HIT Consultant July 25, 2025
Fred Pennic

What You Should Know:

Waystar, a provider of healthcare payment software announced a definitive agreement to acquire 100% of Iodine Software (“Iodine”) for $1.25B.

– The proposed acquisition is expected to significantly accelerate Waystar’s ability to transform healthcare payments through its leading cloud-based software platform, empowering more than one million providers with advanced AI capabilities to prevent denials, reduce manual work, and improve financial performance.

– Waystar expects the acquisition of Iodine to be immediately accretive to gross margin and adjusted EBITDA margin, and accretive to revenue growth and non-GAAP net income per diluted share in 2027.

Addressing Billions in Lost Revenue

Iodine Software is trusted by many of the nation’s premier health systems for its AI-powered...

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Topics: Mergers & Acquisitions / JV, RCM (Revenue Cycle Mgmt), Technology, Trends
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