Waystar to Acquire Iodine Software, Accelerating the AI-Powered Transformation of Healthcare Payments
- Waystar announced a definitive agreement to acquire 100% of Iodine Software from shareholders led by Advent International for a total enterprise value of $1.25 billion.
- The transaction is expected to enhance Waystar's healthcare payment services through advanced AI capabilities, impacting over one million providers.
- Iodine is recognized for its AI-powered clinical intelligence software, trusted by many premier health systems.
- Together, Waystar and Iodine aim to reduce the $440 billion in annual administrative costs affecting providers.
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Total News Sources40
Leaning Left2Leaning Right4Center7Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
15%
C 54%
R 31%
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