Waystar AltitudeAI™ is a comprehensive suite of AI and generative AI capabilities integrated into Waystar's unified, cloud-based Revenue Cycle Management (RCM) platform. It is designed to minimize administrative waste and help healthcare providers recover billions of dollars tied to annually denied claims. The platform leverages deep insights from Waystar's extensive payments network, which processes over 5 billion transactions annually, to drive efficiency and financial performance for providers of all sizes.
Key Components and Features:
- AltitudeCreate™: A generative AI innovation that autonomously generates appeal letters for denied claims, transforming the traditionally labor-intensive and error-prone denial workflow to accelerate reimbursement.
- AltitudePredict™: Uses predictive analytics to anticipate outcomes, forecast trends, and surface risks in real-time, enabling proactive decision-making to combat denials before they occur.
- AltitudeAssist™: Automates revenue cycle workflows and streamlines tasks, empowering provider teams to focus on high-value patient care activities.
Value Proposition:
AltitudeAI is positioned to address the significant administrative burden in healthcare, where billions are spent annually fighting denied claims. By automating complex processes like claim appeal generation and integrating with major EHR/PM systems, Waystar aims to deliver elevated productivity, precision, and financial gains for its clients. The platform serves approximately 30,000 clients, representing over 1 million distinct providers.
