Cedar to acquire OODA Health for $425m.

Cedar, an innovative healthcare financial technology platform, agreed to acquire OODA Health, a healthcare technology company focused on improving the healthcare administrative experience with payers and providers, for $425m. "Cedar's mission has always been to transform healthcare and deliver the best possible financial experience for consumers. We've made great progress toward that goal, but consumers still need greater financial clarity and more affordable healthcare — and the experience with one's provider or one's payer is just part of the issue. Both Cedar and OODA Health are forward-thinking when it comes to putting consumers first, and we believe that by bringing our companies together, we can identify new opportunities to help consumers — as well as payers and providers — navigate an increasingly complicated healthcare system, leading to better outcomes for all parties involved," Florian Otto, Cedar CEO.