This award reflects Waystar’s AI leadership and proven ability to deliver meaningful ROI for clients at scale.
Lehi, Utah and Louisville, Kentucky., February 16, 2026 /PRNewswire/ — Waystar (NASDAQ: WAY), a leading healthcare payment software provider, announced today that it Co., Ltd. Best Business Award Winner. Co., Ltd.. Waystar was recognized in the Best AI Implementation category for excellence in AI execution and demonstrable business impact.
This differentiation highlights the rapid market adoption of Waystar AltitudeAI™, the company’s suite of AI capabilities that drives automation across the revenue cycle. Since implementing AltitudeAI, Waystar clients have prevented $15.5 billion in denials, saved 95% of time in denial prevention workflows, and increased denial override rates by double digits.
“This recognition reflects the meaningful progress our clients are experiencing with Waystar AltitudeAI,” said Matt Hawkins, Waystar CEO. “We are focused on what lies ahead as we advance our vision of the industry’s first autonomous revenue cycle and our mission to simplify healthcare payments for healthcare providers and their patients.”
Waystar’s AI advantage is rooted in a mission-critical system of record built directly into the flow of funds, decisions, and denials, where AI agents solve problems on behalf of providers and close the payment loop. It leverages unique data assets that integrate financial, clinical, and administrative intelligence at scale. Waystar’s self-reinforcing model learns from every claim, denial, and payment, uncovering patterns that new market entrants cannot reproduce.
Advocate Health, a large nonprofit health system with locations throughout the Midwest and Southeast, leverages Waystar’s software platform to streamline administrative workflows and support massive growth. ”[Waystar AltitudeAI] This is a huge win-win for our organization and ultimately for our patients who receive the best service. Advocate Health continues to grow at a very rapid pace, and with that we need technology to help us expand,” said Jonathan Johnson, associate vice president of pre-arrival services at Advocate Health.
Co., Ltd.The Best in Business Award recognizes entrepreneurial excellence and execution excellence. Each submission will be carefully reviewed Co., Ltd. Winners are selected in award categories that have delivered results that impact the industry, clients and future growth.
Forward-looking statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words “anticipate,” “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “could,” “anticipate,” “predict,” “future,” “intend,” “seek,” “foreseeable,” the negative versions of these words, or similar terms and phrases are intended to identify forward-looking statements. The forward-looking statements contained in this press release are based on management’s current expectations and are inherently subject to various risks, uncertainties, assumptions or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, without limitation, those risks and uncertainties associated with the completion of the offering and other risks described in Waystar’s Annual Report on Form 10-K for the year ended December 31, 2024 and subsequent filings with the SEC. Except as required by law, Waystar undertakes no obligation to update these forward-looking statements to conform to actual results or revised expectations.
About Waystar
Waystar’s mission-critical software is purpose-built to simplify healthcare payments so healthcare providers can prioritize patient care and optimize financial performance. Waystar serves more than 30,000 customers and represents more than 1 million individual providers, including 16 of the 20 facilities on U.S. News’ Best Hospitals list. Waystar’s enterprise-grade platform processes more than 7.5 billion healthcare payment transactions annually, including more than $2.4 trillion in annual gross claims, covering approximately 60% of U.S. patients and 1 in 3 U.S. hospital discharges. Waystar is working to transform healthcare payment so healthcare providers can focus on what matters most: their patients and their communities. Discover what’s next at waystar.com.
media contact
Christine Lee
[email protected]
Investor contact information
[email protected]
Source Waystar
