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Waystar Secures Top Spot for End-to-End Revenue Cycle Management Solutions for Hospitals, IDNs, and Health Systems in 2024 Black Book Survey

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Health - Purple Foxy Ladies originally published at Health - Purple Foxy Ladies

Waystar Secures Top Spot for End-to-End Revenue Cycle Management Solutions for Hospitals, IDNs, and Health Systems in 2024 Black Book Survey

NEW YORK, June 27, 2024 (Newswire.com) - Black Book Research has declared Waystar the top vendor for Revenue Cycle Management Software Technology, recognized as the best by clients from large hospitals, academic medical centers, health systems, chains, and IDNs. This accolade comes from the 2024 RCM survey responses of hospital executives, financial system users, and business office leaders representing 680 inpatient organizations.

Between Q4 2023 and Q2 2024, the Black Book Research financial digital transformation software survey rigorously evaluated 307 vendors across various finance functional categories. This assessment drew on feedback from 6,195 verified client users to determine the top-rated solutions vendors.

In a competitive landscape filled with hundreds of core and niche Revenue Cycle Management (RCM) solution vendors, the latest Black Book survey respondents assessed various healthcare provider technology tools. Waystar has consistently earned top customer satisfaction ratings in Black Book's annual surveys for over a decade, maintaining its premier status since 2012.

"Waystar excels in revenue cycle management by leveraging AI and ML for predictive analytics to forecast patient payment behavior, identify denials, and optimize claims," said Doug Brown, President of Black Book Research. "Their enhanced data analytics tools ensure revenue integrity with accurate billing and compliance, while patient engagement features like online payment portals, real-time claim updates, and personalized payment plans improve communication and transparency. By emphasizing interoperability, Waystar seamlessly integrates with EHRs to streamline workflows. Additionally, they support value-based care with tools for managing bundled payments and tracking quality metrics, and their advanced security features ensure data protection and HIPAA compliance. These comprehensive capabilities have secured Waystar's top client rating for the ninth consecutive year in end-to-end RCM services."

Waystar achieved the highest scores in 12 out of 18 key performance indicators for revenue cycle management, including Strategic Alignment of Client Goals, Innovation, Training, Trust, Transparency, Accountability, Breadth of Offerings, Deployment and Implementation, Customization, Brand Image and Marketing Communications, Marginal Value Adds, Viability and Managerial Stability, Support and Customer Care, and Best-of-Breed Technology and Process Improvement.

Full results can be found at https://blackbookmarketresearch.com/finance-revenue-cycle-management.

About Black Book

Black Book conducts crowdsourced polls and surveys with healthcare executives and front-line users about their current technology trends, and services partners and awards top-performing vendors' recognition based on performance using indicators of client experience, loyalty, and customer satisfaction. Black Book™, along with its founder, management, and staff, holds no financial interest in any of the vendors, including Waystar, covered in its RCM surveys. Black Book publishes the results of satisfaction and client experience rankings and shares them with the media before notifying the vendors. It does not solicit participation fees, review fees, inclusion or briefing charges, or vendor collaboration during its client polls. For methodology, auditing, resources, comprehensive research, and ranking data, see www.blackbookmarketresearch.com or contact us at research@blackbookmarketresearch.com.

Contact Information:
Press Office
research@blackbookmarketresearch.com
8008637590


Original Source: Waystar Secures Top Spot for End-to-End Revenue Cycle Management Solutions for Hospitals, IDNs, and Health Systems in 2024 Black Book Survey

Health - Purple Foxy Ladies originally published at Health - Purple Foxy Ladies

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DocVA Launches Cutting-Edge Virtual Medical Assistant Services, Revolutionizing Healthcare Operations

DocVA Launches Cutting-Edge Virtual Medical Assistant Services, Revolutionizing Healthcare OperationsBoost Efficiency and Elevate Patient Care With DocVA’s New Virtual Assistant Services


FORT LAUDERDALE, Fla., July 18, 2024 (Newswire.com)
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DocVA, a leader in the virtual medical assistant staffing industry with years of experience, announces the launch of its comprehensive suite of remote healthcare support services. This innovative offering aims to transform medical practices by providing highly skilled virtual assistants capable of handling various administrative and clinical support tasks.

Virtual Medical Assistant Provider Offers Tailored Solutions to Enhance Patient Care and Streamline Practice Operations

“The world of healthcare is constantly changing, and at DocVA, we’re committed to staying ahead of the curve,” said Nathaniel Barz, CEO of DocVA, who has a decade of experience delivering excellent customer service in the staffing industry. “Our mission is to help as many healthcare practices as possible in the U.S., Canada, and eventually the world by addressing the critical issues that arose post-COVID, such as staff burnout and shortages.”

Comprehensive Virtual Medical Assistant Services

DocVA’s range of services includes:

  • Virtual Medical Receptionist: Handling phone calls, scheduling appointments, managing prescription refill requests, and verifying insurance eligibility
  • Virtual Medical Billing and Insurance Assistant: Managing payments, insurance verification, claims submissions, and pre-authorizations
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  • Virtual Medical Scribe: Providing real-time documentation during patient exams, ensuring EMRs stay current

Benefits for All Stakeholders

By partnering with DocVA, healthcare providers can expect:

  • Improved office efficiency and smoother daily operations
  • Enhanced patient satisfaction through elite-level customer service
  • Significant cost savings compared to hiring in-house staff
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  • Flexibility to scale support based on practice needs
  • Reduced staff burnout and improved work-life balance
  • Increased profitability for practices

“Our virtual assistants create a win-win-win situation,” Nathan added. “Staff love it, doctors love it, and patients love it. We’re not just improving healthcare operations but also providing opportunities for people in developing countries to achieve an upper-middle-class lifestyle.”

About DocVA

DocVA is a seasoned virtual medical assistant staffing leader, with two years of specialized experience in the healthcare industry. Our team has placed thousands of virtual medical assistants in different practices across the U.S. Building on lessons learned from previous ventures, DocVA is dedicated to constant improvement and innovation. By leveraging cutting-edge AI technology and a team of highly skilled professionals, DocVA enables medical practices to streamline operations, improve patient care, and reduce operational costs.

Discover more about how DocVA is revolutionizing healthcare support at https://docva.com or contact:

Contact Information:

Nathaniel Barz 

Founder & CEO 

DocVA

clientmanager@docva.com
+1 (954) 304-9702
110 E. Broward Blvd., Suite 1700, Fort Lauderdale, Florida 33312, United States

Contact Information:

Nathaniel Barz

CEO

nbarz@docva.com

+1 (954) 304-9702

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DocVA Launches Cutting-Edge Virtual Medical Assistant Services, Revolutionizing Healthcare Operations

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