August 13, 2020 – Waystar announced a definitive agreement to acquire eSolutions, a revenue cycle technology company with Medicare-specific solutions.
Waystar says the combination will result in the first technology to unite both commercial and government payers onto a single payments platform.
Founded in 1999, eSolutions’ technology maximizes revenue collection, accelerates cash flow, and reduces administrative burden across numerous sites of care. The company has over 6,000 payer connections and maintains a growing data set of billions of transactions. In addition to hospitals and ambulatory providers, eSolutions has expertise in serving the post-acute market across the entire revenue cycle, including skilled nursing, senior living facilities, home care, hospice, federally qualified healthcare centers (FQHCs), and durable medical equipment providers.
The transaction is expected to close later this year, subject to customary conditions and approvals.
