Waystar to Acquire Patientco to Bring True Consumerism to Healthcare, Simplifying Payment Processes for Patients and Providers

Industry-redefining combination will result in better price transparency and modern payment options for patients to drive faster and fuller reimbursements for providers

LOUISVILLE, Ky., — Waystar, a leading provider of healthcare payments software, today announced a definitive agreement to acquire Patientco, a leading provider of omnichannel patient payments, communications and engagement software. The combination accelerates transformation in the healthcare industry and dramatically improves the patient financial experience. Together, Waystar and Patientco will offer patients consumer-friendly experiences when paying medical bills, while simplifying how providers receive and process payments both before and after care delivery. The combination is subject to regulatory approval and customary closing conditions.