Cadara, formerly National Care Systems, has partnered with Waystar to launch Cadara Exchange, a tool for post-acute revenue management. The company announced the deal in New York on November 5, 2026. The tool links Cadara RLM, its cloud-based billing and revenue software, with Waystar's AI-powered revenue cycle platform. It aims to cut manual work and give post-acute providers a clearer view of claims, remittance posting, and payments in one workflow. Cadara cites Waystar Claim Manager's average first-pass clean claim rate of more than 98.5%, which helps spot issues before submission. "Post-acute organizations are being asked to improve financial performance while navigating increasing complexity and limited resources," said Marina Aslanyan, chief executive officer of Cadara. Cadara Exchange is available now to Cadara RLM customers.

Cadara partners with Waystar to advance connected payments for post-acute care. New Cadara Exchange(TM) solution connects Cadara RLM(TM) with Waystar's AI-powered revenue cycle platform to reduce administrative burden, improve productivity, and deliver greater visibility across the revenue lifecycle NEW YORK, Nov. 5, 2026 /PRNewswire/ - Cadara(TM), formerly National Care Systems, today announced a strategic partnership with Waystar and the availability of Cadara Exchange(TM), an integrated experience purpose-built for post-acute revenue management. The solution connects Cadara RLM(TM), Cadara's cloud-based billing and revenue management software, directly with Waystar's AI-powered revenue cycle platform, helping post-acute organizations eliminate workflow fragmentation that drains productivity, limits visibility, and delays revenue. Cadara Exchange(TM) connects Cadara RLM(TM) with Waystar to simplify claims, reduce manual work, and improve visibility. The partnership comes at a pivotal time for post-acute providers, as reimbursement pressure, payer complexity, documentation requirements, and administrative burden create new urgency for teams to reduce manual work and improve visibility across revenue workflows[1]. By embedding Waystar's AI-powered revenue cycle capabilities and payer connectivity into Cadara RLM, Cadara Exchange gives post-acute revenue teams a more connected way to manage claims validation, remittance posting, and payment workflows within their existing revenue management environment. "Post-acute organizations are being asked to improve financial performance while navigating increasing complexity and limited resources," said Marina Aslanyan, Chief Executive Officer of Cadara. "Our partnership with Waystar creates a more efficient revenue experience that gives teams better visibility, more time to focus on what matters, and greater confidence in managing revenue." Reducing Complexity Across the Revenue Lifecycle By connecting Cadara RLM with the Waystar platform, Cadara and Waystar help post-acute organizations: * Connect claims and payments in one workflow, eliminating manual logins, downloads, and portal-hopping. * Accelerate revenue, using Waystar Claim Manager's 98.5%+ average first-pass clean claim rate to help identify issues before submission and reduce avoidable rework. * Decrease costs, helping improve cash flow and reduce days in accounts receivable through automated monitoring of payment and reconciliation workflows. * Improve staff productivity, reducing manual claim work and enabling revenue teams to focus on high-value denial recovery. Connecting Cadara RLM with the Waystar Platform Waystar's AI-powered revenue cycle platform brings together advanced software, automation, data, and extensive payer connectivity to streamline revenue cycle workflows and help healthcare organizations get paid faster, more accurately, and more efficiently. "Post-acute providers need connected payments technology that keeps pace with the complexity of their revenue cycle," said Matt Hawkins, Chief Executive Officer of Waystar. "By connecting Cadara RLM with Waystar's platform, we're bringing proven scale, payer intelligence, and automation into post-acute workflows - helping revenue teams get paid faster, more accurately, and more efficiently, so they can focus on improving financial performance." Through Cadara Exchange, Waystar's capabilities become part of Cadara's broader Revenue Lifecycle Management strategy, bringing clearinghouse connectivity into a more integrated revenue experience. Alongside Cadara's expanding approach to EHR connectivity, AI automation, and strategic partnerships, this integration supports a vision of more connected, efficient revenue operations for post-acute care. Cadara Exchange is available now for Cadara RLM customers To learn more about Cadara Exchange and Cadara's approach to Revenue Lifecycle Management, visit cadara.com. About Cadara Cadara, formerly National Care Systems, is a healthcare technology company dedicated exclusively to post-acute care. Building on more than 30 years of experience serving the market, Cadara helps organizations simplify complex revenue operations through intelligent software, automation and expert guidance. Trusted by more than 1,700 organizations nationwide, Cadara empowers customers to improve operational efficiency, navigate change with confidence and achieve more predictable financial outcomes. About Waystar Waystar's mission-critical software is purpose-built to simplify healthcare payments so providers can prioritize patient care and optimize their financial performance. Waystar serves more than 30,000 clients, representing more than 1 million distinct providers, including 16 of 20 institutions on the U.S. News Best Hospitals list. Waystar's enterprise-grade platform annually processes more than 7.5 billion healthcare payment transactions, including more than $2.4 trillion in annual gross claims, and spans approximately 60% of U.S. patients and one in three U.S. hospital discharges. Waystar strives to transform healthcare payments so providers can focus on what matters most: their patients and communities. Discover the way forward at waystar.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the expected capabilities, benefits, and performance of the Cadara Exchange integration and the connection between Cadara RLM and Waystar's platform; expected improvements in claims validation, remittance posting, payment reconciliation, and revenue cycle efficiency for post-acute providers; anticipated reductions in manual effort, administrative burden, and workflow fragmentation; and the expected benefits of the strategic partnership between Cadara and Waystar. Forward-looking statements may be identified by words such as "anticipate," "believe," "expect," "may," "plan," "will," "designed to," "estimate," and the negative version of these words, or similar terms and phrases that are intended to identify forward-looking statements. These statements are based on current expectations and are subject to risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks include, but are not limited to, those risks described in Waystar's Annual Report on Form 10-K for the year ended December 31, 2025 and subsequent SEC filings. Actual results may differ materially. Except as required by law, Waystar undertakes no obligation to update forward-looking statements. Media Contact Mike Orzechowski Vice President of Marketing Cadara [email protected] [1] Sources: American Hospital Association, The Burden of Administrative Complexity; Becker's Healthcare, Post-acute care leaders share top challenges facing the sector. SOURCE CADARA