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CMS-1500 Software vs Waystar Comparison

Last updated:

CMS-1500 Software

3.8(5 reviews)

Starting at Contact for pricing

  • Healthcare Providers
  • Health Systems

CMS-1500 Software is a health insurance claim filing tool for independent medical practices, billing services, and solo practitioners who need to submit HCFA-1500 forms electronically or on paper. It automates form compl…

Waystar

4.6(72 reviews)

Starting at Contact for pricing

  • Large Enterprises
  • Small Business

Introducing Waystar, the cutting-edge Revenue Cycle Technology Platform for the healthcare industry. With a focus on transforming healthcare payments, Waystar offers a comprehensive suite of tools to revolutionize the re…

Waystar leads on user satisfaction with a 4.6-star rating across 72 reviews.

CMS-1500 Software vs Waystar — at a glance

FeatureCMS-1500 SoftwareWaystar
Rating3.8 / 54.6 / 5
Reviews572
Starting priceContact for pricingContact for pricing
Free trial No No
Free version No No
Best forHealthcare Providers, Health Systems, HospitalsLarge Enterprises, Small Business, Medium Business
CategoryMedical Billing SoftwareBilling and Invoicing Software
PlatformsBrowser Based (Cloud)
APIAvailable
Support modesOnline
CertificationsHIPAASOC 2, HIPAA, GDPR
Data residencyUSUS

Key differences between CMS-1500 Software and Waystar

  • Target audience: CMS-1500 Software is built for Healthcare Providers and Health Systems, while Waystar targets Large Enterprises and Small Business.
  • User satisfaction: Waystar scores higher with a 4.6-star average.

CMS-1500 Software vs Waystar — find the better fit before you commit.

01

Which tool fits your team best

02

Which is actually cheaper for your team size

03

Where each product wins, per real buyers

Most Medical Billing Software tools look identical on paper. This comparison cuts to the differences that matter — pricing structure, team fit, and what real buyers found after signing up.

CMS-1500 Software - Medical Billing Software
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Waystar
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Free PDF comparison

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  • Side-by-side on pricing, features & ratings
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Biggest differences

Start here before you go deeper into features.

CMS-1500 Software

Best for small to mid-sized clinics needing accurate, secure CMS-1500 claim filing.

Choose if
  • You require both electronic and paper CMS-1500 claim submission options.
  • Your team values streamlined, accurate, and secure health insurance claim processing.
  • You operate a small to mid-sized medical billing office or clinic with simple workflows.
Consider alternatives if
  • You are a large hospital system needing enterprise-level integration and customization.
  • You need transparent pricing and extensive feature details before committing.

Waystar

Best for automating and streamlining healthcare revenue cycle management.

Choose if
  • You are a medium or large healthcare provider needing comprehensive claim automation.
  • Your team includes revenue cycle managers or billing specialists seeking efficiency gains.
  • You require flexible, configurable workflows tailored to complex healthcare payment processes.
Consider alternatives if
  • You operate a very small practice without dedicated billing staff or resources.
  • You need transparent, upfront pricing or simple onboarding without extensive training.

CMS-1500 Software: Best for small to mid-sized clinics needing accurate, secure CMS-1500 claim filing. Waystar: Best for automating and streamlining healthcare revenue cycle management.

Description

CMS-1500 Software is a health insurance claim filing tool for independent medical practices, billing services, and solo practitioners who need to submit HCFA-1500 forms electronically or on ... Read More about CMS-1500 Software

Introducing Waystar, the cutting-edge Revenue Cycle Technology Platform for the healthcare industry. With a focus on transforming healthcare payments, Waystar offers a comprehensive suite ... Read More about Waystar

Free Trial Availability

  • No free trial
  • No free trial

User Ratings

Based on verified Spotsaas reviews

3.8

(5)

4.6

(72)

Best Company Size

1-50 employees51-200 employees
Medium BusinessLarge Enterprises
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How do CMS-1500 Software and Waystar Compare on Features?

Total Features

1 Features

6 Features

Unique Features

No unique features

No unique features

Get Quote
Get Quote

Compare CMS-1500 Software and Waystar on pricing

Review starting price, plan structure, and free-trial access side by side so you can see which option fits your budget and buying process.

