Waystar announced on January 13, 2025, the launch of Waystar AltitudeAI™, a comprehensive suite of AI capabilities for healthcare providers. This suite includes AltitudeCreate™, a new generative AI innovation specifically designed to autonomously draft appeal letters for denied claims.
The U.S. healthcare system faces an estimated $350 billion in annual administrative waste, with providers spending $20 billion annually attempting to overturn denied claims. Waystar's new generative AI capabilities aim to help providers recover a substantial portion of payments tied to over 450 million annually denied claims, leading to faster and more accurate healthcare payments.
Matt Hawkins, Chief Executive Officer of Waystar, stated that generative AI unlocks a new era of productivity and precision, transforming how the industry simplifies claims, appeals, and payment workflows. Waystar's decade-long track record of deploying AI across its platform positions it to address these critical administrative burdens.
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