Recondo Technology, Now Part Of Waystar

United States · Information Technology & Services

Recondo Technology, now part of Waystar, specializes in revenue cycle automation solutions for healthcare providers. Founded in 2007, the company leverages robotic process automation (RPA), artificial intelligence (AI), and machine learning to streamline complex administrative processes. This technology helps healthcare organizations receive payments more efficiently and at a lower cost. Recondo offers a range of services, including patient access technology, business office automation, and revenue cycle automation. These solutions enhance processes like insurance eligibility verification, prior authorization, and claim status checks. With a client base of over 170 healthcare providers, including more than 900 hospitals, Recondo's technology supports interactions with approximately 900 payers and automates millions of healthcare encounters annually. The company is recognized for its impact on reducing administrative waste in the U.S. healthcare system, improving operational efficiency, and enhancing the financial experience for patients.