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TheraBill vs Waystar Comparison

Last updated:

TheraBill

4.1(12 reviews)

Starting at $149 /Month

  • Medium Business
  • Small Business

TheraBill is the perfect billing software solution for mental health professionals. Our cloud-based system is easy to use and offers therapists an all-in-one, affordable solution for billing, scheduling, and documentatio…

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.

TheraBill vs Waystar — at a glance

FeatureTheraBillWaystar
Rating4.1 / 54.6 / 5
Reviews1272
Starting price$149 /MonthContact for pricing
Free trial No No
Free version No No
Best forMedium Business, Small BusinessLarge Enterprises, Small Business, Medium Business
CategoryMedical Billing SoftwareBilling and Invoicing Software
PlatformsSaaS/Web/CloudBrowser Based (Cloud)
APIAvailable
Support modesOnlineOnline
CertificationsHIPAASOC 2, HIPAA, GDPR
Data residencyUSUS

Key differences between TheraBill and Waystar

  • Pricing: TheraBill starts at $149 /Month. Waystar pricing is not publicly listed.
  • Target audience: TheraBill is built for Medium Business and Small Business, while Waystar targets Large Enterprises and Small Business.
  • User satisfaction: Waystar scores higher with a 4.6-star average.
  • Deployment: TheraBill supports SaaS/Web/Cloud; Waystar supports Browser Based (Cloud).

TheraBill 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.

TheraBill - New SaaS Software
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Waystar
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TheraBill vs Waystar: Biggest differences

Start here before you go deeper into features.

TheraBill

Best for

Medium Business, Small Business

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.

TheraBill typically suits Medium Business and Small Business. Waystar tends to fit Large Enterprises and Small Business better. The right choice depends on your team size, workflow, and whether a free trial matters.

Description

TheraBill is the perfect billing software solution for mental health professionals. Our cloud-based system is easy to use and offers therapists an all-in-one, affordable solution for ... Read More about TheraBill

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

Entry Level Pricing

  • Starts from $149
  • Not Available

Free Trial Availability

  • No free trial
  • No free trial

User Ratings

Based on verified Spotsaas reviews

4.08

(12)

4.6

(72)

Best Company Size

Medium BusinessLarge Enterprises
Get pricing help
Get pricing help

Software Demo

Demo

No software demo available

Waystar has not given any software demo yet

If you're the owner of this profile, add your demo.Contact us

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Share your priorities, budget, and team needs, and we’ll help you narrow the options and understand the tradeoffs before you talk to vendors.

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How do TheraBill and Waystar Compare on Features?

Total Features

10 Features

6 Features

Unique Features

No unique features

No unique features

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Compare TheraBill 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

      Starting From

      • $149
      • Not Available

      Pricing Plans

      • Not Available
      • Not Available

      Pricing Page

      TheraBill pricing
      Waystar pricing

      TheraBill vs Waystar: 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

      TheraBill vs Waystar 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
      ✓ Yes

      Audit Logs

      ✓ Yes

      Data Residency

      🇺🇸 US
      🇺🇸 US

      TheraBill User Reviews & Rating Comparison

      User Ratings

      4.6

      (based on 72 reviews)

      Rating Distribution

      5

      6

      0

      1

      3

      0

      0

      0

      0

      0

      Spotsaas Editor’s POV generated by AI

      Buyer sentiment

      Buyer sentiment is positive across 15 reviews, with strong overall satisfaction.

      What buyers like

      • All-in-one billing solution
      • Easy scheduling
      • Cloud-based access

      Common complaints

      • Limited customization options
      • May not support all specialties
      • Can be costly for small practices

      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

      • Comprehensive billing and scheduling features streamline operations.

      • User-friendly interface enhances usability for therapists.

      • Cloud-based access allows flexibility in documentation.

      • Limited customization may not fit all practices.

      • Costs can be high for smaller clinics.

      • 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

      Negative Reviews

      No reviews available for the product

      No reviews available for the product

      Used TheraBill or Waystar? Tell buyers what actually differs.

      TheraBill and Waystar Customers

      Customers

      No Customers information available.

      East Tennesse Children's Hospital

      East Tennesse Children's Hospital

      UCHealth

      UCHealth

      UL Hospital

      UL Hospital

      Media and Screenshots

      Videos

      video-0

      2 Videos

      No videos available.

      Top Alternatives to TheraBill 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, TheraBill or Waystar?
      Waystar edges out the other on user ratings (4.6 vs 4.1). That said, the best pick depends on your use case — use the comparison tables above to evaluate each dimension.
      Do TheraBill and Waystar offer a free trial?
      Neither TheraBill nor Waystar currently lists a free trial.
      What is the starting price of TheraBill vs Waystar?
      TheraBill starts at $149 /Month. Waystar starts at Contact for pricing.
      What are the top alternatives to TheraBill?
      Top alternatives to TheraBill include RXNT Practice Management, TherapyAppointment, In Touch EMR, TherapySync, WebABA Professional.
      What are the top alternatives to Waystar?
      Top alternatives to Waystar include BillQuick, BillingPlatform, Neon Soft, Gotransverse, Invoicey.