Software·RCM

Machinify

Dallas, United Stateswww.machinify.com1expert edge

Machinify is an AI-powered healthcare payment-integrity platform that automates claim review, data mining, subrogation, pharmacy and coordination-of-benefits work for commercial and government payers. Formed by New Mountain Capital's combination of The Rawlings Group, Apixio's payment-integrity business and VARIS, it later acquired Performant Healthcare for roughly $670M.

Why interesting to a deal team

Machinify is the flagship result of Matt Holt's healthcare payment-integrity roll-up at New Mountain, combining four assets into a ~$5B platform. It is the reference case for his buy-and-build thesis and the clearest proof point of his operating network in payer-side AI.

Experts connected to this company

Matt HoltLed acquisition and payment-integrity platform roll-up

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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machinify.com/contact
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newmountaincapital.com/new-mountain-capital-to-acquire-machinify-and-combine-with-leading-healthcare-intelligence-and-payment-platform
Name + firmPrimary
machinify.com

Strongest evidencePage title3 public sourcesHow the grades work