Pricing Option

      Pricing Plans

      • Not Available
      • Not Available

      Pricing Page

      Pricing information not available

      Waystar pricing

      Other Details

      Organization Types supported

      • Freelancers
      • Medium Business
      • Small Business
      • Large Enterprises
      • Individuals
      • Freelancers
      • Medium Business
      • Small Business
      • Large Enterprises
      • Individuals

      Platforms Supported

      • Browser Based (Cloud)
      • Mobile - Android
      • Mobile - iOS
      • Installed - Windows
      • Installed - Mac
      • Browser Based (Cloud)
      • Browser Based (Cloud)
      • Mobile - Android
      • Mobile - iOS
      • Installed - Windows
      • Installed - Mac
      • Browser Based (Cloud)

      Modes of support

      • 24/7 (Live rep)
      • Business Hours
      • Online
      • 24/7 (Live rep)
      • Business Hours
      • Online

      API Support

      • Not Available
      • Available
      Get help choosing
      Get help choosing

      Security & Compliance

      Certifications, data handling, and security controls for IT and compliance evaluators.

      SOC 2

      ✓ Yes

      HIPAA

      ✓ Yes
      ✓ Yes

      GDPR

      ✓ Yes

      Single Sign-On (SSO)

      ✓ Yes

      Multi-Factor Auth (MFA)

      ✓ Yes

      Data Encryption

      ✓ Yes

      Audit Logs

      ✓ Yes

      Data Residency

      🇺🇸 US
      🇺🇸 US

      CMS-1500 Software User Reviews & Rating Comparison

      User Ratings

      4.6

      (based on 72 reviews)

      Rating Distribution

      2

      1

      2

      0

      0

      0

      0

      0

      0

      0

      Spotsaas Editor’s POV generated by AI

      Buyer sentiment

      Moderate user satisfaction with appreciation for claim filing speed and accuracy but limited feedback overall.

      What buyers like

      • Claim filing speed
      • Accuracy improvements
      • Security in handling claims

      Common complaints

      • Lack of pricing clarity
      • Limited user reviews and feedback

      Buyer sentiment

      Buyers generally express positive sentiment about Waystar’s ability to automate and streamline healthcare revenue cycle processes, though pricing transparency and onboarding complexity are noted concerns.

      What buyers like

      • Automation of claims processing
      • Operational efficiency improvements
      • Streamlined payment workflows

      Common complaints

      • Lack of pricing transparency
      • Complexity of setup and training

      Pros and Cons

      • Quick and confident electronic or paper claim filing

      • Increased accuracy in claim submissions

      • Secure handling of health insurance claims

      • Limited pricing transparency with no clear starting price

      • Lack of detailed feature or integration information

      • Comprehensive claim management automation

      • Improves operational efficiency in revenue cycle

      • Streamlines healthcare payment processes

      • Pricing is quotation based and not publicly available

      • May require training for effective use

      Positive Reviews

      No reviews available for the product

      No reviews available for the product

      Used CMS-1500 Software or Waystar? Tell buyers what actually differs.

      List of Customers

      Customers

      No Customers information available.

      East Tennesse Children's Hospital

      East Tennesse Children's Hospital

      UCHealth

      UCHealth

      UL Hospital

      UL Hospital

      Top Alternatives to CMS-1500 Software and Waystar in 2026

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      Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].

      Frequently asked questions

      Which is better, CMS-1500 Software or Waystar?
      Waystar edges out the other on user ratings (4.6 vs 3.8). That said, the best pick depends on your use case — use the comparison tables above to evaluate each dimension.
      Do CMS-1500 Software and Waystar offer a free trial?
      Neither CMS-1500 Software nor Waystar currently lists a free trial.
      What is the starting price of CMS-1500 Software vs Waystar?
      CMS-1500 Software starts at Contact for pricing. Waystar starts at Contact for pricing.
      What are the top alternatives to CMS-1500 Software?
      Top alternatives to CMS-1500 Software include RXNT Practice Management, In Touch EMR, InstaMed, expEDlum Medical Billing Software, EZ Claim.
      What are the top alternatives to Waystar?
      Top alternatives to Waystar include BillQuick, BillingPlatform, Neon Soft, Gotransverse, Invoicey.