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

Categories

Solutions

Description

Product Description:

Compliance is an increasingly complex and costly task. Our Payer Compliance Dashboard provides payer rule transparency for stakeholders across the treatment continuum. This proactive approach to compliance allows your organization to gain cost efficiency through reductions in costly claims denials, improved contract and utilization management, and minimization of patient care delays. 

  • Curated dashboard with pre-defined answers to your key questions 
  • Customized to your payer list and priorities 
  • Export data for offline use 
  • Filter and export by Payer, Plan Type, and State 
  • View insightful visualizations of key data 
  • Policy changes are tracked by our team and highlighted within the dashboard 
  • Maintain high level of payment integrity with compliance to timely filing, recoupment, appeals, review deadlines, and more payment integrity with compliance to timely filing, recoupment, appeals, review deadlines, and more 
  • Compare rules across payers to identify outliers  
  • Get up to speed on new payers quickly  
About Policy Reporter:

Empower your teams with Policy Reporter's payer documents library, change alerts, and reserach tools. 

Healthcare providers face numerous challenges in navigating the complex U.S. healthcare system:​

  • Keeping up with evolving medical necessity criteria, coverage policies, and billing rules​
  • Understanding and complying with diverse payer policies and prior authorization across commercial and government plans​
  • Efficiently managing revenue cycle processes in a constantly changing reimbursement landscape​
  • Ensuring patient access to necessary care while meeting payer requirements​
  • Minimizing claim denials and optimizing reimbursement​

This causes challenges such as: ​

  • Interpreting and applying complex payer policies consistently across the organization​
  • Reducing administrative burden associated with prior authorizations and claim appeals​
  • Staying current with frequent policy changes that impact reimbursement and patient care​
  • Balancing compliance requirements with operational efficiency​
  • Maximizing revenue while ensuring appropriate utilization of healthcare services​

Policy Reporter empowers healthcare providers to address these challenges by:​

  • Delivering analyst-verified alerts for tracking policy changes customize to your specialties and payer mix​
  • Simplifying access to up-to-date coverage criteria, prior authorization and reimbursement rules​
  • Offering comprehensive research capabilities to comply with key contract and claims rules​
  • Supporting efficient revenue cycle management with targeted insights and tools​

Our solutions reduce administrative burden, streamline reimbursement-related research, and empower your entire team to make informed decisions that improve patient care and financial performance.​​

Product Description:
For providers of all kinds, managing claims and denials is one of the most demanding parts of the revenue cycle. With Waystar, you can prevent rejections and denials before they happen, automate claim monitoring, easily send batch appeals and much more. Work claims and denials within our intuitive interface or directly in the PM system or HIS you’re used to. Because implementation and integration are seamless, switching to Waystar has never been easier—or more worth it. Let’s illuminate a quicker, clearer path to reimbursement.
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:

Denials Management Team:

Challenge: High volume of claim denials due to non-compliance with frequently changing payer policies.

Use Case: Your denials management team can utilize the Payer Compliance Dashboard to access a curated view of payer claim submission requirements. By reviewing historical and active payer policies, your team can quickly identify reasons for claim denials and implement corrective measures, reducing denial rates and associated costs.

  

Contract Management Team:

Challenge: Navigating complex claims payment rules during payer contract negotiations.

Use Case: Your contract managers can leverage the Payer Compliance Dashboard to access detailed information on payer-specific claim requirements, including Medicare and Medicaid rules. With this data, your team can negotiate better contract terms by demonstrating an understanding of complex payment rules and advocating for equitable payment structures.

 

Physician Advisors & Utilization Review Team:

Challenge: Aligning clinical decisions with payer policies to avoid unnecessary peer-to-peer reviews and denials.

Use Case: Your physician advisors can use the Payer Compliance Dashboard to access up-to-date peer-to-peer guidelines and payer requirements. This helps align clinical practices with payer expectations, reducing the need for time-consuming appeals and facilitating smoother approval processes.

  

Billing & Coding Team:

Challenge: Ensuring claims are submitted accurately and in compliance with the latest payer policies to prevent rejections.

Use Case: Your billing and coding teams can use the Payer Compliance Dashboard to quickly reference payer-specific guidelines for coding and submission requirements. The tool's proactive alerting feature notifies your team of policy changes, helping them stay compliant and reducing the incidence of claim rejections.

  

Revenue Cycle Management Team:

Challenge: Managing the financial impact of claim denials and optimizing reimbursement processes.

Use Case: Your revenue cycle management team can use the Payer Compliance Dashboard to track updates in payer policies and compliance rules, enabling them to anticipate changes that could affect reimbursement. By staying informed and adjusting workflows accordingly, your team can reduce the administrative burden of claim resubmissions and optimize revenue recovery.

 

Compliance Officers:

Challenge: Keeping up with the frequent changes in payer policies to maintain compliance and mitigate audit risk.

Use Case: Your compliance officers can leverage the Payer Compliance Dashboard to monitor changes in payer rules and access historical versions of policies. This centralized and comprehensive view helps ensure that your organization remains compliant with the latest requirements and minimizes exposure to compliance risks.

  

Practice Managers:

Challenge: Efficiently managing payer requirements across multiple locations and departments.

Use Case: Your practice managers can utilize the Payer Compliance Dashboard’s easy-to-use interface to access up-to-date payer documents and requirements. This helps streamline the communication of policy changes across departments, ensuring that all teams are informed and can adapt quickly.

  

Finance & Executive Leadership:

Challenge: Reducing financial losses from claim denials and optimizing operational efficiency.

Use Case: Your finance and executive teams can use insights from the Payer Compliance Dashboard to understand trends in denials and identify areas where payer policy changes are impacting revenue. This data supports strategic decision-making and helps prioritize initiatives that will enhance the financial performance of the organization.

Pediatric use cases:

The same use cases can be applied to users focused on the pediatric population. 

Users:
  • Denials Management Team
  • Contract Management Team
  • Physician Advisors & Utilization Review Team
  • Billing & Coding Team
  • Revenue Cycle Management Team
  • Compliance Officers
  • Practice Managers
  • Finance & Executive Leadership
Description:

None provided

Pediatric use cases:

None provided

Users:

None provided

EHR Integrations

Integrations:

None provided

EMR Integration & Relevant Hardware:

None provided

EMRs Supported:

None provided

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:

Easy setup!

There is no need to have your IT team plan out a complex EHR integration. Access the Payer Compliance Dashboard via our easy-to-use portal. Export the dashboard data to work offline.  

Our team will quickly set up individual user access to your dashboard. 

Differentiators vs Competitors:

The Most Comprehensive Database:

Access the most complete database of live and historical medical policies and related documents on the market. 

Amazing Customer Support:

Our team will work to ensure you get the most out of your Policy Reporter subscription. We strive to be more than a vendor - we want to be your partner in improving patient access. 

Differentiators vs EHR Functionality:

None provided

Differentiators vs Competitors:

None provided

Keywords

Images

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Videos

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Downloads

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Company Details

Founded in 2000

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