Waystar Holding Corp.

Waystar develops cloud-based software that automates healthcare payment workflows across the care continuum. Its core platform offers solutions for patient financial clearance, prior authorization, claims management, denial prevention and recovery, clinical documentation integrity, and revenue capture. It also provides electronic patient billing systems and performance analytics tools. The company serves healthcare providers of various sizes, including physician practices, ambulatory clinics, surgical centers, diagnostic laboratories, and health systems.

The company operates in the United States, where its network processes over 7.5 billion payment transactions annually, reaching approximately 60 percent of patients and one-third of hospital discharges. Waystar serves more than 30,000 client organizations representing over one million healthcare providers, including 16 of the top 20 U.S. News Best Hospitals. Its workforce includes over 340 product and engineering personnel alongside a direct sales team exceeding 100 representatives. The text does not state the location of the company's headquarters.

Summary of the business section of Waystar's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 31, 2025, we had more than 340 team members dedicated to product and research and development.”