Deals
EQT-Backed Waystar Buys Patientco in Payments Software Deal
- Patientco is said to be valued at more than $450 million
- Waystar CEO aims to provide more ‘consumer-like experience’
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Health-care payments software provider Waystar has agreed to buy Patientco in a deal that bolsters its ability to collect payments from patients who have become responsible for an increasing share of health-care bills in the U.S.
The deal, which could be announced as soon as Thursday, is valued at more than $450 million, said people familiar with the matter who asked not to be identified because it was private.