Latest news with #WaystarHoldingCorp
San Francisco Chronicle
30-04-2025
- Business
- San Francisco Chronicle
Waystar: Q1 Earnings Snapshot
LEHI, Utah (AP) — LEHI, Utah (AP) — Waystar Holding Corp. (WAY) on Wednesday reported first-quarter earnings of $29.3 million. On a per-share basis, the Lehi, Utah-based company said it had profit of 16 cents. Earnings, adjusted for one-time gains and costs, were 32 cents per share. The results matched Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 32 cents per share. The health care payments software maker posted revenue of $256.4 million in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $248.1 million.
Globe and Mail
14-04-2025
- Business
- Globe and Mail
Analysts' Top NA Picks: GE Vernova Inc. (GEV), Waystar Holding Corp. (WAY)
There's a lot to be optimistic about in the NA sector as 2 analysts just weighed in on GE Vernova Inc. (GEV – Research Report) and Waystar Holding Corp. (WAY – Research Report) with bullish sentiments. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. GE Vernova Inc. (GEV) RBC Capital analyst Chris Dendrinos maintained a Buy rating on GE Vernova Inc. today and set a price target of $445.00. The company's shares closed last Friday at $321.43. According to Dendrinos ' ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -14.2% and a 26.1% success rate. Dendrinos covers the Technology sector, focusing on stocks such as Sunnova Energy International, Shoals Technologies Group, and NEXTracker, Inc. Class A. ;'> GE Vernova Inc. has an analyst consensus of Strong Buy, with a price target consensus of $429.60, a 38.6% upside from current levels. In a report issued on April 2, Susquehanna also initiated coverage with a Buy rating on the stock with a $370.00 price target. Waystar Holding Corp. (WAY) Bank of America Securities analyst Allen Lutz reiterated a Buy rating on Waystar Holding Corp. today and set a price target of $48.00. The company's shares closed last Friday at $37.27. According to Lutz is a 5-star analyst with an average return of 9.7% and a 60.8% success rate. Lutz covers the Healthcare sector, focusing on stocks such as Walgreens Boots Alliance, Hims & Hers Health, and Envista Holdings. ;'> Waystar Holding Corp. has an analyst consensus of Strong Buy, with a price target consensus of $49.86, a 37.0% upside from current levels. In a report issued on March 31, Truist Financial also initiated coverage with a Buy rating on the stock.
Yahoo
18-02-2025
- Business
- Yahoo
Waystar Announces Proposed Public Offering of Common Stock
LEHI, Utah, and LOUISVILLE, Ky., Feb. 18, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, a provider of leading healthcare payments software, today announced a proposed underwritten public offering of 18,000,000 shares of its common stock being offered by certain investment funds of EQT AB, Canada Pension Plan Investment Board, Bain Capital, LP, and their respective affiliates (collectively, the "Selling Stockholders"). Additionally, the Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to 2,700,000 additional shares of common stock. Waystar will not receive any proceeds from the sale of shares in the offering by the Selling Stockholders. 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. A registration statement on Form S-1, including a prospectus, which is preliminary and subject to completion, relating to these securities has been filed with the Securities and Exchange Commission (the "SEC") but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. 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 proposed 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 StatementsThis 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 proposed 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 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 Honor Roll. 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 Sign in to access your portfolio
Yahoo
05-02-2025
- Business
- Yahoo
Waystar recognized as the leading healthcare software platform with top marks for client satisfaction
Receives multiple Best in KLAS awards in Claims Management & Clearinghouse and Patient Access LEHI, Utah and LOUISVILLE, Ky., Feb. 5, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today announced its top ranking in multiple 2025 Best in KLAS categories: Claims Management & Clearinghouse and Patient Access. Based on independent client feedback, these recognitions underscore the value healthcare providers gain from Waystar's AI-powered software platform, fueled by continuous innovation and a steadfast focus on client satisfaction, empowering providers to tackle the industry's most pressing challenges. Providers cite the need for improved client service as the primary driver for switching revenue cycle management vendors, according to a recent third-party survey. The latest Best in KLAS results highlight Waystar's commitment to client support excellence, with number-one rankings in claims management & clearinghouse and patient access solutions. These recognitions underscore Waystar's status as a top software leader in revenue cycle management, marking over a dozen consecutive years of being named Best in KLAS. "We are honored to receive this feedback from healthcare providers regarding our innovation and unwavering commitment to client support," said Matt Hawkins, Chief Executive Officer of Waystar. "Waystar will continue to build and deliver advanced, end-to-end revenue cycle solutions that help our clients achieve their operational goals while enhancing transparency and fairness for both providers and their patients." Providers increasingly turn to Waystar's software to navigate operational complexities and position themselves for future success. Waystar's platform optimizes revenue cycle workflows by integrating front-end patient access with back-end claims management to achieve operational efficiency and a meaningful ROI. Its powerful automation capabilities enhance denial prevention through eligibility verification and coverage detection, accelerating reimbursements. Powered by Waystar AltitudeAI™, a comprehensive set of AI capabilities for providers, the platform continuously adapts to changing payer policies and claim trends, delivering predictive insights that improve financial performance, ultimately enabling providers to achieve elevated productivity and precision in healthcare payments. In 2024, Waystar's claims and clearinghouse solutions played a crucial role in stabilizing the healthcare industry after a cyber incident that disrupted claims processing nationwide. In response, Waystar launched the Accelerated Implementation Program, quickly onboarding over 30,000 providers to its clearinghouse, restoring cash flow and ensuring continuity of care. Many of these providers have committed long-term to Waystar, expanding their adoption of additional solutions on the platform and becoming more active in their client community. Waystar's recognition by KLAS adds to a series of recent prestigious third-party awards, including Forbes' Most Trusted Companies in America, Fortune's Best Workplaces in Health Care, the Healthcare Payments Innovation Award from MedTech Breakthrough, and multiple Gold Stevie® Awards for the company's cloud-based software platform and leadership in AI. 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 Honor Roll. Waystar's enterprise-grade platform annually processes over 5 billion healthcare payment transactions, including over $1.2 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
