Two Private Equity Firms Make A Platform Investment In Alivia Analytics For Health Care Fraud Prevention Technology

Health care-focused private equity firms Council Capital and Health Enterprise Partners jointly announced a platform investment in Alivia Analytics, LLC, which provides a technology platform focused on ensuring accuracy of health care payments. Alivia Analytics clients include state Medicaid agencies, commercial insurance plans and investigative service firms. The financial terms of the investment were not disclosed. The investment is anticipated to support nationwide expansion.

The deal is the result of a collaboration of Council Capital, Health Enterprise Partners, and industry veteran Michael Taylor, M.D., an executive-in-residence at the firms. Dr. Taylor assisted with the search for . . .