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Tools/Compare

TheraNest Billing vs Waystar

Show:
Detail:
Attribute
Billing

TheraNest Billing

Ensora Health (formerly Therapy Brands)

Billing

Waystar

TheraNest Billing
Waystar
Key Differencesat a glance
TheraNest Billing:Purpose-built for mental health
Waystar:Includes AI-powered features
Waystar:More integrations (8)

Overview

Tool Name
TheraNest Billing
Waystar
Tool Name
TheraNest Billing
TheraNest Billing
Waystar
Waystar
What It Is
Mental health practice management with tiered billing options from self-service to managed RCM, now part of Ensora Health's behavioral health portfolio.
Leading healthcare RCM platform combining Navicure, ZirMed, and Patientco, processing $3T+ in claims annually with AI-powered denial prevention.
What It Is
TheraNest Billing
Mental health practice management with tiered billing options from self-service to managed RCM, now part of Ensora Health's behavioral health portfolio.
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
TheraNest Billing
billing-rcm-insurance
Waystar
billing-rcm-insurance
Founded
Unknown
Unknown
Founded
TheraNest Billing
Unknown
Waystar
Unknown
Best For
Mental health practices wanting flexible billing options; Small to mid-size therapy practices seeking affordable plans; Group practices needing client-based pricing model
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
TheraNest Billing
Mental health practices wanting flexible billing options; Small to mid-size therapy practices seeking affordable plans; Group practices needing client-based pricing model
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
TheraNest Billing
Contact for pricing
Waystar
Custom quote required
Pricing Model
Flat monthly
enterprise-custom
Pricing Model
TheraNest Billing
Flat monthly
Waystar
enterprise-custom
Free Trial
No free trial
No free trial
Free Trial
TheraNest Billing
No free trial
Waystar
No free trial
Pricing Details
Client-based pricing from $39-$91/month. Self-service billing included. Managed Billing available at 5-7% of collections.
Custom enterprise pricing based on claim volume and modules selected. Typical range $200-800/month for small practices, higher for large organizations.
Pricing Details
TheraNest Billing
Client-based pricing from $39-$91/month. Self-service billing included. Managed Billing available at 5-7% of collections.
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
TheraNest Billing
Yes
Waystar
Yes
BAA Available
Yes
Yes
BAA Available
TheraNest Billing
Yes
Waystar
Yes
SOC 2 Certified
Yes
Yes
SOC 2 Certified
TheraNest Billing
Yes
Waystar
Yes
HITRUST Certified
No
Yes
HITRUST Certified
TheraNest Billing
No
Waystar
Yes

Features

Mobile App
Yes
Yes
Mobile App
TheraNest Billing
Yes
Waystar
Yes
Mental Health Specific
Yes
No
Mental Health Specific
TheraNest Billing
Yes
Waystar
No

Integrations

Total Integrations
3 integrations
8 integrations
Total Integrations
TheraNest Billing
3 integrations
Waystar
8 integrations
Clearinghouse
None
None
Clearinghouse
TheraNest Billing
None
Waystar
None

Billing Features

Claims Submission
No
Yes
Claims Submission
TheraNest Billing
No
Waystar
Yes
Eligibility Verification
No
Yes
Eligibility Verification
TheraNest Billing
No
Waystar
Yes
ERA Processing
No
Yes
ERA Processing
TheraNest Billing
No
Waystar
Yes

Support & Fit

Practice Sizes
Solo, Small (2-10), Medium (11-50)
Medium (11-50), Large (51-200), Enterprise (200+)
Practice Sizes
TheraNest Billing
Solo, Small (2-10), Medium (11-50)
Waystar
Medium (11-50), Large (51-200), Enterprise (200+)
Customer Base
Unknown
Unknown
Customer Base
TheraNest Billing
Unknown
Waystar
Unknown

Ready to Get Started?

Visit these tools to learn more or request a personalized demo.

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TheraNest Billing
Waystar