Announced
Completed
Financials
Tags
data management
Completed
Domestic
Private
United States
Venture Capital
Information / Data Services
Private Equity
Friendly
enterprise systems
Minority
Acquisition
Synopsis
MultiPlan, a value-added provider of data analytics, cost management, and payment and revenue integrity solutions, led a $28m Series C funding round in Abacus Insights, a provider of data management and interoperability solutions, with participation from Blue Venture Fund, CRV, .406 Ventures, Horizon Healthcare Services and Echo Health Ventures. “This new funding validates our company’s mission, which is to help health plans liberate health data. Doing so empowers consumers to make better health choices and physicians to make more informed treatment decisions. Payors also use the platform to drive efficiency in their business which further lowers costs for their members. We are proud to partner with MultiPlan given their leadership position in data and analytics serving nearly every payor in the country," Minal Patel, Abacus Insights Founder and CEO.
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