HealthArc
HealthArc is a unified remote care management platform providing healthcare organizations with automated tools for remote patient monitoring, chronic care management, and seamless electronic health record integration.
Waystar
Waystar provides a unified healthcare payments platform that automates financial workflows to help providers collect more revenue and simplify the patient billing experience.
Quick Comparison
| Feature | HealthArc | Waystar |
|---|---|---|
| Website | healtharc.io | waystar.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2018 | 2017 |
| Headquarters | New Jersey, USA | Louisville, USA |
Overview
HealthArc
HealthArc provides you with a unified platform to manage patients outside the traditional clinic setting. You can launch and scale programs for Remote Patient Monitoring (RPM), Chronic Care Management (CCM), and Principal Care Management (PCM) using a single interface. The software automates the tedious parts of virtual care, such as tracking time spent on patient charts and generating billing reports for Medicare reimbursement.
You can connect with over 50 cellular and Bluetooth medical devices that sync data automatically, removing the technical burden from your patients. Whether you are a solo practitioner or a large health system, the platform helps you improve patient outcomes by identifying health risks in real-time. You can also integrate the system directly with your existing EHR to keep all patient records synchronized and up to date.
Waystar
Waystar is a comprehensive healthcare payments platform designed to simplify the complex financial side of medicine. You can manage the entire revenue cycle from a single interface, whether you are running a small private practice or a massive health system. The software automates manual tasks like verifying insurance eligibility, submitting claims, and following up on denials, which allows your staff to focus more on patient care rather than paperwork.
You can also transform the patient experience by providing clear, upfront cost estimates and flexible digital payment options. By consolidating disparate financial tools into one cloud-based system, you gain better visibility into your accounts receivable and reduce the time it takes to get paid. It is built to handle the specific regulatory and billing needs of hospitals, laboratories, and ambulatory practices alike.
Overview
HealthArc Features
- Automated Billing Generate accurate reimbursement reports automatically based on time logs and clinical interactions to maximize your practice revenue.
- EHR Integration Sync patient data seamlessly with major EHR systems like Epic, Cerner, and Athenahealth to maintain a single source of truth.
- Cellular Device Suite Ship pre-configured blood pressure cuffs and scales to patients that work out of the box without requiring smartphone apps.
- Real-time Alerts Set custom thresholds for patient vitals and receive instant notifications when readings fall outside of safe ranges.
- Time Tracking Log every minute you spend on patient care automatically to ensure you meet the requirements for monthly billing codes.
- Patient Engagement App Communicate with your patients through HIPAA-compliant messaging and video calls to provide immediate support and guidance.
Waystar Features
- Eligibility Verification. Verify patient insurance coverage in real-time before the appointment to prevent costly claim rejections and delays.
- Claim Management. Submit and track claims across thousands of payers using automated workflows that catch errors before they reach the insurance company.
- Denial Prevention. Identify the root causes of denied claims with AI-powered insights so you can fix issues and recover revenue faster.
- Patient Cost Estimator. Generate accurate out-of-pocket estimates for your patients to improve transparency and increase the likelihood of upfront collections.
- Digital Patient Payments. Offer your patients convenient ways to pay their bills online or via mobile devices to speed up your cash flow.
- Advanced Analytics. Monitor your financial health with custom dashboards that track key performance indicators and identify areas for operational improvement.
Pricing Comparison
HealthArc Pricing
Waystar Pricing
Pros & Cons
HealthArc
Pros
- Extensive library of integrated cellular and Bluetooth medical devices
- Simplifies complex Medicare billing requirements for remote care
- User-friendly dashboard for monitoring large patient populations
- Responsive support team during the initial EHR integration phase
Cons
- Custom pricing makes it difficult to compare costs upfront
- Initial setup requires significant coordination with clinical workflows
- Mobile app interface can feel basic for tech-savvy patients
Waystar
Pros
- Consolidates multiple billing functions into one intuitive dashboard
- Reduces manual data entry through high levels of automation
- Excellent visibility into claim status and payer response times
- Regular updates ensure compliance with changing healthcare regulations
Cons
- Initial implementation requires significant time and staff training
- Customer support response times can vary during peak periods
- Reporting tools have a learning curve for advanced users