HealthComp Holding Company LLC, a leading independent Third Party Administrator (TPA) of healthcare benefits for self-funded employers, announced that the Company has partnered with New Mountain Capital, a leading growth-oriented investment firm with $28 billion in assets under management.
Founded in 1994 and headquartered in Fresno, California, HealthComp is the largest independent Third-Party Administrator (TPA) of healthcare benefits in the U.S., serving more than 400,000 members in the self-funded employer industry. The Company offers best in class technology for healthcare benefits administration, payment integrity and care management services to address the “dual mandate” in the U.S. healthcare system: reducing costs and improving clinical outcomes and experience for employees. As part of the transaction, HealthComp’s CEO and management team will remain in place and invested in the company.
Read full press release from HealthComp.