PARO Decision Support

PARO Decision Support is a healthcare analytics and decision-support company focused on automated charity care and financial assistance screening for hospitals and health systems. Its core product uses predictive analytics and public-record socioeconomic data to help providers identify patients who may qualify for free or discounted care under a hospital's financial assistance policy, improve compliance, and reduce bad debt. The company is not a drug developer; it operates in healthcare revenue cycle technology rather than biotech or pharma therapeutics. PARO was acquired by Waystar in June 2019, and its presumptive charity capabilities were integrated into Waystar's broader revenue cycle management platform. The business appears to continue to exist as a branded solution within the healthcare financial assistance workflow market.