Apixio Merges With ClaimLogiq To Create A Connected Care Platform

Apixio, an artificial intelligence company that helps health plans and provider organizations deliver value-based care, merged with ClaimLogiq, which provides a platform to reduce claim errors. Financial terms were not disclosed. The combined entity will be branded as Apixio.  It will focus on developing connected care solutions for payers and risk-bearing provider organizations.

Apixio is a portfolio company of private equity firm New Mountain Capital, which acquired the company in May 2023 from Centene for $280 million. Eir Partners, ClaimLogiq’s first institutional investor, has backed ClaimLogiq since 2021 and will remain a significant minority investor in the . . .