On February 10, Cotiviti announced that it acquired Edifecs, Inc. for an undisclosed purchase price.
Founded in 1996, Edifecs provides solutions focused on interoperability, workflows, value-based care payments and analytics in the healthcare market. The company optimizes the secure exchange and processing of administrative and clinical data, reducing the cost of meeting various regulations and automating workflows involved in multiple core processes within the healthcare ecosystem.
Cotiviti provides analytics-driven payment accuracy solutions primarily focused on the healthcare industry. On a trailing 12-month basis, ending on September 30, 2024, it generated revenue of $642.6 million and EBITDA of $220.0 million. In February 2024, it was recapitalized by Veritas Capital and KKR.
The combined platform will enhance connectivity between payers and providers, enable increased collaboration in the delivery of care and accelerate deployment of solutions in the healthcare system.
According to data in the LevinPro HC database, this transaction represents the 42nd eHealth acquisition of 2025, and the seventh in the analytics specialty. There were 30 analytics transactions reported in 2024, and 35 reported in 2023.
