Recondo Technology, now part of Waystar
IT Services and IT ConsultingColorado, United States51-200 Employees
Recondo Technology, now part of Waystar, emerged from a collaboration of Goldman Sachs veterans who saw automation as a path to improve healthcare financing. It develops automation-enabled revenue cycle solutions intended to speed payments, reduce denials, and lower costs for healthcare providers, supporting the financial sustainability of care delivery. Based in Denver, Colorado, the firm operates in IT services and IT consulting and handles a significant volume of transactions annually, underscoring its scale despite a smaller organizational footprint. In 2019, Waystar announced the acquisition of Recondo Technology, signaling its integration into a broader revenue cycle platform. The company has introduced tools designed to integrate with Epic's electronic health record to support eligibility, authorization, and payer communications at the point of service. It has also earned industry recognition, including a Best in KLAS honor for patient access software in 2018.