Cotiviti is a leading provider of payment accuracy solutions for the healthcare and retail industries. Headquartered in Atlanta, Georgia, Cotiviti was founded in 1979 as Connolly Healthcare and has since grown into a global company with operations in the United States, Canada, and India. Initially focused on healthcare, Cotiviti expanded its offerings to retail in 2014 through the acquisition of Connolly, a leading provider of payment accuracy solutions in the retail industry.

Today, Cotiviti combines its deep industry expertise, advanced analytics, and technology to help clients identify and recover improperly paid healthcare claims and drive operational efficiencies. In the healthcare sector, Cotiviti offers a range of solutions including claims accuracy, payment integrity, risk adjustment, and clinical auditing. Its solutions help clients identify and correct payment errors, improve compliance, and ensure accurate reimbursement.

In the retail sector, Cotiviti provides solutions to optimize promotional spending, prevent revenue leakage, and improve vendor compliance. Cotiviti has established a strong presence globally through various strategic initiatives. In 2017, the company partnered with Navigant, a specialized professional services firm, to provide a comprehensive suite of payment integrity solutions.

Cotiviti also acquired Verscend Technologies in 2018, enhancing its capabilities in risk adjustment and quality reporting. With a strong market position, Cotiviti is a trusted partner for major healthcare payers, retailers, and manufacturers. It serves over 275 clients, including some of the largest healthcare and retail organizations in the world.

The company has achieved significant growth through strategic acquisitions, expanding its portfolio and enhancing its capabilities. In 2018, Cotiviti was acquired by Veritas Capital, a private equity firm, and combined with Verscend Technologies to form Cotiviti Holdings. This merger created a leading provider of payment accuracy solutions with a strong market presence.

As of the latest known updates, Cotiviti continues to innovate and advance its payment accuracy solutions to meet the evolving needs of the healthcare and retail industries. With its global reach, broad range of solutions, and strong market position, Cotiviti stands as a leader in the payment accuracy space