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Announced

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New Mountain Capital completed the acquisition of Apixio from Centene.

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.

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