Cloud-based medical billing and practice management with real-time claims editing, ERA auto-posting, and built-in clearinghouse for independent practices.
Enterprise claims management module with AI-powered scrubbing, real-time status tracking, and automated denial workflows processing $3T+ annually.
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 Claims Management
Enterprise claims management module with AI-powered scrubbing, real-time status tracking, and automated denial workflows processing $3T+ annually.
Primary Category
billing-rcm-insurance
billing-rcm-insurance
Primary Category
CollaborateMD
billing-rcm-insurance
Waystar Claims Management
billing-rcm-insurance
Founded
Unknown
Unknown
Founded
CollaborateMD
Unknown
Waystar Claims Management
Unknown
Best For
Independent medical practices wanting cloud-based billing; Small to mid-size practices seeking intuitive interface; Billing services managing multiple practice clients
Large healthcare organizations needing enterprise-scale claims processing; Health systems requiring real-time claims status across payers; Organizations seeking AI-powered claim scrubbing and optimization
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 Claims Management
Large healthcare organizations needing enterprise-scale claims processing; Health systems requiring real-time claims status across payers; Organizations seeking AI-powered claim scrubbing and optimization
Pricing
Starting Price
Contact for pricing
Custom quote required
Starting Price
CollaborateMD
Contact for pricing
Waystar Claims Management
Custom quote required
Pricing Model
Flat monthly
enterprise-custom
Pricing Model
CollaborateMD
Flat monthly
Waystar Claims Management
enterprise-custom
Free Trial
No free trial
No free trial
Free Trial
CollaborateMD
No free trial
Waystar Claims Management
No free trial
Pricing Details
Starting at $194/month for solo provider. Includes clearinghouse claims at $0.25/claim. Volume discounts available.
Enterprise pricing based on claim volume and modules. Typically $200-800/month for smaller practices, custom pricing for large organizations.
Pricing Details
CollaborateMD
Starting at $194/month for solo provider. Includes clearinghouse claims at $0.25/claim. Volume discounts available.
Waystar Claims Management
Enterprise pricing based on claim volume and modules. Typically $200-800/month for smaller practices, custom pricing for large organizations.
Compliance & Security
HIPAA Compliant
Yes
Yes
HIPAA Compliant
CollaborateMD
Yes
Waystar Claims Management
Yes
BAA Available
Yes
Yes
BAA Available
CollaborateMD
Yes
Waystar Claims Management
Yes
SOC 2 Certified
Unknown
Yes
SOC 2 Certified
CollaborateMD
Unknown
Waystar Claims Management
Yes
HITRUST Certified
No
Yes
HITRUST Certified
CollaborateMD
No
Waystar Claims Management
Yes
Features
Mobile App
Yes
Yes
Mobile App
CollaborateMD
Yes
Waystar Claims Management
Yes
Mental Health Specific
No
No
Mental Health Specific
CollaborateMD
No
Waystar Claims Management
No
Integrations
Total Integrations
2 integrations
7 integrations
Total Integrations
CollaborateMD
2 integrations
Waystar Claims Management
7 integrations
Clearinghouse
None
None
Clearinghouse
CollaborateMD
None
Waystar Claims Management
None
Billing Features
Claims Submission
No
No
Claims Submission
CollaborateMD
No
Waystar Claims Management
No
Eligibility Verification
No
No
Eligibility Verification
CollaborateMD
No
Waystar Claims Management
No
ERA Processing
No
No
ERA Processing
CollaborateMD
No
Waystar Claims Management
No
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 Claims Management
Medium (11-50), Large (51-200), Enterprise (200+)
Customer Base
Unknown
Unknown
Customer Base
CollaborateMD
Unknown
Waystar Claims Management
Unknown
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