Cotiviti IPO

Cotiviti is a healthcare analytics and technology company that provides payment accuracy, risk adjustment, quality improvement, and consumer engagement solutions to healthcare payers and providers. The company was originally spun out from Verisk Analytics and went public in 2016 before being taken private by Veritas Capital in 2020 for approximately $4.9 billion. Cotiviti's platform processes over $2 trillion in healthcare spending annually, making it one of the largest healthcare data processors in the United States.

The company's core offerings include pre-payment and post-payment review services, Medicare and Medicaid risk adjustment solutions, and clinical quality analytics. Cotiviti serves more than 300 healthcare payer clients including major health plans, government agencies, and third-party administrators. Their technology combines machine learning, clinical expertise, and regulatory knowledge to identify improper payments, ensure compliance with quality metrics, and optimize reimbursement accuracy in an increasingly complex healthcare reimbursement environment.