{"id":3661,"date":"2023-02-09T13:17:40","date_gmt":"2023-02-09T13:17:40","guid":{"rendered":"https:\/\/regtechafrica.com\/healthcare\/?p=3661"},"modified":"2023-02-09T13:17:40","modified_gmt":"2023-02-09T13:17:40","slug":"global-carlyle-in-talks-to-buy-health-tech-firm-cotiviti-for-15-bln","status":"publish","type":"post","link":"https:\/\/regtechafrica.com\/healthcare\/global-carlyle-in-talks-to-buy-health-tech-firm-cotiviti-for-15-bln\/","title":{"rendered":"Global: Carlyle in talks to buy health tech firm Cotiviti for $15 bln"},"content":{"rendered":"<p data-testid=\"paragraph-0\" data-reader-unique-id=\"9\">Carlyle Group Inc <a href=\"https:\/\/www.reuters.com\/companies\/CG.O\" target=\"_blank\" rel=\"noopener\" data-testid=\"Link\" data-reader-unique-id=\"10\">(CG.O)<\/a> is in talks to buy private healthcare technology firm Cotiviti Inc from Veritas Capital for up to $15 billion, including debt, a person familiar with the matter said.<\/p>\n<p data-testid=\"paragraph-1\" data-reader-unique-id=\"11\">The private equity firm is looking to partner with another investment firm to pull off the deal, and is also in talks with direct lenders to arrange $5.5 billion of debt financing, according to the person.<\/p>\n<p data-testid=\"paragraph-2\" data-reader-unique-id=\"12\">If the arrangement goes through, that would be one of the largest ever direct loans, or non-bank buyout loans arranged in the private credit market, according to Bloomberg News, which first reported on the talks.<\/p>\n<p data-testid=\"paragraph-3\" data-reader-unique-id=\"13\">Atlanta-based Cotiviti provides payment accuracy and analytics services to health insurers and other healthcare companies.<\/p>\n<p data-testid=\"paragraph-4\" data-reader-unique-id=\"14\">Cotiviti, which went public in 2016, was acquired by Veritas in 2018 in a take-private deal valued at $4.9 billion, as the PE firm looked to expand its Verscend healthcare IT business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Carlyle Group Inc (CG.O) is in talks to buy private healthcare technology firm Cotiviti Inc from Veritas Capital for up to $15 billion, including debt, a person familiar with the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3662,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[73,80],"tags":[],"class_list":["post-3661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global","category-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/regtechafrica.com\/healthcare\/wp-content\/uploads\/2023\/02\/F3CB5DEA-54C4-46ED-9A87-C3B19A863E34.jpeg?fit=688%2C446&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/posts\/3661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/comments?post=3661"}],"version-history":[{"count":1,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/posts\/3661\/revisions"}],"predecessor-version":[{"id":3663,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/posts\/3661\/revisions\/3663"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/media\/3662"}],"wp:attachment":[{"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/media?parent=3661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/categories?post=3661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/regtechafrica.com\/healthcare\/wp-json\/wp\/v2\/tags?post=3661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}