Cloud-based medical billing and practice management with real-time claims editing, ERA auto-posting, and built-in clearinghouse for independent practices.
Leading healthcare RCM platform combining Navicure, ZirMed, and Patientco, processing $3T+ in claims annually with AI-powered denial prevention.
What It Is
CollaborateMD
Cloud-based medical billing and practice management with real-time claims editing, ERA auto-posting, and built-in clearinghouse for independent practices.
Waystar
Leading healthcare RCM platform combining Navicure, ZirMed, and Patientco, processing $3T+ in claims annually with AI-powered denial prevention.
Primary Category
billing-rcm-insurance
billing-rcm-insurance
Primary Category
CollaborateMD
billing-rcm-insurance
Waystar
billing-rcm-insurance
Founded
Unknown
Unknown
Founded
CollaborateMD
Unknown
Waystar
Unknown
Best For
Independent medical practices wanting cloud-based billing; Small to mid-size practices seeking intuitive interface; Billing services managing multiple practice clients
Mid-size to large medical groups needing comprehensive RCM; Health systems requiring enterprise-scale revenue cycle management; Practices seeking AI-powered denial prevention and appeal automation
Best For
CollaborateMD
Independent medical practices wanting cloud-based billing; Small to mid-size practices seeking intuitive interface; Billing services managing multiple practice clients
Waystar
Mid-size to large medical groups needing comprehensive RCM; Health systems requiring enterprise-scale revenue cycle management; Practices seeking AI-powered denial prevention and appeal automation
Pricing
Starting Price
Contact for pricing
Custom quote required
Starting Price
CollaborateMD
Contact for pricing
Waystar
Custom quote required
Pricing Model
Flat monthly
enterprise-custom
Pricing Model
CollaborateMD
Flat monthly
Waystar
enterprise-custom
Free Trial
No free trial
No free trial
Free Trial
CollaborateMD
No free trial
Waystar
No free trial
Pricing Details
Starting at $194/month for solo provider. Includes clearinghouse claims at $0.25/claim. Volume discounts available.
Custom enterprise pricing based on claim volume and modules selected. Typical range $200-800/month for small practices, higher for large organizations.
Pricing Details
CollaborateMD
Starting at $194/month for solo provider. Includes clearinghouse claims at $0.25/claim. Volume discounts available.
Waystar
Custom enterprise pricing based on claim volume and modules selected. Typical range $200-800/month for small practices, higher for large organizations.
Compliance & Security
HIPAA Compliant
Yes
Yes
HIPAA Compliant
CollaborateMD
Yes
Waystar
Yes
BAA Available
Yes
Yes
BAA Available
CollaborateMD
Yes
Waystar
Yes
SOC 2 Certified
Unknown
Yes
SOC 2 Certified
CollaborateMD
Unknown
Waystar
Yes
HITRUST Certified
No
Yes
HITRUST Certified
CollaborateMD
No
Waystar
Yes
Features
Mobile App
Yes
Yes
Mobile App
CollaborateMD
Yes
Waystar
Yes
Mental Health Specific
No
No
Mental Health Specific
CollaborateMD
No
Waystar
No
Integrations
Total Integrations
2 integrations
8 integrations
Total Integrations
CollaborateMD
2 integrations
Waystar
8 integrations
Clearinghouse
None
None
Clearinghouse
CollaborateMD
None
Waystar
None
Billing Features
Claims Submission
No
Yes
Claims Submission
CollaborateMD
No
Waystar
Yes
Eligibility Verification
No
Yes
Eligibility Verification
CollaborateMD
No
Waystar
Yes
ERA Processing
No
Yes
ERA Processing
CollaborateMD
No
Waystar
Yes
Support & Fit
Practice Sizes
Solo, Small (2-10), Medium (11-50)
Medium (11-50), Large (51-200), Enterprise (200+)
Practice Sizes
CollaborateMD
Solo, Small (2-10), Medium (11-50)
Waystar
Medium (11-50), Large (51-200), Enterprise (200+)
Customer Base
Unknown
Unknown
Customer Base
CollaborateMD
Unknown
Waystar
Unknown
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