Cahill represented the financing sources in connection with Bain Capital-backed HealthEdge's merger with UST HealthProof.
Financial terms of the transaction were not disclosed.
This transaction follows Bain Capital's acquisition of HealthEdge from funds managed by Blackstone earlier this year, in which Cahill also represented the financing sources.
Under Bain Capital's ownership, the combined company will operate as HealthEdge and be headquartered in Boston, offering an AI-powered claims operating system for payers with end-to-end capabilities across claims, payments, care and utilization management, payment integrity, and member engagement. The unified platform will serve more than 110 million individuals.
Learn more here.