New Mountain merges Rawlings, Varis, Apixio assets to form payment accuracy firm

Private equity firm New Mountain Capital is combining three healthcare portfolio companies to create a payment accuracy firm. The new entity will merge the analytics of The Rawlings Group, Apixio’s payment integrity platform, and Varis, an overpayment identification provider. The company, led by David Pierre, former COO of Signify Health, will utilise data and AI to coordinate benefits, check pharmacy claims and reimburse third parties.