Waystar announced on August 25, 2025, that it earned multiple Gold Stevie® Awards in the 2025 International Business Awards®, including Healthcare Company of the Year and Top-Ranked AI Software Platform for Waystar AltitudeAI™. These recognitions underscore the company's breakthrough innovations and meaningful client outcomes.
Waystar's Auth Accelerate solution also received top honors for advancing prior authorization automation with proven client impact. The U.S. healthcare industry incurs over $440 billion in administrative costs annually, with Waystar's AI transforming processes like claim denials and prior authorizations.
CEO Matt Hawkins stated that innovations like Waystar AltitudeAI™ and Auth Accelerate demonstrate how AI and advanced automation deliver strong ROI in healthcare, empowering providers to redirect resources toward patient care. Waystar AltitudeAI™ has driven a 70% increase in appeal productivity and double-digit improvements in overturn rates, while Auth Accelerate achieves auto-approval rates over 90%.
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