Outdated denial processes and high workload mean you’re probably leaving a lot of revenue on the table. Waystar’s automated Denial Management helps you manage, appeal and even prevent denials to ensure that less revenue slips through the cracks.
“Denial Management was a game changer in terms of time savings...We have more confidence than ever that our processes work and our claims will be paid.”
Monthly claim volume
Current denial rate
Average claim value
Average number of appeal packages submitted per month
Total additional revenue recovered per year
Total staff hours saved
These numbers are for demonstration only and account for some assumptions. Contact us for a more comprehensive and customized savings estimate.
It costs up to $118 to work a single denial —and with 15-25% of claims not paid the first time, that cost can really add up. Use our calculator to the right to find out how much more revenue and staff time you could recover by preventing denials, automating workflows and streamlining the appeal process with Denial Management from Waystar.
Waystar Denial Management automates the tedious process of identifying denied claims and underpayments by:
This empowers you to get the most out of your AR initiatives, send more appeal packages and reduce AR days.
of providers ranked denials as their greatest challenge*
2 of 3
denials can be recovered*
of denials are never worked*
*Becker’s Hospital Review, May 2018
Preventing denials up front saves significant time and money down the line. Waystar identifies and reports on root causes so you can make process improvements upstream to decrease preventable denials.
of denials are avoidable
Find out more about how Denial Management can help your organization prevent denials, recover more revenue and reduce your cost to collect. Check out the selected resources to the right, or click below to visit our full library.