Waystar hosted an Innovation Showcase on April 23, 2025, unveiling numerous new innovations spanning its software platform, including first-to-market generative AI capabilities and advanced automation. These advancements target over $440 billion in administrative waste across the U.S. healthcare system.
New capabilities under Waystar AltitudeAI™ include Altitude Assist™ in Claim Manager, a generative AI tool that transforms user prompts into automated denial prevention. This innovation recommends high-impact opportunities to fix issues before claim submission, cutting processes that traditionally took three days to approximately three minutes.
The company also debuted fully automated insurance identification across the entire revenue cycle, continuously scanning for coverage at multiple touchpoints. Early adopters uncovered accurate insurance coverage for over 55% of previously incorrect information in under 30 seconds. Additionally, Digital First Billing was expanded, with existing clients seeing a 35% reduction in print statements and significant cost savings.
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