Financial News
Cotiviti Appoints Zane Burke to Board of Directors
Healthcare Technology Industry Veteran to Help Drive Transformational Growth and Innovation
Cotiviti, Inc. (“Cotiviti”), a leading provider of data-driven healthcare solutions, today announced the appointment of Zane Burke to the Board of Directors. Mr. Burke brings over two decades of leadership experience in the healthcare technology sector.
“We are pleased to welcome Zane to Cotiviti’s Board of Directors,” said Dr. Emad Rizk, Chairman, President and CEO of Cotiviti. “With decades of experience leading global healthcare businesses, Zane has an established track record of driving growth and innovation. As Cotiviti continues to deliver cutting edge solutions and drive greater impact in the healthcare marketplace, Zane’s perspective and expertise will be tremendously valuable.”
Mr. Burke recently served as the CEO of Livongo Health, a consumer digital health company, and helped lead its October 2020 merger with telehealth company Teledoc Health. Mr. Burke previously served as the President of Cerner Corporation, where he spent 18 years advancing healthcare technology adoption by leading hospitals and health systems around the world.
“I’m excited to join Cotiviti’s Board of Directors and help support the growth of a leader in healthcare technology, data and analytics,” said Burke. “Very few platforms have Cotiviti’s access to diverse, longitudinal healthcare data and demonstrated customer ROI. Cotiviti is using technology to reduce the cost of care and to improve quality and outcomes for all stakeholders. I’m confident Cotiviti can leverage these advantages to continue expanding share in its core markets while delivering technological innovation and transformative products to its customers.”
Cotiviti is backed by Veritas Capital, a longstanding investor in companies operating at the intersection of technology and government in markets such as healthcare, education and national security. Veritas acquired Cotiviti in 2018. Mr. Burke will join representatives from Veritas on the Board of Directors.
About Cotiviti
Cotiviti is a leading solutions and analytics company that is reshaping the economics of healthcare, helping its clients uncover new opportunities to unlock value. Cotiviti’s solutions are a critical foundation for healthcare payers in their mission to lower healthcare costs and improve quality through higher performing payment accuracy, quality improvement, risk adjustment, and network performance management programs. Cotiviti’s healthcare solutions are powered by Caspian Clarity, a proprietary data and analytics platform spanning thousands of unique member and provider data types across financial and clinical domains, representing the most comprehensive longitudinal data set in healthcare. The company also supports the retail industry with data management and recovery audit services that improve business outcomes. For more information, visit www.cotiviti.com.
About Veritas Capital
Veritas is a longstanding investor in companies operating at the intersection of technology and government. The firm invests in companies that provide critical products and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide, including those operating in the healthcare, national security, software, education, aerospace & defense, government services, communications, and energy industries. Veritas seeks to create value by strategically transforming the companies in which it invests through organic and inorganic means.
Leveraging technology to make a positive impact across vitally important areas, such as healthcare, education, and national security, is core to Veritas. We are proud stewards of national assets, helping to improve the quality of healthcare while reducing cost, advance our educational system, and protect our nation and allies. For more information, visit www.veritascapital.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210412005141/en/
Contacts
Cotiviti & Veritas Capital
Julie Rudnick / Kevin Siegel
Sard Verbinnen & Co
VeritasCapital-SVC@sardverb.com
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