Alma Provider Platform:Purpose-built for mental health
Overview
Tool Name
Waystar Claims Management
Alma Provider Platform
Tool Name
Waystar Claims Management
Waystar Claims Management
Alma Provider Platform
Alma Provider Platform
What It Is
Enterprise claims management module with AI-powered scrubbing, real-time status tracking, and automated denial workflows processing $3T+ annually.
$125/mo platform with AI notes, EHR, and weekly pay. Hit by 2024 Optum cuts (up to 30%) and 2026 Aetna cuts. Acquired by Spring Health.
What It Is
Waystar Claims Management
Enterprise claims management module with AI-powered scrubbing, real-time status tracking, and automated denial workflows processing $3T+ annually.
Alma Provider Platform
$125/mo platform with AI notes, EHR, and weekly pay. Hit by 2024 Optum cuts (up to 30%) and 2026 Aetna cuts. Acquired by Spring Health.
Primary Category
billing-rcm-insurance
provider-network-virtual-care
Primary Category
Waystar Claims Management
billing-rcm-insurance
Alma Provider Platform
provider-network-virtual-care
Founded
Unknown
Unknown
Founded
Waystar Claims Management
Unknown
Alma Provider Platform
Unknown
Best For
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
Independent therapists wanting premium reimbursement rates; Providers seeking an all-in-one platform (credentialing + EHR + AI notes); Clinicians valuing community features (peer consultation, CE)
Best For
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
Alma Provider Platform
Independent therapists wanting premium reimbursement rates; Providers seeking an all-in-one platform (credentialing + EHR + AI notes); Clinicians valuing community features (peer consultation, CE)
Pricing
Starting Price
Custom quote required
$95/month (annual)
Starting Price
Waystar Claims Management
Custom quote required
Alma Provider Platform
$95/month (annual)
Pricing Model
enterprise-custom
Per provider/month
Pricing Model
Waystar Claims Management
enterprise-custom
Alma Provider Platform
Per provider/month
Free Trial
No free trial
No free trial
Free Trial
Waystar Claims Management
No free trial
Alma Provider Platform
No free trial
Pricing Details
Enterprise pricing based on claim volume and modules. Typically $200-800/month for smaller practices, custom pricing for large organizations.
No free trial. Alma often negotiates $10-30 higher per-session reimbursement than solo credentialing. At 20 sessions/week, even a $10 rate improvement generates $800/month in additional revenue—more than covering membership. $500 referral bonus for each provider referred.
Pricing Details
Waystar Claims Management
Enterprise pricing based on claim volume and modules. Typically $200-800/month for smaller practices, custom pricing for large organizations.
Alma Provider Platform
No free trial. Alma often negotiates $10-30 higher per-session reimbursement than solo credentialing. At 20 sessions/week, even a $10 rate improvement generates $800/month in additional revenue—more than covering membership. $500 referral bonus for each provider referred.
Compliance & Security
HIPAA Compliant
Yes
Yes
HIPAA Compliant
Waystar Claims Management
Yes
Alma Provider Platform
Yes
BAA Available
Yes
Yes
BAA Available
Waystar Claims Management
Yes
Alma Provider Platform
Yes
SOC 2 Certified
Yes
Unknown
SOC 2 Certified
Waystar Claims Management
Yes
Alma Provider Platform
Unknown
HITRUST Certified
Yes
Unknown
HITRUST Certified
Waystar Claims Management
Yes
Alma Provider Platform
Unknown
Features
Mobile App
Yes
Yes
Mobile App
Waystar Claims Management
Yes
Alma Provider Platform
Yes
Mental Health Specific
No
Yes
Mental Health Specific
Waystar Claims Management
No
Alma Provider Platform
Yes
Integrations
Total Integrations
7 integrations
6 integrations
Total Integrations
Waystar Claims Management
7 integrations
Alma Provider Platform
6 integrations
Clearinghouse
None
Aetna, Cigna, UnitedHealthcare, Oscar, Oxford
Clearinghouse
Waystar Claims Management
None
Alma Provider Platform
Aetna, Cigna, UnitedHealthcare, Oscar, Oxford
Billing Features
Claims Submission
No
No
Claims Submission
Waystar Claims Management
No
Alma Provider Platform
No
Eligibility Verification
No
No
Eligibility Verification
Waystar Claims Management
No
Alma Provider Platform
No
ERA Processing
No
No
ERA Processing
Waystar Claims Management
No
Alma Provider Platform
No
Support & Fit
Practice Sizes
Medium (11-50), Large (51-200), Enterprise (200+)
Solo, Small (2-10)
Practice Sizes
Waystar Claims Management
Medium (11-50), Large (51-200), Enterprise (200+)
Alma Provider Platform
Solo, Small (2-10)
Customer Base
Unknown
Unknown
Customer Base
Waystar Claims Management
Unknown
Alma Provider Platform
Unknown
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