IKS Health to Acquire TruBridge for $565 Mn to Expand US Rural Healthcare Tech Presence

Under the agreement, TruBridge shareholders will receive $26.25 per share in cash, valuing the Nasdaq-listed company at an enterprise value of approximately $557 million.

Inventurus Knowledge Solutions Ltd (IKS Health) has announced an agreement to acquire US-based healthcare technology firm TruBridge Inc. for a total consideration of up to $565 million, its largest acquisition to date. The move is aimed at expanding its footprint in the US, particularly in the rural and community hospital segment.

Under the agreement, TruBridge shareholders will receive $26.25 per share in cash, valuing the Nasdaq-listed company at an enterprise value of approximately $557 million. The transaction will be executed through IKS Health’s US subsidiary and is expected to close within 180 days, subject to regulatory and shareholder approvals.

The acquisition strengthens IKS Health’s capabilities in electronic health records (EHR) and revenue cycle management (RCM), particularly for smaller hospitals. TruBridge currently serves over 700 community and critical-access hospitals in the US and reported revenue of $347 million in calendar year 2025. Its broader client base includes more than 1,500 healthcare organizations, with revenues largely driven by long-term contracts.

IKS Health stated that the deal will enable integration of TruBridge’s EHR infrastructure with its AI-driven care enablement solutions, allowing the combined entity to offer both system-of-record and system-of-action capabilities.

The acquisition will be primarily funded through debt. IKS Health has secured committed financing of up to $670 million from a consortium led by Citibank, JPMorgan Chase, and Deutsche Bank. The financing structure includes a $610 million term loan, a $40 million secondary term loan, and a $20 million revolving credit facility. The combined entity is expected to have an initial leverage of around three times EBITDA.

Founded in 1979, TruBridge has evolved into a healthcare technology provider offering EHR, RCM, analytics, and patient engagement tools, with a focus on underserved rural hospitals.

Following the acquisition, the combined entity is expected to serve over 2,000 healthcare organizations and approximately 150,000 clinicians. The company also indicated potential for cross-selling services across TruBridge’s existing client base.

The deal follows IKS Health’s earlier acquisition of AQuity Solutions, which expanded its capabilities in clinical documentation and revenue cycle services.

Stay tuned for more such updates on Digital Health News