M&A Deal Summary

Discovery Health Partners Acquires Consova - Payment Integrity Business

On August 27, 2020, Discovery Health Partners acquired information technology company Consova - Payment Integrity Business from Consova

Acquisition Highlights
  • This is Discovery Health Partners’ 1st transaction in the Information Technology sector.
  • This is Discovery Health Partners’ 1st transaction in the United States.
  • This is Discovery Health Partners’ 1st transaction in Colorado.

M&A Deal Summary

Date 2020-08-27
Target Consova - Payment Integrity Business
Sector Information Technology
Buyer(s) Discovery Health Partners
Sellers(s) Consova
Deal Type Divestiture

Target

Consova - Payment Integrity Business

Lakewood, Colorado, United States
Consova Corp. - Payment Integrity Business provides everything from identification and financial resolution to root cause analysis and prevention, resulting in millions of dollars in savings for payer clients.

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Buyer(S) 1

Buyer

Discovery Health Partners

Itasca, Illinois, United States

Category Company
Founded 2008
Sector Information Technology
DESCRIPTION

Discovery Health Partners is an analytics and technology company offering healthcare revenue and payment integrity services. Discovery offers a unique combination of deep healthcare expertise and analytics-powered technology solutions to help our clients improve operational efficiency, achieve financial integrity, and generate measurable results. Discovery Health Partners was founded in 2008 and is based in Itasca, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

Consova

Lakewood, Colorado, United States

Category Company
Founded 2003
Sector Information Technology
DESCRIPTION

Consova has pioneered the latest innovations in healthcare cost containment, continually delivering unmatched results for clients. Consova associates are pioneers in developing technologies and business solutions geared towards health care cost containment. Consova Corp. was founded in 2003 and is based in Lakewood, Colorado.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1