Kirkland & Ellis LLP advised healthcare cost containment and payment integrity solutions provider OmniClaim in its sale to Equian, a portfolio company of New Mountain Capital. Equian is a leading end-to-end payment integrity organization that manages more than $300 billion in claims data annually, recovering inaccurate transactions in healthcare, workers’ compensation and property and casualty markets. Financial details of the transaction were not disclosed.
The Kirkland team for OmniClaim was led by Boston-based corporate partners Christian Atwood and Ian Bushner and associates Payson Lyman and Eric Sternlieb, and included tax partner Russell Light and associate Ryan Roberts; antitrust partner Carla A.R. Hine; debt finance partner Jason Serlenga and associate Jenelle DeVits; employee benefits partner Alexandra Mihalas and associate Adria Crowe; executive compensation associates Katherine Coverdale and Galen Spielman; labor partner Edward Holzwanger; and technology and intellectual property transactions partner Adam Petravicius and associate Kyle Barnett. More information on the transaction is available in the Equian press release.