# Waystar Acquires Iodine Software for $1.25 Billion in Major Healthcare AI Deal

> ma · REPORTED · 2025-07-01

Waystar completed a $1.25 billion acquisition of Iodine Software in July 2025, one of the largest AI-focused M&A transactions in digital health that year, aimed at bolstering Waystar's AI-powered revenue cycle management capabilities with Iodine's clinical AI platform.

- Company: Waystar
- Sector: digital health
- Primary source: https://www.cbinsights.com/research/report/digital-health-trends-2025/

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Source: MedFuel Intel news monitor. Verification tier: REPORTED. Informational only, not investment advice. Corrections: media@medfuelinc.com.