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Alivia Analytics Acquires SourcEdge to Expand Healthcare Claims Lifecycle Capabilities for Commercial and Government Payers

Feb 27, 2024•over 1 year ago

Acquiring Company

Alivia Analytics

Acquired Company

SourcEdge

WoburnChester SpringsHospitalityHealth CareInformation TechnologyHealth CareInformation Technology

Description

Alivia Analytics, a leading AI-based healthcare payment integrity platform, has acquired SourcEdge, a national provider of claims systems modernization services. The acquisition combines SourcEdge's claims system technology optimization expertise with Alivia's AI-powered payment integrity / FWA data and analytics platform. The unified organization aims to expand healthcare claims lifecycle capabilities for commercial and government payers, empowering them with an end-to-end claims solution.

Company Information

Company

Alivia Analytics

Location

Woburn, Massachusetts, United States

About

Alivia Analytics (known as Alivia) provides a revolutionary, AI-powered end-to-end Healthcare Payment Integrity Platform that serves as a single source of truth data and analytics hub for commercial and government health plans, auditors, and fraud investigators. It includes modules for pre-pay accuracy and post-pay FWA detection and recovery (FWA Finder™). Tying it all together is Alivia's Case Manager™ which works seamlessly in our platform or yours to manage healthcare fraud cases.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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