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Company profile: Waystar

1.1 - Company Overview

Waystar Logo

Waystar

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of healthcare revenue cycle management solutions that simplify and unify workflows, including Financial Clearance (insurance verification, prior authorizations, price transparency), Patient Financial Care (self-service payment options, personalized video explanations of benefits), Revenue Capture, Claim and Payer Payment Management, Denial Prevention and Recovery, and Analytics and Reporting.

Products and services

  • Analytics + Reporting: Delivers data-driven analysis and generates comprehensive reports to provide actionable insights across the healthcare revenue cycle
  • Claim + Payer Payment Management: Features automated claim monitoring, streamlines attachment handling, and manages payer remittances, supported by a Best in KLAS claims clearinghouse track record since 2010
  • Financial Clearance: Employs automated insurance verification, coordinates prior authorizations, and supplies clear price transparency for patients and providers

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Waystar

Delta Care Rx Logo

Delta Care Rx

HQ: United States Website
  • Description: Provider of hospice e-prescribing, remote patient care, and on-demand pharmacist services. Products include an e-prescribing app for controlled and non-controlled meds integrated with the Delta e-Tools Suite; 24/7/365 pharmacist support for clinical decisions and cost control; telehealth, remote medication therapy management, and follow-up; local PBM with same-day delivery and transparent pricing; mail-order pharmacy options; and a virtual intake portal for remote hospice admissions.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Delta Care Rx company profile →
Healthland Logo

Healthland

HQ: United States Website
  • Description: Provider of comprehensive healthcare information systems for rural and critical access hospitals; a leading nationwide provider and the only EHR provider focused exclusively on rural hospitals.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Healthland company profile →
Transparent Health Marketplace Logo

Transparent Health Marketplace

HQ: United States Website
  • Description: Provider of the first marketplace of its kind to connect payors and providers of workers' compensation healthcare services.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Transparent Health Marketplace company profile →
Spry Logo

Spry

HQ: United States Website
  • Description: Provider of a cloud-based operating system enabling movement health professionals to collect and analyze patient data in real time.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Spry company profile →
NueMD Logo

NueMD

HQ: United States Website
  • Description: Provider of medical billing, electronic health records (EHR), and practice management software. Offers NueMD for billing, EHR, and practice management (retiring by the end of 2025) and AdvancedMD, a comprehensive solution for practice management, EHR, patient engagement, reporting and analytics, and mobile apps. Provides client support for NueMD via AdvancedMD and migration services to transition to AdvancedMD, including data migration and training.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full NueMD company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Waystar

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Buyer group 1: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Waystar

2.2 - Growth funds investing in similar companies to Waystar

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4 - Top valuation comps for Waystar

4.2 - Public trading comparable groups for Waystar

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4.3 - M&A Transactions similar to Waystar

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Waystar

What does Waystar do?

Waystar is a provider of healthcare revenue cycle management solutions that simplify and unify workflows, including Financial Clearance (insurance verification, prior authorizations, price transparency), Patient Financial Care (self-service payment options, personalized video explanations of benefits), Revenue Capture, Claim and Payer Payment Management, Denial Prevention and Recovery, and Analytics and Reporting.

Who are Waystar's competitors?

Waystar's competitors and similar companies include Delta Care Rx, Healthland, Transparent Health Marketplace, Spry, and NueMD.

Where is Waystar headquartered?

Waystar is headquartered in United States.

How many employees does Waystar have?

Waystar has 1,000 employees 🔒.

When was Waystar founded?

Waystar was founded in 2010 🔒.

What sector and industry vertical is Waystar in?

Waystar is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Waystar

Who are the top strategic acquirers in Waystar's sector and industry

Top strategic M&A buyers and acquirers in Waystar's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Waystar?

Top strategic M&A buyers groups and sectors for Waystar include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in Waystar's sector and industry vertical

Which are the top PE firms investing in Waystar's sector and industry vertical?

Top PE firms investing in Waystar's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Waystar's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Waystar's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Waystar's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Waystar include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Waystar's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Waystar?

The key public trading comparables and valuation benchmarks for Waystar include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Waystar for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for Waystar with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in Waystar's sector and industry vertical?

Our platform tracks relevant M&A transactions comparables and valuation benchmarks for Waystar with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Waystar's' sector and industry vertical?

Access recent funding rounds and capital raises in Waystar's sector and industry vertical including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors and valuations.

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