New Mountain Capital to acquire AI company Machinify to form $5B medical payments powerhouse

The health tech M&A wave continues just one week into 2025. | Private equity firm New Mountain Capital plans to acquire Machinify and combine its with its previous merger of The Rawlings Group, Apixio’s Payment Integrity business and Varis to create a powerhouse in the payment integrity market. The combined entity will have revenue of more than $500 million.