Stratrix
On the Record · Waystar Holding

Waystar Holding acquisitions, on the record

The businesses Waystar Holding bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
HealthPay24
Word for word“Since 2018, we have completed and successfully integrated nine acquisitions, two of which closed in the second half of 2023; HealthPay24 on August 3, 2023; and certain assets of Olive AI, Inc.’s Clearinghouse and Patient Access business on October 31, 2023.” 10-K for 2024
acquisitionAugust 3, 2023—
eSolutions
Word for word“For example, we acquired eSolutions in 2020, adding Medicare-specific solutions that allow us to address both commercial and government payers on a single cloud-based platform.” 10-K for 2024
acquisition2020—
HealthPay24 and certain assets of Olive AI
Word for word“Cash flows used in investing activities decreased due to the $40.0 million of cash used in the 2023 acquisitions of HealthPay24 and certain assets of Olive AI (see Part II, Item 8, “Financial Statements—Note 6”).” 10-K for 2024
acquisition2023$40.0 million of cash used in the 2023 acquisitions
Iodine
Word for word“The acquisition was completed on October 1, 2025 for a total purchase price of $1.26 billion.” 10-K for 2025
acquisitionOctober 1, 2025$1.26 billion
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2023-12-31$40 million$20.5 million
2024-12-31$0—
2025-12-31$629.5 million$996.8 million

Deal filings since 2016

Read from Waystar Holding’s annual reports (10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-02-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.