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Waystar Holding Corp.: Arbor Diagnostics boosts monthly collections 20 percent using Waystar software
Arbor Diagnostics has achieved notable operational improvements after implementing software from Waystar Holding Corp. The diagnostic laboratory reported a 20 percent increase in monthly collections, an 83 percent self-service payment rate among patients, and projected annual savings of $21,000 by reducing reliance on paper statements.
These results underscore the growing role of specialized healthcare software in streamlining payment workflows and deepening patient engagement. Arbor Diagnostics' use of Waystar Holding Corp.'s technology aligns with broader trends in the healthcare industry toward digitalization and cost efficiency.
Waystar Holding Corp. previously enabled Coronis Health to identify a $1.7 million billing opportunity through automated eligibility detection, according to a recent report. The company also supported OSF HealthCare in achieving a 78 percent reduction in patient denials by deploying AI and automation tools, as detailed in another case. These deployments highlight the technology's operational impact across various healthcare providers.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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