TruBridge Acquired by IKS Health | Healthcare M&A Deal

IKS Health has agreed to acquire TruBridge, a healthcare IT business in the United States, for up to $565 million. IKS Health acquisitions target TruBridge’s EHR and revenue cycle management technology for rural and community hospitals, with TruBridge serving more than 700 facilities across the US. The healthcare M&A platform acquisition combines TruBridge’s system-of-record EHR backbone with IKS Health’s AI-driven care enablement and system-of-action capabilities to support smaller providers. The strategic acquisition is structured as IKS Health acquiring 100% of TruBridge through its US arm, Inventurus Knowledge Solutions Inc., with a cash price of $26.25 per share and an expected close within 180 days, subject to approvals.