Practice Fusion
Practice Fusion is a cloud-based electronic health record platform that helps independent medical practices streamline charting, scheduling, and billing to improve patient care and office efficiency.
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 | Practice Fusion | Waystar |
|---|---|---|
| Website | practicefusion.com | waystar.com |
| Pricing Model | Subscription | Custom |
| Starting Price | $149/month | Custom Pricing |
| FREE Trial | ✓ 14 days 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 | 2005 | 2017 |
| Headquarters | San Francisco, USA | Louisville, USA |
Overview
Practice Fusion
Practice Fusion provides you with a comprehensive, cloud-based electronic health record (EHR) system designed specifically for independent medical practices. You can manage your entire clinical workflow from a single dashboard, including patient scheduling, charting, and e-prescribing. The platform simplifies complex tasks like tracking lab results and managing referrals, allowing you to spend more time with patients and less time on paperwork.
You can also enhance patient engagement through a dedicated portal where patients view their health records and message your office securely. The software supports various specialties and helps you stay compliant with healthcare regulations through automated reporting tools. Whether you are a solo practitioner or part of a small group, you can access your practice data securely from any device with an internet connection.
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
Practice Fusion Features
- Smart Charting Create patient charts faster using customizable templates that adapt to your specific specialty and clinical workflow preferences.
- E-Prescribing Send prescriptions instantly to over 98,000 pharmacies and manage medication orders directly within the patient's digital record.
- Lab and Imaging Connect with over 600 partners to receive lab results and imaging reports automatically inside your patient charts.
- Patient Portal Give your patients secure access to their health information, lab results, and appointment history to improve engagement.
- Integrated Billing Connect your clinical data to preferred billing partners to reduce coding errors and accelerate your reimbursement cycle.
- Appointment Scheduling Manage your office calendar and send automated appointment reminders to patients to reduce no-shows and empty slots.
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
Practice Fusion Pricing
- Full EHR access
- E-prescribing capabilities
- Unlimited charting and scheduling
- Patient portal access
- Lab and imaging integrations
- Standard customer support
- Everything in Provider plan, plus:
- Volume-based pricing discounts
- Centralized practice management
- Multi-office support
- Dedicated account management
- Custom implementation assistance
Waystar Pricing
Pros & Cons
Practice Fusion
Pros
- Cloud-based access allows working from any location
- Intuitive interface is easy for new staff to learn
- Extensive library of templates for various specialties
- Reliable e-prescribing and lab integration network
Cons
- No longer offers a free version for small practices
- Customer support response times can be slow
- Limited customization for highly complex workflows
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