Latest news with #Waystar
Yahoo
6 days ago
- Business
- Yahoo
Jopari Solutions and Waystar Partner to Deliver Seamless eBilling Solution for Providers Nationwide
CONCORD, Calif., June 04, 2025--(BUSINESS WIRE)--Jopari Solutions, a pioneer in healthcare information technology known for its innovative electronic billing, attachment management, and payment solutions, is pleased to reaffirm its strategic partnership with Waystar, a leading provider of revenue cycle and healthcare payment technology. Together, the two companies are delivering a fully integrated, compliant eBilling solution that streamlines provider workflows and enhances revenue cycle performance across the country. The collaboration embeds Jopari's advanced attachment submission functionality into the Waystar platform, enabling providers to electronically submit medical bills and supporting documentation to both commercial payers and state entities. This partnership includes support for the New York Workers' Compensation Board's (NYWCB) upcoming electronic billing and attachment mandate, effective August 1, 2025. Under the NYWCB mandate, all CMS-1500 medical bills and attachments must be submitted electronically via a Board-approved XML submission partner. By leveraging Jopari's built-in compliance and approved status, Waystar users can seamlessly meet these requirements without disruption to existing workflows. "Jopari is proud to power this integrated solution," said Steve Stevens, CEO, Jopari Solutions. "We've built our reputation on delivering scalable, secure, and flexible eBill and attachment solutions for commercial, government, workers' compensation, and auto medical markets. Our continued partnership with Waystar expands that impact by making compliance effortless for more providers." Contact Waystar today to learn how your organization can stay compliant with the NYWCB mandate and streamline eBilling workflows across all lines of business. About Jopari Solutions Jopari Solutions, Inc. is a healthcare information technology company supplying innovative healthcare attachment management, flexible medical payments products, and integrated eBill compliance and portal solutions for Commercial & Government, Workers' Compensation, and Auto Medical markets. For more information, please visit email info@ or call 800.630.3060. 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 View source version on Contacts info@ 800-630-3060 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
6 days ago
- Business
- Business Wire
Jopari Solutions and Waystar Partner to Deliver Seamless eBilling Solution for Providers Nationwide
CONCORD, Calif.--(BUSINESS WIRE)--Jopari Solutions, a pioneer in healthcare information technology known for its innovative electronic billing, attachment management, and payment solutions, is pleased to reaffirm its strategic partnership with Waystar, a leading provider of revenue cycle and healthcare payment technology. Together, the two companies are delivering a fully integrated, compliant eBilling solution that streamlines provider workflows and enhances revenue cycle performance across the country. 'We've built our reputation on delivering scalable, secure, and flexible eBill and attachment solutions for commercial, government, workers' compensation, and auto medical markets." Share The collaboration embeds Jopari's advanced attachment submission functionality into the Waystar platform, enabling providers to electronically submit medical bills and supporting documentation to both commercial payers and state entities. This partnership includes support for the New York Workers' Compensation Board's (NYWCB) upcoming electronic billing and attachment mandate, effective August 1, 2025. Under the NYWCB mandate, all CMS-1500 medical bills and attachments must be submitted electronically via a Board-approved XML submission partner. By leveraging Jopari's built-in compliance and approved status, Waystar users can seamlessly meet these requirements without disruption to existing workflows. 'Jopari is proud to power this integrated solution,' said Steve Stevens, CEO, Jopari Solutions. 'We've built our reputation on delivering scalable, secure, and flexible eBill and attachment solutions for commercial, government, workers' compensation, and auto medical markets. Our continued partnership with Waystar expands that impact by making compliance effortless for more providers.' Contact Waystar today to learn how your organization can stay compliant with the NYWCB mandate and streamline eBilling workflows across all lines of business. About Jopari Solutions Jopari Solutions, Inc. is a healthcare information technology company supplying innovative healthcare attachment management, flexible medical payments products, and integrated eBill compliance and portal solutions for Commercial & Government, Workers' Compensation, and Auto Medical markets. For more information, please visit email info@ or call 800.630.3060. 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
Yahoo
14-05-2025
- Business
- Yahoo
Waystar Announces Pricing of Public Offering of Common Stock
LEHI, Utah and LOUISVILLE, Ky., May 14, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY) ("Waystar"), a provider of leading healthcare payments software, today announced the pricing of its underwritten public offering of 12,500,000 shares of its common stock by certain investment funds of EQT AB and Bain Capital, LP, and Canada Pension Plan Investment Board (CPP Investments), and their respective affiliates (collectively, the "Selling Stockholders") at a price to the public of $38.75 per share. Additionally, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to 1,875,000 additional shares of common stock. Waystar is not selling any shares and will not receive any proceeds from the sale of shares in the offering by the Selling Stockholders. The offering is expected to close on or about May 16, 2025, subject to customary closing conditions. The offering is being made through an underwriting group led by J.P. Morgan, Goldman Sachs & Co. LLC, and Barclays, who are acting as joint lead book-running managers and as representatives of the underwriters for the offering. William Blair, Evercore ISI, BofA Securities, RBC Capital Markets, Jefferies and Deutsche Bank Securities are acting as joint bookrunners for the offering. Canaccord Genuity and Raymond James are acting as co-managers for the offering. A registration statement on Form S-1, including a prospectus, relating to these securities has been filed with and declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. The offering may be made only by means of a prospectus. Copies of the preliminary prospectus may be obtained by contacting: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by email at prospectus-eq_fi@ Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at prospectus-ny@ or Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (888) 603-5847, or by email at barclaysprospectus@ Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words "anticipate," "assume," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "future," "will," "seek," "foreseeable," the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. The forward-looking statements contained in this press release are based on management's current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, risks and uncertainties associated with the consummation of the offering and other risks described in Waystar's registration statement on Form S-1, as it may be amended from time to time, and its Annual Report on Form 10-K for the year ended December 31, 2024 and any subsequent filings with the SEC. Except as required by law, Waystar has no obligation to update any of these forward-looking statements to conform these statements to actual results or revised expectations. 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. Media ContactKristin Investor ContactSandy Draperinvestors@ 502-238-9511 View original content to download multimedia: SOURCE Waystar Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
Earnings Estimates Moving Higher for Waystar (WAY): Time to Buy?
Waystar Holding (WAY) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. The upward trend in estimate revisions for this health care payments software maker reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For Waystar, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: For the current quarter, the company is expected to earn $0.32 per share, which is a change of +700% from the year-ago reported number. The Zacks Consensus Estimate for Waystar has increased 12.99% over the last 30 days, as two estimates have gone higher while one has gone lower. For the full year, the company is expected to earn $1.32 per share, representing a year-over-year change of +21.1%. There has been an encouraging trend in estimate revisions for the current year as well. Over the past month, five estimates have moved up for Waystar versus no negative revisions. This has pushed the consensus estimate 6.05% higher. The promising estimate revisions have helped Waystar earn a Zacks Rank #2 (Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. While strong estimate revisions for Waystar have attracted decent investments and pushed the stock 5.9% higher over the past four weeks, further upside may still be left in the stock. So, you may consider adding it to your portfolio right away. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Waystar Holding Corp. (WAY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Business
- Yahoo
Waystar Named Top Healthcare Payments Software Platform by MedTech Breakthrough
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 WaystarWaystar'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 Media ContactKristin Investor ContactSandy Draperinvestors@ View original content to download multimedia: SOURCE Waystar
