution. SOLUTION CREDIBILITY: • nThrive can process large batches of uninsured accounts • nThrive can prevent the need for manual verification of eligibility which would be resource-intensive and could delay reimbursement • A file can be processed and returned in 24 hours with identified insurance discovered • Implementation can be completed in 3 to 5 days • No long-term commitment or minimum volume requirements • nThrive only charges a small fee per account • The option to have an experienced member of the nThrive team is provided to research any insurance discovered to ensure it has been added to the PAS and a claim is submitted
About nThrive:
nThrive is built on a legacy of excellence. In the past it was known as MedAssets, Precyse and Equation. While each formerly a leader in its own right, the companies have combined talents and capabilities into a single enterprise. From patient-to-payment, nThrive provides all the technology, advisory expertise, services, analytics and education programs health care organizations need to thrive in the communities that they serve.

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Use Cases

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EHR Integrations

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Client Types

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Differentiators

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Keywords

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Company Details

Founded in 2000

Founded in 2016

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