Becker's Healthcare July 24, 2025
Waystar has signed a definitive agreement to acquire AI-powered revenue cycle management company Iodine Software.
The proposed $1.25 billion deal will be funded with a 50/50 mix of cash and stock consideration, according to a July 23 Waystar news release. The acquisition is expected to close by the end of 2025, subject to customary closing conditions and regulatory approvals.
By acquiring Iodine, Waystar said it will be “better positioned to help decrease the estimated $440 billion in annual...
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