New Mountain Capital to acquire Machinify.

New Mountain Capital, an investment firm, agreed to acquire Machinify, a provider of artificial intelligence-powered software transforming healthcare payments. Financial terms were not disclosed. “New Mountain has had a longstanding sector thesis around the transformative potential for technology to drive greater efficiency in healthcare payments and we believe that the combined company is the platform to enable this. We are confident that this business will disrupt the status quo and improve outcomes for all stakeholders,” Matt Holt, New Mountain Capital Managing Director and President, Private Equity.