Cotiviti provides healthcare analytics services and technology aimed at improving payment integrity, risk adjustment, and quality performance in the healthcare industry.

Cotiviti

Definitive Healthcare Corp., together with its subsidiaries, provides healthcare commercial intelligence in the United States. Its solutions provide information on healthcare providers and their activities to help its customers in the area ranging from product development to go-to-market planning, and sales and marketing execution. The company's platform offers 16 intelligence modules that cover functional areas, such as sales, marketing, clinical research and product development, strategy, talent acquisition, and physician network management. It serves biopharmaceutical and medical device companies, healthcare information technology companies, and healthcare providers; and other diversified companies comprising staffing and commercial real estate companies, financial institutions, and other organizations in the healthcare ecosystem. Definitive Healthcare Corp. was founded in 2011 and is headquartered in Framingham, Massachusetts.

Definitive Healthcare Corp.

Equiant provides loan servicing that includes loan portfolio management, payment processing, portfolio analysis and reporting, and delinquency and default management, self-described as innovative.

Equiant

InstaMed, a J.P. Morgan company, is a healthcare payments technology company that powers a better healthcare payments experience by connecting consumers, providers, and payers for every healthcare payment transaction. They focus on driving electronic transactions, processing payments, and moving healthcare data seamlessly to improve consumer satisfaction.

Metric
Company Name	Cotiviti	Definitive Healthcare Corp.	Equiant	InstaMed
Symbol		DH
MSH ID	COM:COTIVITI	COM:DEFINITIVEHC	COM:EQUIANT	COM:INSTAMED
Market	PRIVATE	STOCKS	PRIVATE	PRIVATE
Sector	Healthcare & Health Services	Healthcare	Financial Services & Finance	Financial Services & Finance
Industry	Healthcare Analytics	Medical - Healthcare Information Services	Loan Servicing	Healthcare Technology
Country	US	US	US
Stage
Employee Count		950		251
Website	cotiviti.com	definitivehc.com	equiant.com	instamed.com
LinkedIn
Founders

Metric
Market Cap	600.29M
Enterprise Value
Monthly Web Traffic		15.30K
Web Traffic Growth		-0.66
Valuation
Raised Capital

Metric
Revenue		251.41M
Revenue (LTM)
Revenue (NTM)
Gross Profit		164.93M
EBITDA		20.84M
Operating Income		-30.91M
Net Income		-202.39M
EPS		-1.79
Diluted EPS		-1.79
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin		0.78
Operating Profit Margin		-0.96
EBITDA Margin		0.08
Net Profit Margin		-0.78
Return on Equity		-0.22
Return on Assets		-0.11
Return on Capital Employed		-0.15

COM:COTIVITI

Cotiviti

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio		-5.03
P/B Ratio		1.10
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio		3.63
EV Multiple		15.51

Metric
Days Sales Outstanding		61.27
Days Payables Outstanding		45.39
Days Inventory Outstanding		0.00
Operating Cycle		86.02
Cash Conversion Cycle		54.57
Asset Turnover		0.18

Metric
Operating Cash Flow		41.19M
Free Cash Flow		38.21M
Cash Flow to Debt		0.18
Operating Cash Flow/Sales		0.17
Free Cash Flow Yield		0.02

Metric
Cash & Equivalents		130.98M
Accounts Receivable		811K
Inventory
Goodwill		1.08B
Debt to Capitalization		0.28
Debt to Assets		0.15
Current Ratio		2.55
Quick Ratio		2.33

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue		0.19
R&D to Revenue		0.17
SG&A to Revenue		0.23