Full-service outsourced billing and RCM for psychiatry practices.
Enterprise claims management module with AI-powered scrubbing, real-time status tracking, and automated denial workflows processing $3T+ annually.
What It Is
Precision Practice Management
Full-service outsourced billing and RCM for psychiatry 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
Precision Practice Management
billing-rcm-insurance
Waystar Claims Management
billing-rcm-insurance
Founded
Unknown
Unknown
Founded
Precision Practice Management
Unknown
Waystar Claims Management
Unknown
Best For
Psychiatry and behavioral health practices seeking outsourced billing; Practices wanting full revenue cycle management services; Organizations needing credentialing and enrollment support
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
Precision Practice Management
Psychiatry and behavioral health practices seeking outsourced billing; Practices wanting full revenue cycle management services; Organizations needing credentialing and enrollment support
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
5-9% of collections
Custom quote required
Starting Price
Precision Practice Management
5-9% of collections
Waystar Claims Management
Custom quote required
Pricing Model
revenue-share
enterprise-custom
Pricing Model
Precision Practice Management
revenue-share
Waystar Claims Management
enterprise-custom
Free Trial
No free trial
No free trial
Free Trial
Precision Practice Management
No free trial
Waystar Claims Management
No free trial
Pricing Details
No additional details
Enterprise pricing based on claim volume and modules. Typically $200-800/month for smaller practices, custom pricing for large organizations.
Pricing Details
Precision Practice Management
No additional details
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
Precision Practice Management
Yes
Waystar Claims Management
Yes
BAA Available
Unknown
Yes
BAA Available
Precision Practice Management
Unknown
Waystar Claims Management
Yes
SOC 2 Certified
Unknown
Yes
SOC 2 Certified
Precision Practice Management
Unknown
Waystar Claims Management
Yes
HITRUST Certified
Unknown
Yes
HITRUST Certified
Precision Practice Management
Unknown
Waystar Claims Management
Yes
Features
Mobile App
No
Yes
Mobile App
Precision Practice Management
No
Waystar Claims Management
Yes
Mental Health Specific
No
No
Mental Health Specific
Precision Practice Management
No
Waystar Claims Management
No
Integrations
Total Integrations
None listed
7 integrations
Total Integrations
Precision Practice Management
None listed
Waystar Claims Management
7 integrations
Clearinghouse
None
None
Clearinghouse
Precision Practice Management
None
Waystar Claims Management
None
Billing Features
Claims Submission
No
No
Claims Submission
Precision Practice Management
No
Waystar Claims Management
No
Eligibility Verification
No
No
Eligibility Verification
Precision Practice Management
No
Waystar Claims Management
No
ERA Processing
No
No
ERA Processing
Precision Practice Management
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
Precision Practice Management
Solo, Small (2-10), Medium (11-50)
Waystar Claims Management
Medium (11-50), Large (51-200), Enterprise (200+)
Customer Base
Unknown
Unknown
Customer Base
Precision Practice Management
Unknown
Waystar Claims Management
Unknown
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