Becker's Healthcare September 5, 2024
Private equity firm New Mountain Capital has completed the merger of three payment integrity companies.
The Rawlings Group, Apixio’s payment integrity business, and Varis are the companies being combined, according to a Sept. 5 New Mountain news release. The yet unnamed combined company will have “an expansive set of capabilities,” including subrogation, coordination of benefits, pharmacy payment integrity and complex claim solutions.
“The new organization will help reduce administrative waste while being a catalyst for lowering healthcare costs for payers, payviders, employers and consumers. This move is built upon our decades of healthcare expertise coupled with an accelerated investment in leveraging big data and AI...