Alma Provider Platform:Purpose-built for mental health
Overview
Tool Name
Waystar Eligibility
Alma Provider Platform
Tool Name
Waystar Eligibility
Waystar Eligibility
Alma Provider Platform
Alma Provider Platform
What It Is
AI-powered real-time eligibility verification processing 90M+ transactions monthly across commercial, Medicare, and Medicaid payers.
$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 Eligibility
AI-powered real-time eligibility verification processing 90M+ transactions monthly across commercial, Medicare, and Medicaid payers.
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 Eligibility
billing-rcm-insurance
Alma Provider Platform
provider-network-virtual-care
Founded
Unknown
Unknown
Founded
Waystar Eligibility
Unknown
Alma Provider Platform
Unknown
Best For
Health systems needing comprehensive eligibility verification; Multi-site organizations with high claim volume; Practices wanting to reduce front-desk manual lookups
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 Eligibility
Health systems needing comprehensive eligibility verification; Multi-site organizations with high claim volume; Practices wanting to reduce front-desk manual lookups
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 Eligibility
Custom quote required
Alma Provider Platform
$95/month (annual)
Pricing Model
enterprise-custom
Per provider/month
Pricing Model
Waystar Eligibility
enterprise-custom
Alma Provider Platform
Per provider/month
Free Trial
No free trial
No free trial
Free Trial
Waystar Eligibility
No free trial
Alma Provider Platform
No free trial
Pricing Details
No public pricing. Small practices typically pay $100-300/provider/month. Mid-sized organizations report $2,000-5,000+/month with annual contracts starting near $11,000. Implementation costs $2,000-10,000+. Premium integrations may add $1,000-7,500+.
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 Eligibility
No public pricing. Small practices typically pay $100-300/provider/month. Mid-sized organizations report $2,000-5,000+/month with annual contracts starting near $11,000. Implementation costs $2,000-10,000+. Premium integrations may add $1,000-7,500+.
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 Eligibility
Yes
Alma Provider Platform
Yes
BAA Available
Yes
Yes
BAA Available
Waystar Eligibility
Yes
Alma Provider Platform
Yes
SOC 2 Certified
Yes
Unknown
SOC 2 Certified
Waystar Eligibility
Yes
Alma Provider Platform
Unknown
HITRUST Certified
Yes
Unknown
HITRUST Certified
Waystar Eligibility
Yes
Alma Provider Platform
Unknown
Features
Mobile App
No
Yes
Mobile App
Waystar Eligibility
No
Alma Provider Platform
Yes
Mental Health Specific
No
Yes
Mental Health Specific
Waystar Eligibility
No
Alma Provider Platform
Yes
Integrations
Total Integrations
6 integrations
6 integrations
Total Integrations
Waystar Eligibility
6 integrations
Alma Provider Platform
6 integrations
Clearinghouse
None
Aetna, Cigna, UnitedHealthcare, Oscar, Oxford
Clearinghouse
Waystar Eligibility
None
Alma Provider Platform
Aetna, Cigna, UnitedHealthcare, Oscar, Oxford
Billing Features
Claims Submission
No
No
Claims Submission
Waystar Eligibility
No
Alma Provider Platform
No
Eligibility Verification
Yes
No
Eligibility Verification
Waystar Eligibility
Yes
Alma Provider Platform
No
ERA Processing
Yes
No
ERA Processing
Waystar Eligibility
Yes
Alma Provider Platform
No
Support & Fit
Practice Sizes
Medium (11-50), Large (51-200), Enterprise (200+)
Solo, Small (2-10)
Practice Sizes
Waystar Eligibility
Medium (11-50), Large (51-200), Enterprise (200+)
Alma Provider Platform
Solo, Small (2-10)
Customer Base
Unknown
Unknown
Customer Base
Waystar Eligibility
Unknown
Alma Provider Platform
Unknown
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