Fitch expects Waystar to be ‘one of the more meaningful’ RCM providers
Becker's Healthcare June 20, 2024
Fitch raised revenue cycle management company Waystar’s rating to “BB-” from “B.”
The ratings agency said in a June 13 report that the upgrade reflects its expectations for decreased leverage following the completion of Waystar’s IPO and that the company has used the proceeds to pre-pay a portion of the term loan.
Fitch also noted...