Full-Time

Senior Data Scientist

Updated on 2/19/2025

Waystar

Waystar

501-1,000 employees

Healthcare payment technology and financial solutions

Enterprise Software
Financial Services
Healthcare

Senior

Atlanta, GA, USA

Category
Data Science
Data & Analytics
Required Skills
Data Science
Machine Learning

You match the following Waystar's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor’s degree in mathematics, Statistics, Data Science, Computer Science or other relevant area is required.
  • 5+ years of Data Scientist experience in teams that work directly with core product enablement
  • Deep familiarity with various statistical and machine learning techniques, including: classification, regression, dimension reduction, clustering, and various multivariate methods
  • Proven experience mentoring junior data scientists in technical, process and real-world aspects of applying of machine learning to real problems
  • Familiarity with approaches to estimate performance of machine learning models
  • Familiarity working in, or implementing, automated MLOps platforms
  • Familiarity with attribute generation and utilizing reusable attribute stores
Responsibilities
  • Works closely with the Data Science team and other stakeholders to design, experiment, and deploy predictive and data driven models and strategies that drive value within the Waystar product platform.
  • Works with Product and Data Engineering teams to gather, understand and process data utilized within our product platforms and from outside sources.
  • Apply Machine Learning to real-world Healthcare problems that provide material opportunity to improve healthcare revenue cycle outcomes.
  • Apply proven standardized processes to define, develop, deploy, monitor and maintain models and strategies within the organization
  • Translate and communicate Machine Learning to the organization that addresses business metrics and outcomes
  • Manage workload and expectations with minimal direct oversight
  • Provide process and skill development leadership to other team members
  • Work collaboratively with Data Science team that allows for the entire team to increase quality and quantity of team output
  • Organize, plan and execute on large multi-model and multi-month projects
Desired Qualifications
  • Advanced degree in a STEM area or Business field preferred
  • Knowledge of Healthcare Revenue Cycle Operations and Data Flows preferred, specifically claims, payer payments, and patient interactions
  • Snowflake / Snowpark experience

Waystar simplifies healthcare payments through its cloud-based platform, which helps healthcare providers manage their financial workflows more efficiently. The platform integrates with major health information systems (HIS) and practice management systems, allowing over 450,000 providers, 750 health systems, and 5,000 health plans to streamline their payment processes. Unlike many competitors, Waystar focuses on enhancing transparency in the patient financial experience, making it easier for patients to understand their costs. The company's goal is to improve the financial operations of healthcare providers while ensuring a clearer financial experience for patients.

Company Size

501-1,000

Company Stage

IPO

Total Funding

$57.5M

Headquarters

Louisville, Kentucky

Founded

2000

Simplify Jobs

Simplify's Take

What believers are saying

  • Waystar's revenue grew 19% year-over-year, showcasing strong financial performance.
  • The launch of AltitudeAI addresses the $20 billion annual cost of denied claims.
  • Waystar's public offering increases its visibility and potential for capital growth.

What critics are saying

  • Increased competition from emerging AI-powered solutions could erode market share.
  • Regulatory changes may impact the use of AI tools like AltitudeCreate.
  • Amended credit facilities increase financial leverage, posing potential risks.

What makes Waystar unique

  • Waystar's AI-powered AltitudeAI improves claim accuracy and reduces administrative burden.
  • Waystar consistently ranks #1 in multiple categories by Black Book Market Research.
  • The platform integrates with all major HIS and practice management systems.

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Benefits

401(k) matching: We’re proud to help our team members build their financial futures with a range of investment options available.

Career mobility: We’re all about professional growth. In 2018, roughly 15% of our team members stepped into a new role within the company.

Waystar welcome: Our weeklong onboarding program positions introduces our company and leadership team and positions every new hire for success.

Family friendly: Waystar offers paid leave for maternity, paternity and adoption and prioritizes work-life balance for all team members.

Company News

PR Newswire
Feb 18th, 2025
Waystar Announces Proposed Public Offering Of Common Stock

LEHI, Utah, and LOUISVILLE, Ky., Feb. 18, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, a provider of leading healthcare payments software, today announced a proposed underwritten public offering of 18,000,000 shares of its common stock being offered by certain investment funds of EQT AB, Canada Pension Plan Investment Board, Bain Capital, LP, and their respective affiliates (collectively, the "Selling Stockholders"). Additionally, the Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to 2,700,000 additional shares of common stock. Waystar will not receive any proceeds from the sale of shares in the offering by the Selling Stockholders.The offering is being made through an underwriting group led by J.P. Morgan, Goldman Sachs & Co

PR Newswire
Feb 18th, 2025
Waystar Reports Fourth Quarter And Fiscal Year 2024 Results

Fiscal year 2024 revenue of $944M, up 19% YoY. Q4 revenue growth of 18% year-over-year. Q4 net income of $19.1 million and non-GAAP net income of $52.1 million

PR Newswire
Feb 13th, 2025
Waystar Recognized As The Industry'S Leading Ai-Powered Software Platform

Black Book Market Research™ survey of more than a thousand healthcare leaders ranked Waystar #1 in eight categories, more than any other RCM vendorLEHI, Utah and LOUISVILLE, Ky., Feb. 13, 2025 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today announced that it was named by Black Book Market Research™ as the industry's leading AI-powered software platform. Waystar earned #1 rankings in eight key categories, including claim accuracy, operational efficiency, reduction in administrative burden, and patient engagement. The independent survey assessed AI-powered revenue cycle management solutions from 80 vendors, gathering insights from more than 1,300 healthcare executives and technology decision-makers.Waystar ranked as the #1 healthcare payments solution in eight out of 18 AI categories — more than any other vendor, none of which secured more than one top ranking. As Black Book™ highlighted in its report, "Waystar showed dominant performance in claims submission, denial reduction, and reimbursement turnaround time, cementing its role as a leader in financial accuracy and efficiency.""We are grateful for the trust healthcare providers place in our AI-powered software platform, which has been central to our innovation strategy for nearly a decade," said Matt Hawkins, Chief Executive Officer of Waystar

Physicians Practice
Jan 16th, 2025
New AI aims to limit denied claims

Waystar announced the launch of Waystar AltitudeAI(TM), a comprehensive set of AI capabilities for providers, including AltitudeCreate(TM), a new generative AI innovation focused on appealing denied claims.

Hit Consultant
Jan 15th, 2025
Waystar Launches Altitudeai To Combat Claim Denials With Ai-Powered Automation

What You Should Know:–  Waystar (Nasdaq: WAY), a provider of leading healthcare payment software, today announced the launch of Waystar AltitudeAI™, a comprehensive set of AI capabilities for providers, including AltitudeCreate™, a new generative AI innovation focused on appealing denied claims.–  By autonomously generating appeal letters, Waystar aims to help providers recover a substantial portion of payments tied to more than 450 million annually denied claims, ultimately enabling faster and more accurate healthcare payments.Waystar: Revolutionizing Healthcare Payments with AI-Powered SolutionsWaystar’s mission-critical software is designed to simplify healthcare payments, enabling providers to prioritize patient care and optimize financial performance. Serving approximately 30,000 clients, including 16 of the top 20 institutions on the U.S. News Best Hospitals Honor Roll, Waystar represents over 1 million distinct providers. Its enterprise-grade platform processes more than 5 billion healthcare payment transactions annually, handling over $1.2 trillion in gross claims and impacting approximately 50% of U.S. patients.The U.S. healthcare system loses an estimated $350 billion annually to administrative waste, with hospitals and health systems spending $20 billion annually on denied claims—a growing challenge linked to reduced access to care and lower patient satisfaction