M&A Deal Summary

Claritev Acquires Private Healthcare Systems

On October 18, 2006, Claritev acquired insurance company Private Healthcare Systems

Acquisition Highlights
  • This is Claritev’s 1st transaction in the Insurance sector.
  • This is Claritev’s 1st transaction in the United States.
  • This is Claritev’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2006-10-18
Target Private Healthcare Systems
Sector Insurance
Buyer(s) Claritev
Deal Type Add-on Acquisition

Target

Private Healthcare Systems

Waltham, Massachusetts, United States
Private Healthcare Systems, Inc. is a provider of network and care management services to self-insured employers.

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Buyer(S) 1

Buyer

Claritev

McLean, Virginia, United States

Category Company
Founded 1980
Sector Information Technology
Employees2,700
Revenue 931M USD (2024)
DESCRIPTION

Claritev is a provider of technology-enabled healthcare cost management solutions. Claritev provides a single gateway to a host of analytics- and network-based solutions for managing the financial risks associated with medical claims, as well as solutions that improve payment integrity by resolving waste, abuse, and fraud before payments are made. Claritev was founded in 1980 and is based in McLean, Virginia.


DEAL STATS #
Overall 1 of 6
Sector: Insurance M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 5
State: Massachusetts M&A 1 of 2
Country: United States M&A 1 of 6
Year: 2006 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-15 Viant

Naperville, Illinois, United States

Viant, Inc. provides healthcare payment solutions through primary and complementary networks, integrated network and contract management, non-network cost management services and post payment audit and recovery services to the U.S. commercial and public health insurance sectors.

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