Announced
Financials
Tags
IT Services: Other
Private
Majority
Domestic
Pending
Friendly
Single Bidder
analytics
Acquisition
United States
Private Equity
Synopsis
MultiPlan, a provider of data analytics and technology-enabled end-to-end cost management solutions, agreed to acquire Discovery Health Partners, an analytics and technology company, for c. $155m. The transaction is expected to be completed by the end of Q1 2021, subject to satisfaction of closing conditions including customary regulatory approvals. “Waste in the US healthcare system accounts for about a quarter of total healthcare spending and presents a tremendous opportunity to deliver affordability, fairness and efficiency to the industry. This acquisition of Discovery will extend the reach of our program integrity solutions not only across the claim value chain but also across multiple payor lines of business. We look forward to joining forces with Discovery to deepen our value to healthcare payors and the healthcare industry as a whole,” Mark Tabak, MultiPlan Chairman and CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.