IKS Health Acquires TruBridge for $600M in Debt

IKS Health announces a definitive agreement to acquire and delist US-based TruBridge Inc., a provider of RCM and EHR solutions, for an enterprise value funded by approximately $600M in debt.
The acquisition is projected to be PAT and EPS accretive in FY27, creating a combined entity with proforma revenue of $698M and adjusted EBITDA of $186M for the Jan-Dec 2025 period.
Strategic rationale centers on creating an integrated 'Operating System for Healthcare' by combining IKS's AI-powered Care Enablement Platform (System of Action) with TruBridge's EHR (System of Record).
Significant value creation is expected from a $575M+ cross-sell opportunity, cost synergies, and access to TruBridge's loyal customer base of small to mid-sized rural US hospitals.