Waystar to Acquire Transaction Services Business from UPMC’s Ovation

Waystar offers the client base and comprehensive platform to help Ovation’s claims monitoring technology gain wider market adoption, benefitting the healthcare industry and patients across the country

Waystar announced today that it will acquire the transaction services technology business owned by Ovation Revenue Cycle Services, part of leading health care provider and insurer UPMC. Ovation’s technology uses advanced algorithms to monitor claims at many health systems and hospitals, and this technology will now be integrated into Waystar’s platform, giving unprecedented claims visibility to nearly 500,000 healthcare providers.

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PR Newswire