How many acquisitions has Waystar made so far?

Waystar has completed 8 acquisitions so far, with an average acquisition amount of $1.25B.

Which sectors does Waystar target for acquisitions?

Most of Waystar's acquisitions are in Healthcare IT (8) and Payments (2).

In which year did Waystar make the most acquisitions?

Waystar was most active in 2019, with 3 acquisitions completed in that year.

List of 8 Acquisitions by Waystar (Nov 2026)

Q: Which is Waystar's latest acquisition?

Waystar's most recent acquisition is Iodine Software, a AI-based clinical documentation integrity solution and mid cycle revenue management, acquired in July 2025.

Most viewed in 2019

Waystar has made a total of 8 acquisitions. The company has focused its investment activity across 3 sectors: Healthcare IT, Payments, and Artificial Intelligence. These transactions were conducted within 1 country, the United States. Peak acquisition activity occurred in 2019 with 3 acquisitions, followed by 2025 and 2023 with 1 acquisition each. The average number of acquisitions per year from 2020 to 2025 is 0.6, and 0 acquisitions have been completed in the current calendar year. In July 2025, the company acquired Iodine Software, an Austin-based firm founded in 2010 that provides an AI-based clinical documentation integrity solution and mid-cycle revenue management.

Here's the year on year acquisition history of Waystar:

Number of Total Acquisitions

Year	# Acquisitions
2025	1
2023	1
2021	1
2020	1
2019	3
2018	1

View all Acquisitions by Waystar

Recent acquisitions by Waystar

Waystar's most recent acquisition - Iodine Software is a AI-based clinical documentation integrity solution and mid cycle revenue management, founded in 2010 and located in Austin. Waystar acquired a 100% stake in it in July 2025 for a price of $*****.

Here is the list of all acquisitions by Waystar sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Jul 23, 2025	Iodine Software	qhpp	tyen	13	541
Aug 03, 2023	HealthPay24	aoxc	dbdd	84	391
Jul 15, 2021	Patientco	nlca	bdgz	45	753
Aug 12, 2020	eSolutions	ihbg	cltt	55	463
Dec 04, 2019	Recondo Tech	uboc	gxhj	51	203