Zelis Acquires Rivet

Zelis Acquires Payer Compass

August 1, 2022

Healthcare Services

Zelis has completed its acquisition of Payer Compass, a provider of reimbursement and claims pricing, administration, and processing solutions. The deal adds Payer Compass' Visium SaaS platform and claims repricing capabilities to Zelis' payments and pricing suite to expand advanced claims management and out-of-network solutions for payers and self-insured employers.

Zelis Acquires Payspan

November 9, 2022

Healthcare Services

Zelis has completed the acquisition of Payspan, a provider of healthcare electronic payment and reimbursement automation services. The deal brings Payspan’s payment network and capabilities into the new Zelis Advanced Payment Platform to expand payment modalities and communications for payers, providers, and consumers.

Zelis Acquires Sapphire Digital

September 14, 2021

Healthcare Services

Zelis, a healthcare payments company, acquired Sapphire Digital, a leading healthcare consumer navigation and price-transparency platform, to integrate provider selection, pricing and patient access capabilities into its payments and consumer solutions. The acquisition (terms undisclosed) expands Zelis' consumer-facing offerings and helps clients comply with new transparency regulations; the deal closed in October 2021 after being announced in September 2021.

Cohere Health Acquires ZignaAI

September 9, 2025

Healthcare Services

Cohere Health has acquired ZignaAI and launched a new Payment Integrity Suite centered on Cohere Validate, integrating pre-service authorization data with post-service claims and coding validation. The acquisition brings ZignaAI's AI-driven payment integrity and coding automation capabilities into Cohere's clinical intelligence platform to improve claims accuracy, reduce waste, and accelerate payment processes for health plans.

Zelis Sells Minority Stake to Mubadala, Norwest and HarbourVest

November 26, 2024

Healthcare Services

Zelis, a Boston-based healthcare technology company, sold a minority stake to a group of investors led by Mubadala Investment Company and including Norwest and HarbourVest, with Parthenon and Bain Capital remaining the majority owners. The transaction closed November 26, 2024 and brings strategic capital and investor support to fuel Zelis's continued growth in healthcare payments and financial technology.

Reveleer Acquires Novillus

April 22, 2025

Healthcare Services

Reveleer, a value-based care technology platform, has acquired Novillus, a provider of care gap management and provider engagement solutions, to expand its AI-powered clinical intelligence and quality-improvement capabilities. The acquisition strengthens Reveleer's ability to support payers and providers in closing care gaps, improving regulatory compliance, and enhancing Medicare Advantage Star performance across its customer base.