Waystar Acquires Patientco

WELLSTAR (WELL Health) Acquires PatientSERV and Lambert Médico Factures

March 17, 2026

Healthcare Services

WELL Health Technologies’ majority-owned subsidiary WELLSTAR completed the acquisition of two medical billing assets: PatientSERV in Ontario and Lambert Médico Factures in Québec. The deals expand WELLSTAR’s national medical billing platform, extending coverage to six Canadian provinces and strengthening its clinical operations offering for physicians.

Waystar Acquires HealthPay24 from EngageSmart

August 3, 2023

Healthcare Services

Waystar, a provider of healthcare payments technology, has acquired HealthPay24, an EngageSmart enterprise patient payment platform, to augment its patient financial engagement capabilities. The acquisition brings HealthPay24’s SaaS patient payments platform and its relationships with roughly 2,000 provider locations into Waystar’s payments ecosystem, expanding Waystar’s capabilities in patient payment experiences and revenue cycle technology.

Waystar Acquires eSolutions to Add Medicare-Focused Revenue Cycle Capabilities

August 12, 2020

Healthcare Services

Waystar announced a definitive agreement to acquire eSolutions, a revenue cycle technology company known for Medicare-specific solutions and broad payer connectivity. The acquisition brings eSolutions' Medicare connectivity and analytics into Waystar's cloud payments platform, enabling a single system for commercial and government payers; eSolutions was backed by Francisco Partners.

Waystar Acquires Recondo Technology

December 4, 2019

Healthcare Services

Waystar, a leading provider of cloud-based revenue cycle technology, has acquired Recondo Technology, a provider of AI- and RPA-powered patient access and business office automation for healthcare providers. The acquisition expands Waystar's AI and patient-access capabilities and will integrate Recondo's transaction and prior-authorization processing into Waystar's end-to-end revenue cycle platform.

EQT and CPPIB Acquire Majority Stake in Waystar from Bain Capital

July 29, 2019

Healthcare Services

The EQT VIII Fund and Canada Pension Plan Investment Board (CPPIB) agreed to acquire a majority equity stake in Waystar, a cloud-based revenue cycle management provider, in a transaction valuing the company at $2.7 billion. Bain Capital Private Equity will retain a minority stake and will continue to support Waystar alongside the new investors to fund continued innovation and transformative M&A.

Waystar Acquires PARO Decision Support

June 6, 2019

Software

Waystar acquired PARO Decision Support, a provider of predictive-analytics-powered presumptive charity scoring for hospitals, and integrated PARO's solution into its revenue-cycle technology platform. The acquisition expands Waystar's capabilities in automating charity-determination, helping hospitals identify financial assistance-eligible patients and reduce bad debt.