Software·RCM

Datavant

New York, United Stateswww.datavant.com1expert edge

Datavant is a health information technology company operating the largest neutral platform for connecting and exchanging identified and de-identified patient data across US hospitals, health plans, life sciences firms, and government agencies. It was formed by the $7B merger of Datavant and Ciox Health in June 2021.

Why interesting to a deal team

Matt Holt led New Mountain's $7B Ciox-Datavant merger, making him a first-hand operator on healthcare data infrastructure and RCM adjacencies. Datavant anchors his thesis on health data interoperability and is the reference asset for sourcing, diligencing, and valuing comparable platform roll-ups.

Experts connected to this company

Matt HoltArchitected $7B Ciox-Datavant merger as lead investor

Matt Holt

Managing Director and President, Private Equity

New Mountain Capital

Fund GPNew York

The defining GP in healthcare RCM/payments consolidation — built Signify, Datavant, and Machinify at New Mountain, and is now assembling Thoreau, a ~$30B AI health-tech platform.

Sources

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datavant.com/about
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newmountaincapital.com/portfolio/ciox-health
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datavant.com

Strongest evidencePage title3 public sourcesHow the grades work