Becker's Healthcare August 22, 2023
Waystar, a healthcare-focused financial management software vendor, may be headed for an initial public offering, according to an Aug. 21 report from Reuters.
Four details:
1. Waystar is owned by EQT Partners, an investment firm; Canada Pension Plan Investment Board; and BainCapital, which has a minority stake. The company has been serving hospitals and medical practices for more than 20 years, now reporting 2.5 billion transactions annually.
2. EQT Partners and Canada Pension hired Goldman Sachs Group and JPMorgan Chase & Co....