New Mountain Capital to acquire Machinify and combine with leading healthcare intelligence and payment platform
New Mountain Capital to acquire Machinify and combine with leading healthcare intelligence and payment platform
01/10/25, 2:44 PM
Location
Industry
artificial intelligence
biotechnology
health care
New Mountain Capital, LLC has announced a definitive agreement to acquire Machinify, Inc. Machinify will become a core part of the company formed through the merger of The Rawlings Group, Apixio’s Payment Integrity business, and VARIS. The combined organization, to be named Machinify at close, will bring together revolutionary technology, clinical expertise, and a wealth of data to transform healthcare payments and build a frictionless foundation for healthcare administration for all stakeholders.
Company Info
Company info
New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm currently manages private equity, public equity, and credit funds with over $33 billion in assets under management. New Mountain seeks out what it believes to be the highest quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies. For more information on New Mountain Capital, please visit www.newmountaincapital.com
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