Waystar to Acquire Iodine Software for $1.25B, Boosting AI-Driven Revenue Cycle Management
Waystar, a prominent healthcare payment software provider, has announced plans to acquire Iodine Software, an AI-driven revenue cycle management company, in a deal valued at $1.25 billion. This strategic move, Waystar's first acquisition since going public last year, aims to enhance its AI capabilities and expand its market presence in the healthcare technology sector.