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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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Waystar to Acquire Iodine Software, Accelerating the AI-Powered Transformation of Healthcare Payments

Extends Waystar's AI leadership into clinical intelligence software, unlocking greater value for clients and shareholders

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PR Newswire broke the news in United States on Wednesday, July 23, 2025.
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