Cedar Announces Closing of OODA Health Acquisition

By fostering alignment between providers and payers, the company will provide the only holistic solution to the challenges consumers face when paying for healthcare.

Cedar announced it has closed its acquisition of OODA Health, a healthcare technology company focused on improving the healthcare administrative experience with payers and providers, for $425 million. Through this acquisition, Cedar will be the only complete healthcare financial technology solution, addressing the full set of challenges consumers face when paying for care by bringing payers and providers onto one platform.

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