New Mountain Capital Invests in ClaimLogiq

New Mountain Capital Invests in Access Healthcare

January 14, 2025

Healthcare Services

Affiliates of New Mountain Capital have made a growth investment in Access Healthcare to support the company’s next phase of expansion. The capital will be used to advance AI and workflow automation, accelerate product development, and expand Access Healthcare’s revenue cycle management platform into new markets while the existing leadership team remains in place.

New Mountain Capital Makes Growth Investment in The Rawlings Group

April 2, 2024

Healthcare Services

Affiliates of New Mountain Capital have made a strategic growth investment in The Rawlings Group, a La Grange, Kentucky–based coverage analytics and payment integrity provider for health insurers. The capital will support investments in AI, product development, talent, and expansion into new markets and capabilities while New Mountain partners with Rawlings' management team.

New Mountain-Backed Apixio Merges with ClaimLogiq; Eir Partners Remains Minority Investor

June 13, 2023

Healthcare Services

Apixio and ClaimLogiq have completed a merger to form a combined, AI-driven healthcare data and analytics company branded as Apixio. The transaction is supported by New Mountain Capital (which acquired Apixio from Centene) with Eir Partners remaining a significant minority investor; the combined company will have more than 280 employees.

Eir Partners Completes Growth Recapitalization of ClaimLogiq

August 16, 2022

Healthcare Services

Eir Partners completed a growth recapitalization of ClaimLogiq, a Charleston-based healthcare SaaS platform that provides payment integrity and pre-payment solutions to health plans. Eir intends to use ClaimLogiq as a platform investment to accelerate product development, automation and synergistic acquisitions (including Medliminal and SyTrue) to broaden capabilities and drive savings for payer customers.

ClaimLogiq Acquires SyTrue

July 27, 2022

AI & Machine Learning

ClaimLogiq, a payment-integrity technology provider headquartered in Mount Pleasant, South Carolina, acquired SyTrue, a pioneer in healthcare natural language processing (NLP). The acquisition integrates SyTrue’s NLP OS into ClaimLogiq’s payment integrity platform to expand capabilities for processing unstructured medical data across payment integrity, risk adjustment and medical record review use cases.

New Mountain Capital Partners with Donan to Acquire Majority Stake in CCG IQ

December 16, 2021

Insurance

Donan and CCG IQ have combined to create a unified claims intelligence and forensic engineering platform and have partnered with private equity firm New Mountain Capital, which acquired a majority stake in the combined business. Carousel Capital, CCG IQ's first institutional investor, completed a majority exit but will remain a significant minority investor; the combined company will be headquartered in Louisville, Kentucky and Charlotte, North Carolina and employ more than 500 people.