Waystar closes $1.25B acquisition of RCM company Iodine Sof…
Summary
Waystar has completed its $1.25 billion acquisition of AI-powered revenue cycle management company Iodine Software. The deal brings Iodine’s hospital and health system client base into Waystar and expands Waystar’s addressable market by more than 15%. Waystar says the combined company will unite clinical and financial intelligence on one AI-powered platform to improve automation and financial performance. The acquisition was first announced in July and is funded through a mix of cash and stock.
Classifications
industries
HealthTech
applications
AI & Machine learning
AskAI Classifications
Labels
Healthcare Software
AI Software
Revenue Cycle Management Software
Linked Companies
Iodine Software
$10M to $25M
Waystar
$1M to $5M