Announced
Completed
Financials
Tags
Acquisition
Domestic
Private
Single Bidder
Software
United States
technology solutions
artificial intelligence analytics
Friendly
Majority
Private Equity
Completed
Synopsis
New Mountain Capital, an investment firm, completed the acquisition of Apixio, an artificial intelligence platform, from Centene, a healthcare enterprise. Financial terms were not disclosed. “We view the merger of Apixio and ClaimLogiq as creating a truly differentiated player in the healthcare technology industry. We intend to continue investing in the combined company’s existing artificial intelligence capabilities while also launching new products with the aim of building the leading ‘connected care’ platform in the marketplace, enabling health plans’ and provider groups’ transition to value-based care," Matt Holt, New Mountain Capital Managing Director and President.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.