PE-Backed Equian Adds to Health Care Tech M&A with AfterMath Deal
Private equity-backed Equian has acquired AfterMath Claim Science Inc., a health care technology company.
AfterMath, headquartered in Warrenville, Illinois, provides post-payment recovery services that aim to eliminate medical claim payment errors through data mining technology called ClaimScope. Terms of the deal were not disclosed.
Indianapolis-based Equian says the deal expands its footprint in post-payment services and analytics. The company provides health care information services that aim to make sure health care costs are paid accurately.
Equian is backed by Great Point Partners, a Greenwich, Connecticut private equity firm that bought Equian in 2007. The firm’s other investments include Corrona Inc., an observational registry for physicians, and Orange Health Solutions, a technology enabled health care services company.