Empowering DME Suppliers with Waystar's Advanced Solutions

KB at your finger tips

This is one stop global knowledge base where you can learn about all the products, solutions and support features.

Products-Waystar

Empowering DME Suppliers with Waystar's Advanced Solutions

Streamlined Reimbursement Process

Waystar offers tailored solutions specifically designed to meet the complex needs of durable medical equipment (DME) suppliers. With constantly evolving regulations, narrow profit margins, and intricate billing requirements, running a DME organization can be challenging. However, Waystar provides a quicker path to reimbursement by simplifying tasks such as submitting claims, managing denials, and handling Medicare audits. The recent acquisition of industry pioneer eSolutions has further enhanced Waystar's Medicare offerings, introducing innovative features like Same or Similar and Same or Similar Batch functionality. These capabilities enable fully automated HCPCS code verification across all Medicare jurisdictions, streamlining the billing process for DME suppliers.

Exceptional Features for DME Suppliers

Waystar's solutions for DME suppliers come with a range of special features aimed at optimizing operational efficiency and financial outcomes. The eligibility verification process is simplified with tools that capture details related to same or similar equipment items, including verifying all Medicare HCPCS codes (A, L, and V codes) to prevent denials. Regardless of your organization's current claims management process, Waystar ensures seamless integration. Claim management is automated, allowing for the swift submission and tracking of claims while reducing accounts receivable days. Intelligent workflows provide actionable claim status details, facilitating faster remediation. Claims monitoring also includes automated remit matching and reconciliation to uncover missing deposits and ERAs, enhancing financial visibility and efficiency.

Effective Denials and Appeals Management

Waystar's solutions empower DME suppliers to effectively identify, analyze, and address denials through valuable insights into payer-specific denial trends and outcomes. Customizable approaches based on payer specifications allow for targeted denial management strategies, enhancing overall revenue cycle performance. The platform automates the appeal process by auto-populating data and attachments into payer-specific forms for submission, streamlining denials and appeals management. This automation not only saves time but also improves accuracy, ultimately leading to increased cash flow and reduced administrative burden for DME suppliers.

Partnering for DME Success

With decades of experience in assisting DME clients, Waystar has a proven track record of maximizing revenue, reducing AR days, and improving financial clarity for patients. The platform offers resources and solutions that address the latest DME trends, providing valuable insights and tools for DME suppliers looking to enhance their operations. By partnering with Waystar, DME organizations can navigate the complex reimbursement landscape more effectively, ensuring compliance, optimizing revenue collection, and improving overall financial performance.

Stay Ahead in Today’s Competitive Market!
Unlock your company’s full potential with a Virtual Delivery Center (VDC). Gain specialized expertise, drive seamless operations, and scale effortlessly for long-term success.

Book A Meeting To Setup A VDC

Improving Accessibility with Waystar

General Accessibility Efforts

Waystar is committed to ensuring its services are accessible to individuals with disabilities. The website has invested significant resources to make the platform easier to use and more accessible for all users. Waystar believes that accessibility efforts benefit all users, and that every individual deserves to have the right to live with dignity, comfort, and independence.

Read article

Navigating Success in Healthcare Revenue Cycle Management with Waystar

Empowering Providers Through Enhanced Visibility

Waystar, a leading healthcare payments solution provider, acts as a beacon of guidance for providers, illuminating the complex path of revenue cycle management. With a focus on reducing administrative burdens and fostering financial growth, Waystar enables providers to see their revenue cycle with unparalleled clarity. By leveraging the expertise of seasoned healthcare payments leaders, Waystar has evolved into a nationwide organization serving over a million providers, catering to 50% of the U.S. patient population.

Read article

Maximizing Healthcare Revenue Cycle Management Software: A Comprehensive Guide

Understanding the Revenue Cycle Challenges

Managing a healthcare revenue cycle can be a daunting task, especially considering the challenges like increasing denials and staff attrition. Quick and complete payments are often elusive, leading to frustration and financial losses for organizations. However, with the right approach, these challenges can be overcome.

Read article

Empowering Physician Specialty Practices with Waystar Billing Services

Streamlined Billing and Reimbursements

Physician specialty practices often struggle with rising denials leading to increased Account Receivable (AR) days, putting pressure on lean staff to work efficiently. Waystar provides a comprehensive solution to simplify client billing and reimbursements, resulting in increased revenue. By leveraging AI and automation-powered software, Waystar allows staff to manage all claim types in one centralized platform with a single login. This streamlines the billing process and empowers staff to achieve powerful results with less effort.

Read article

Streamlining Healthcare Payments with Waystar's Comprehensive Platform

Simplifying Healthcare Payments

Waystar offers a comprehensive platform that simplifies healthcare payments, allowing organizations to access everything they need within one solution. Whether you are an Ambulatory Surgery Center, Health System, Hospital, Physician Group, or any other healthcare entity, Waystar's platform seamlessly integrates with existing software like EHR, HIS, or PM systems to maximize financial results behind the scenes. By filling out a form on their website, you can request a personalized demo tailored to your organization's unique needs, where an industry expert will guide you through the platform's capabilities.

Read article

Welcome to Knowledge Base!

KB at your finger tips

Products-Waystar