Company Overview - Waystar is a provider of healthcare payment software, aiming to simplify healthcare payments for providers to enhance patient care and financial performance [3] - The company serves approximately 30,000 clients, which includes over 1 million distinct providers, and 16 out of the 20 institutions listed in U.S. News Best Hospitals [3] - Waystar's platform processes over 6 billion healthcare payment transactions annually, handling more than $1.8 trillion in gross claims and covering around 50% of U.S. patients [3] Upcoming Event - CEO Matt Hawkins will present at the Goldman Sachs Communacopia + Technology Conference on September 10, 2025, at 3:05 p.m. PT [1] - A live webcast of the event will be available on Waystar's Investor Relations website, with a recording accessible post-event [2]

Core Insights - Waystar has successfully repriced its first lien term loan, reducing the interest rate to adjusted SOFR +2.00%, a 25-basis-point decrease from previous terms, driven by strong lender demand [1][2] - The company plans to add $250 million of incremental term loans to fund the acquisition of Iodine Software, which is part of its growth strategy [1] - Since its IPO in June 2024, Waystar has reduced borrowing costs by 211 basis points through three successful repricings of the term loan [2] Company Overview - Waystar provides healthcare payment software and serves approximately 30,000 clients, including 16 of the top 20 institutions on the U.S. News Best Hospitals list [4] - The company's platform processes over 6 billion healthcare payment transactions annually, amounting to over $1.8 trillion in gross claims, covering about 50% of U.S. patients [4] - Waystar's mission is to simplify healthcare payments, allowing providers to focus on patient care and optimize financial performance [4] Management Perspective - The CEO of Waystar emphasized the strong demand from lenders and the favorable financing terms that will help accelerate growth and strengthen the company's competitive advantage [3] - The company is committed to innovation and delivering sustained long-term value for shareholders [3]