OverviewSuggest Edit

Cotiviti is a company that provides analytics-driven payment accuracy solutions primarily for the healthcare sector. Its services include payment policy management, coding validation, dental claim accuracy, FWA validation, clinical chart validation, COB Validation, payment data validation, contract compliance, fraud, waste, and abuse management.

TypePrivate
Founded1979
HQAtlanta, GA, US
Websitecotiviti.com
Employee Ratings3.3
Overall CultureD

Latest Updates

Employees (est.) (Jul 2021)3,612(+5%)
Revenue (FY, 2017)$678.7 M(+9%)
Share Price (Aug 2018)$44.7
Cybersecurity ratingBMore

Key People/Management at Cotiviti

Emad Rizk

Emad Rizk

President and Chief Executive Officer
Chris Coloian

Chris Coloian

Executive Vice President, Revenue and Growth
Kerri Eskin

Kerri Eskin

Executive Vice President, Human Resources
Peter P. Csapo

Peter P. Csapo

Chief Financial and Administrative Officer
Joe Morrissey

Joe Morrissey

Executive Vice President, Client Engagement
Richard Pozen

Richard Pozen

Chief Medical Officer
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Cotiviti Office Locations

Cotiviti has offices in Atlanta, South Jordan and Waltham
Atlanta, GA, US (HQ)
1 Glenlake Pkwy NE
South Jordan, UT, US
10701 S River Front Pkwy #200
Waltham, MA, US
201 Jones Rd 4th Floor
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Cotiviti Financials and Metrics

Summary Metrics

Founding Date

1979
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Cotiviti Revenue

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Cotiviti's revenue was reported to be $678.66 m in FY, 2017 which is a 8.6% increase from the previous period.
USD

Revenue (Q2, 2018)

177.5m

Gross profit (Q2, 2018)

112.7m

Gross profit margin (Q2, 2018), %

63.5%

Net income (Q2, 2018)

16.6m

EBIT (Q2, 2018)

33.4m

Cash (30-Jun-2018)

223.9m
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

541.3m625.2m678.7m

Revenue growth, %

15%9%

Cost of goods sold

204.6m251.8m251.1m

Gross profit

336.7m373.4m427.5m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

142.7m158.3m156.2m160.1m167.6m174.2m219.0m177.5m

Cost of goods sold

58.9m60.6m65.2m63.0m65.0m65.1m64.6m64.8m

Gross profit

83.9m97.7m91.1m97.2m102.6m109.1m154.5m112.7m

Gross profit Margin, %

59%62%58%61%61%63%71%64%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

149.4m110.6m165.5m

Accounts Receivable

78.9m67.7m83.8m

Prepaid Expenses

24.0m15.0m15.3m

Current Assets

263.0m202.4m276.0m
Quarterly
USDQ2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

45.7m43.8m128.5m137.4m123.0m189.3m223.9m

Accounts Receivable

74.7m83.3m62.1m87.2m83.5m73.5m74.6m

Prepaid Expenses

13.2m23.3m17.8m29.9m17.0m19.8m24.8m

Current Assets

179.4m194.0m215.6m263.0m231.9m296.5m335.3m
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

13.9m48.9m138.2m

Depreciation and Amortization

74.2m81.0m81.0m

Accounts Payable

(14.8m)(4.8m)(2.4m)

Cash From Operating Activities

63.2m189.2m175.1m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

8.1m19.0m23.6m27.0m48.1m67.5m53.9m70.5m

Depreciation and Amortization

20.0m40.1m60.5m20.8m41.9m62.7m21.6m43.2m

Accounts Payable

(2.2m)(1.3m)(4.4m)(841.0k)(194.0k)1.1m5.5m3.1m

Cash From Operating Activities

36.4m72.6m108.3m24.6m42.3m107.2m34.7m78.7m
USDFY, 2015

Debt/Equity

1.3 x

Debt/Assets

0.5 x

Financial Leverage

2.7 x
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Cotiviti Operating Metrics

FY, 2016FY, 2017

Customer Savings

$500 m$550 m

Facilities Leased (International)

65

Facilities Leased (US)

1921

Retail Customers

3530
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Cotiviti Acquisitions / Subsidiaries

