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SPECIFICTION
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R1 Phare vs Waystar

R1 Phare

r1rcm.com

Waystar

waystar.com

Side by side

FigureR1 PhareWaystar
Price from——
Free plan——
Free trial——
Open source——
Web—Yes
Plans published14
Spec score · Healthcare software7.3 (#8)6.4 (#13)
Spec score · Medical Billing Software7.3 (#14)6.4 (#26)
Spec score · Revenue Cycle Management Software7.3 (#15)6.4 (#22)
HeadquartersMurray, Utah, United StatesLouisville, Kentucky, United States
Intended customersR1 presents Phare OS for healthcare providers and describes partnerships with health systems, hospitals, and physician groups.Waystar describes serving health systems and hospitals, physician and specialty practices, and third-party billing services.
PurposePhare OS is a revenue operating system that connects intelligence, automation, and real-time visibility across the healthcare revenue cycle.Waystar provides healthcare payments software designed to simplify providers’ revenue cycle management and support their financial performance.
SecurityR1 describes Phare OS as a secure, governed platform; Revy operates within R1’s security, privacy, and HIPAA-aligned controls.Waystar says its protocols protect personal, financial, and healthcare data beyond HIPAA and PCI compliance requirements.
SupportR1 directs prospective organizations to contact it for a meeting or personalized demo.Waystar says its support team is available 24 hours a day, 7 days a week.

Plans

R1 Phare

  • Phare OSPriced on request

R1 Phare pricing →

Waystar

  • Claim Management CorePriced on request
  • Claim Management PerformancePriced on request
  • Claim Management PremiumPriced on request
  • Claim Management StarterPriced on request

Waystar pricing →

In their own words

R1 Phare

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Waystar

Waystar has no write-up on Specifiction yet; its figures are above.

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