Business Wire·Apr 23, 2026, 9:37 AM ET

IKS Health Announces Agreement to Acquire TruBridge to Strengthen Access to Rural and Community-Based Healthcare

TBRG

Inventurus Knowledge Solutions, Inc. (IKS), the U.S. subsidiary of IKS Health, announced a definitive agreement to acquire TruBridge, Inc. (NASDAQ: TBRG), a provider of healthcare technology for rural & community hospitals.
The strategic acquisition aims to combine IKS Health's care enablement capabilities with TruBridge's revenue cycle management & EHR solutions to strengthen local healthcare systems & expand access to care.
Post-closing, the combined entity will integrate agentic AI with human expertise to improve workflows, financial resilience, & clinical outcomes for over 2,000 healthcare organizations & 150,000 clinicians.
Under the agreement terms, TruBridge shareholders will receive $26.25 in cash for each share of common stock.
The transaction is expected to close during the third calendar quarter of 2026, subject to shareholder approvals, regulatory clearances including the Hart-Scott-Rodino waiting period, & other customary conditions.
TruBridge's largest shareholders, representing approximately 27% of outstanding shares, have entered into voting & support agreements to vote in favor of the transaction.
IKS will finance the acquisition primarily through new indebtedness, including a term loan underwritten by Citibank, JPMorganChase, & Deutsche Bank.
Solomon Partners acted as exclusive financial advisor to TruBridge, while J.P. Morgan Securities & Citigroup Global Markets India served as financial advisors to IKS Health.
Legal counsel for TruBridge includes Sullivan & Cromwell LLP, Maynard Nexsen PC, & Cyril Amarchand Mangaldas, while Katten Muchin Rosenman LLP & Shardul Amarchand Mangaldas represent IKS Health.
The deal extends IKS Health's clinician-first experience to the rural market, combining TruBridge's system of record with IKS Health's AI-driven system of action.