Oct 16 (Reuters) - Healthcare payments startup Waystar Technologies on Monday made public its filing for a U.S. stock market flotation and revealed a rise in quarterly sales.
Reuters reported in August that Waystar was eyeing an initial public offering (IPO) that could value it at up to $8 billion.
Waystar confidentially filed for an IPO later in August, joining a wave of new listings that followed a months-long dry spell wrought by high interest rates and fears of a recession.
Total sales of the company for the three months ended June 30 was $196 million, compared with $173.4 million a year earlier, it said.
Waystar was formed in 2017 through the merger of healthcare tech firms Navicure and ZirMed.
Persons:
Waystar, Waystar confidentially, Khushi, Devika
Organizations:
Technologies, Reuters, Nasdaq, Thomson
Locations:
U.S, Bengaluru