Company NameDateDeal Size
RowdMap, Inc.July 10, 2017$100 m
Cotiviti Canada Corp.
Cotiviti Corporation
Cotiviti Domestic Holdings, Inc.
Cotiviti Europe Limited (UK)
Cotiviti India Pvt. Ltd.
Cotiviti Intermediate Holdings, Inc.
Cotiviti International Holdings, Inc.
Cotiviti Investments, LLC
Cotiviti, LLC
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Cotiviti Revenue Breakdown

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Cotiviti revenue breakdown by business segment: 89.2% from Healthcare and 10.8% from Global Retail and Other

Cotiviti Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Cotiviti Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Cotiviti Online and Social Media Presence

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Cotiviti Company Culture

  • Overall Culture

    D

    58/100

  • CEO Rating

    F

    46/100

  • Compensation

    D

    51/100

  • Diversity

    D

    53/100

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Cotiviti News and Updates

Veritas-Backed Cotiviti Weighs IPO at $15 Billion-Plus Value

Veritas-Backed Cotiviti Weighs IPO at $15 Billion-Plus Value

COTIVITI INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Cotiviti Holdings, Inc.

NEW ORLEANS, June 20, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Cotiviti Holdings, Inc. ("Cotiviti") (NYSE: COTV) to Verscend Technologies, Inc. Under...

WeissLaw LLP Investigates Cotiviti Holdings, Inc. Acquisition

NEW YORK, June 19, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Cotiviti Holdings, Inc. ("COTV" or the "Company") (NYSE: COTV) in connection with the proposed acquisition of the Company by...

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Cotiviti Holdings, Inc.

NEW YORK, June 19, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Cotiviti Holdings, Inc. (NYSE: COTV) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Veritas Capital. Stockholders will receive...

Cotiviti Blogs

Webinar: Moving beyond prepay vs. postpay

“Our preference has always been to get as much prepayment as we could, because it tends to be more efficient and create less hassle and frustration for the physicians who are usually the ones that bear the brunt of the editing.” That’s how the chief executive officer of one health plan r…

Video: Ensuring that healthcare data is shared ethically

To care for their members and patients, payers and providers must often share significant amounts of healthcare data across organizations—and ensure that data is protected and only shared appropriately. In an interview with HIMSS TV, Nicole Neumarker, executive vice president, developmen…

Busted: The top fraud schemes of Q2 2021

From fraudulent COVID-19 tests to fake requests for durable medical equipment (DME), this spring was full of attempts to defraud healthcare payers. Here, we’ve gathered some of the most egregious cases of alleged fraud, waste, and abuse (FWA) from April through June 2021 with help from t…

5 tips for improving and sustaining member satisfaction

With the HEDIS® season over and bids having been submitted for calendar year (CY) 2022, Medicare Advantage plans have a breather before summer enrollment education sessions, official Health Outcomes Surveys (HOS), and plan Annual Notice of Changes (ANOCs) are due. As usual, the “breathi…

Webinar: Staying active during a shorter HEDIS off-season

If there’s anything that we learned in 2020 and 2021, it’s the importance of being proactive. We understand better than ever that healthcare is dynamic, and our approach can’t be static if we’re going to succeed. We need to prepare to learn, plan, and actively adapt to be resilient. As w…

The right payment solution at the right time: 3 takeaways from Cotiviti’s new research

Preventing an inappropriate claim from being paid in the first place versus recovering an overpayment after the fact is always the ideal approach for health plans—but in many cases, this simply isn’t possible. For example, identifying fraud or abuse typically requires health plans to ret…
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Cotiviti Frequently Asked Questions

  • When was Cotiviti founded?

    Cotiviti was founded in 1979.

  • Who are Cotiviti key executives?

    Cotiviti's key executives are Emad Rizk, Chris Coloian and Kerri Eskin.

  • How many employees does Cotiviti have?

    Cotiviti has 3,612 employees.

  • What is Cotiviti revenue?

    Latest Cotiviti annual revenue is $678.7 m.

  • What is Cotiviti revenue per employee?

    Latest Cotiviti revenue per employee is $187.9 k.

  • Who are Cotiviti competitors?

    Competitors of Cotiviti include PRGX Global, InstaMed and SCIO Health Analytics.

  • Where is Cotiviti headquarters?

    Cotiviti headquarters is located at 1 Glenlake Pkwy NE, Atlanta.

  • Where are Cotiviti offices?

    Cotiviti has offices in Atlanta, South Jordan and Waltham.

  • How many offices does Cotiviti have?

    Cotiviti has 3 offices.