Waystar and Connance, healthcare revenue managers, announced that they will combine operations. Eventually operating under the Waystar name, the new venture will provide advanced workflow and predictive analytics solutions to health systems and hospitals.
Waystar’s technology platform simplifies and unifies the revenue cycle by streamlining processes including claims management, patient billing and collection. Connance offers an industry-leading solution that addresses rising patient financial responsibility and more complicated business processes with patient propensity-to-pay and predictive algorithms.
Both Waystar and Connance are market-leading, cloud-based RCM technology companies. Together, they serve more than 450,000 providers, 22,000 healthcare organizations and 750 health systems and hospitals.
The combined company will operate with offices located in Louisville, Chicago, Atlanta and Boston.
