Cotiviti Holdings

Cotiviti Holdings provides analytics-driven payment accuracy solutions primarily for the healthcare sector. The Company operates through two segments: Healthcare, and Global Retail and Other. Cotiviti offers prospective claims accuracy solutions that enable healthcare clients identify and address claim discrepancies immediately following claim adjudication and before a claim is paid to a healthcare provider; and retrospective claims accuracy solutions that enable health insurers identify and resolve payment inaccuracies after a claim has been paid to a healthcare provider. The Company also provides analytics and support services, including anti-fraud, waste and abuse analytics to identify abnormal patterns in coding and billing practices; surveillance and longitudinal analytics; and claims history analytics to identify areas for direct interaction, as well as to identify policy and program changes that can enhance future payment accuracy.

Company Growth (employees)
Type
Public
HQ
Atlanta, US
Founded
2012
Size (employees)
2,806 (est)
Cotiviti Holdings was founded in 2012 and is headquartered in Atlanta, US

Cotiviti Holdings Office Locations

Cotiviti Holdings has offices in Atlanta, Burlington, Stevenage, Secunderabad and in 12 other locations
Atlanta, US (HQ)
700 115 Perimeter Center Pl
Secunderabad, IN
Campus Capital Apartment Musheerabad Main Rd
Burlington, CA
3 3325 N Service Rd
Show all (16)

Cotiviti Holdings Data and Metrics

Cotiviti Holdings Financial Metrics

Cotiviti Holdings's revenue was reported to be $160.1 m in Q1, 2017
USD

Revenue (Q1, 2017)

160.1 m

Gross profit (Q1, 2017)

97.2 m

Gross profit margin (Q1, 2017), %

61%

Net income (Q1, 2017)

27 m

EBIT (Q1, 2017)

34.1 m

Market capitalization (17-Aug-2017)

3.3 b

Cash (31-Mar-2017)

128.5 m
Cotiviti Holdings's current market capitalization is $3.3 b.
USDFY, 2016

Revenue

625.2 m

Cost of goods sold

251.8 m

Gross profit

373.4 m

Gross profit Margin, %

60%

Sales and marketing expense

229.6 m

Operating expense total

491.2 m

EBIT

134 m

EBIT margin, %

21%

Interest expense

48.7 m

Pre tax profit

69.8 m

Income tax expense

21 m

Net Income

48.9 m
USDQ2, 2016Q3, 2016Q1, 2017

Revenue

158.3 m156.2 m160.1 m

Cost of goods sold

60.6 m65.2 m63 m

Gross profit

97.7 m91.1 m97.2 m

Gross profit Margin, %

62%58%61%

Sales and marketing expense

55.3 m58.5 m56.3 m

Operating expense total

55.3 m58.5 m56.3 m

EBIT

38.9 m24.2 m34.1 m

EBIT margin, %

25%15%21%

Interest expense

14.7 m9.6 m8.4 m

Pre tax profit

17.6 m5.3 m26.1 m

Income tax expense

6.7 m711 k(861 k)

Net Income

19 m23.6 m27 m
USDFY, 2016

Cash

110.6 m

Accounts Receivable

1.6 m

Inventories

15 m

Current Assets

202.4 m

PP&E

67.6 m

Goodwill

1.2 b

Total Assets

2 b

Accounts Payable

7.8 m

Total Debt

762.2 m

Current Liabilities

171.4 m

Non-Current Liabilities

891.5 m

Total Liabilities

1.1 b

Common Stock

91 k

Additional Paid-in Capital

911.6 m

Retained Earnings

33.9 m

Total Equity

939.3 m

Debt to Equity Ratio

0.8 x

Debt to Assets Ratio

0.4 x

Financial Leverage

2.1 x
USDQ2, 2016Q3, 2016Q1, 2017

Cash

45.7 m43.8 m128.5 m

Current Assets

179.4 m194 m215.6 m

PP&E

60.7 m63.8 m70.3 m

Goodwill

1.2 b1.2 b1.2 b

Total Assets

2 b2 b2 b

Current Liabilities

154.2 m168.6 m143.1 m

Non-Current Liabilities

962.4 m928.5 m883.9 m

Common Stock

90 k90 k92 k

Additional Paid-in Capital

888.9 m906 m921.2 m

Retained Earnings

4 m8.6 m60.9 m

Total Equity

886.8 m908.4 m975.9 m

Financial Leverage

2.3 x2.2 x2.1 x
USDFY, 2016

Net Income

48.9 m

Depreciation and Amortization

81 m

Accounts Receivable

11.1 m

Cash From Operating Activities

189.2 m

Cash From Investing Activities

(34 m)

Long-term Borrowings

(1.1 b)

Dividends Paid

(150 m)

Cash From Financing Activities

(193.3 m)

Interest Paid

43.2 m

Income Taxes Paid

25.4 m
USDQ2, 2016Q3, 2016Q1, 2017

Net Income

19 m23.6 m27 m

Depreciation and Amortization

40.1 m60.5 m20.8 m

Accounts Receivable

4.2 m(4.5 m)5.7 m

Cash From Operating Activities

72.6 m108.3 m24.6 m

Cash From Investing Activities

(21.4 m)(9.7 m)

Long-term Borrowings

(240.2 m)(1.1 b)(4.5 m)

Dividends Paid

(150 m)(150 m)

Cash From Financing Activities

(163.2 m)(192.2 m)2.9 m

Interest Paid

27.8 m35.9 m7.6 m

Income Taxes Paid

11.3 m24.4 m649 k
USDY, 2017

Revenue/Employee

57.1 k

Financial Leverage

2.1 x

Cotiviti Holdings Market Value History

Traffic Overview of Cotiviti Holdings

Cotiviti Holdings Online and Social Media Presence

Cotiviti Holdings Company Life and Culture

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