New Mountain merger to create $3 billion medical payments company

Financial News

New Mountain merger to create $3 billion medical payments company

  New Mountain Capital is combining three companies in its portfolio: the Rawlings Group, the payment-integrity business of Apixio, and a recently acquired firm called Varis. The new entity would use AI to track health plans’ payments to doctors and hospitals. 

by

  The Dallas company, which has been in transformation mode for three years, recently took a series of actions to try to meet the profitability targets it set for itself. 

by
Financial News

  A company spokesperson said the company reviews fraud-related issues and refers them to law enforcement "as appropriate." 

by
Financial News

  Morgan Stanley will have to pay $2 million for failing to flag trading in First Republic Bank by its former CEO. The transactions happened in the lead-up to the regional bank's collapse. 

by
Financial News

Disclaimer: dontstopinvesting.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2020-2024 Don’t Stop Investing. All Rights Reserved.