HeyPsych
Find SupportPractice ArchitectBrowseSearch

If you're in crisis, help is available 24/7

Call or text 988|More resources
HeyPsych

Better mental health starts with better decisions.

Learn about our clinical review process

Explore

  • Conditions
  • Treatments
  • Tools
  • Find Care

Resources

  • Learn
  • Assessments
  • Support & Crisis
  • For Clinicians

Company

  • About
  • Privacy
  • Terms
  • Contact

© 2026 HeyPsych. All rights reserved.

HeyPsych provides decision-support information. Not a substitute for professional medical advice.

Tools/Compare

Thrizer vs Waystar

Show:
Detail:
Attribute
Billing

Thrizer

Billing

Waystar

Thrizer
Waystar
Key Differencesat a glance
Thrizer:Offers a free tier
Thrizer:Purpose-built for mental health
Waystar:Includes AI-powered features
Waystar:More integrations (8)

Overview

Tool Name
Thrizer
Waystar
Tool Name
Thrizer
Thrizer
Waystar
Waystar
What It Is
Out-of-network billing platform that auto-submits claims and fronts reimbursements so clients pay only their copay.
Leading healthcare RCM platform combining Navicure, ZirMed, and Patientco, processing $3T+ in claims annually with AI-powered denial prevention.
What It Is
Thrizer
Out-of-network billing platform that auto-submits claims and fronts reimbursements so clients pay only their copay.
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
Thrizer
billing-rcm-insurance
Waystar
billing-rcm-insurance
Founded
Unknown
Unknown
Founded
Thrizer
Unknown
Waystar
Unknown
Best For
Out-of-network therapists wanting to simplify client reimbursement; Private-pay practices helping clients use OON benefits; Therapists who want to offer copay-like pricing without going in-network
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
Thrizer
Out-of-network therapists wanting to simplify client reimbursement; Private-pay practices helping clients use OON benefits; Therapists who want to offer copay-like pricing without going in-network
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
Free for therapists
Custom quote required
Starting Price
Thrizer
Free for therapists
Waystar
Custom quote required
Pricing Model
Per provider/month
enterprise-custom
Pricing Model
Thrizer
Per provider/month
Waystar
enterprise-custom
Free Trial
Free tier available
No free trial
Free Trial
Thrizer
Free tier available
Waystar
No free trial
Pricing Details
No monthly fees. Therapists pay only 3% processing. Client fees charged only upon receiving reimbursement. Pre-deductible claim tracking is free. Therapist can optionally absorb client fees.
Custom enterprise pricing based on claim volume and modules selected. Typical range $200-800/month for small practices, higher for large organizations.
Pricing Details
Thrizer
No monthly fees. Therapists pay only 3% processing. Client fees charged only upon receiving reimbursement. Pre-deductible claim tracking is free. Therapist can optionally absorb client fees.
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
Thrizer
Yes
Waystar
Yes
BAA Available
Yes
Yes
BAA Available
Thrizer
Yes
Waystar
Yes
SOC 2 Certified
Unknown
Yes
SOC 2 Certified
Thrizer
Unknown
Waystar
Yes
HITRUST Certified
Unknown
Yes
HITRUST Certified
Thrizer
Unknown
Waystar
Yes

Features

Mobile App
No
Yes
Mobile App
Thrizer
No
Waystar
Yes
Mental Health Specific
Yes
No
Mental Health Specific
Thrizer
Yes
Waystar
No

Integrations

Total Integrations
None listed
8 integrations
Total Integrations
Thrizer
None listed
Waystar
8 integrations
Clearinghouse
None
None
Clearinghouse
Thrizer
None
Waystar
None

Billing Features

Claims Submission
Yes
Yes
Claims Submission
Thrizer
Yes
Waystar
Yes
Eligibility Verification
No
Yes
Eligibility Verification
Thrizer
No
Waystar
Yes
ERA Processing
Yes
Yes
ERA Processing
Thrizer
Yes
Waystar
Yes

Support & Fit

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

Ready to Get Started?

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

Try Thrizer
Try Waystar
Browse all tools
Thrizer
Waystar