Waystar - Cloud Software Specialist Benefits from Digitalization Boom in the Insurance Sector!
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Business Driver: Waystar (WAY) has focused on software applications for the insurance industry. The offerings include end-to-end solutions for verifying insurance eligibility and pre-authorizations, cost estimates for patients, payment options, and analytic suites that can identify potential payment defaults among insured individuals. In the recently concluded Q3, the company reported an EPS of 37 cents (previous year: 14 cents), exceeding consensus expectations of 35 cents. Revenue also surpassed expectations, rising by 11.84% to $268.57 million....
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