Healthcare Innovation September 9, 2024
New Mountain Capital bringing together the Rawlings Group, Apixio’s Payment Integrity business, and VARIS
Investment firm New Mountain Capital LLC investment firm has arranged a merger of three companies to create a healthcare payment accuracy platform.
The merger involves the Rawlings Group, Apixio’s Payment Integrity business, and VARIS. The companies did not disclose financial details.
New Mountain said the new company, as yet unnamed, would have an expansive set of capabilities, including subrogation, coordination of benefits, pharmacy payment integrity, and complex claim solutions, to ensure payment integrity and will work with many of the largest health plans in the United States.
“This combination of payment integrity leaders will create value across the entire healthcare ecosystem,” said Matt Holt, managing...