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Imagenet completes acquisition of CODY to enhance SaaS and services solutions for health plans

PRIVATEJan 14, 2025

Acquiring Company

Imagenet

Acquired Company

Cody Consulting Group

United StatesTampaHealth CareInformation TechnologySoftwareConsulting

Description

Imagenet, a leading digital mailroom, claims adjudication, and contact center solutions partner, has announced the acquisition of CODY. This acquisition will provide health plans serving the Medicare, Medicaid, and Commercial markets with a comprehensive suite of claims- and compliance-oriented solutions previously unavailable under a single vendor partner, and extends Imagenet's capabilities in member communications, compliance, enrollment, and reconciliation.

Quick answer

Imagenet is acquiring Cody Consulting Group, announced January 14, 2025. Imagenet is based in United States.

How much did Imagenet pay for Cody Consulting Group?
The deal value was not disclosed.
What does Imagenet do?
The company processes millions of claims and related structured and unstructured data elements annually.
Where are Imagenet and Cody Consulting Group based?
Imagenet is based in United States. Cody Consulting Group is based in Tampa, Florida, United States.
Who are the decision-makers at Imagenet?
Fundz holds 1 contact at Imagenet. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Imagenet

Location

United States

About

The company processes millions of claims and related structured and unstructured data elements annually. The company has also developed an innovative workflow technology platform, JetStream™, to help with traceability, governance and automation of claims operations for its clients. Since its founding in 1983, the firm has invested approximately $4.7 billion, actively targeting investments in the tech-enabled business services, software, and IT services industries. Imagenet provides digital transformation, claims adjudication and member and provider engagement services, acting as a mission-critical partner to these plans in enhancing engagement and satisfaction with plans' members and providers. Tom Stephens, Operating Partner with BV, added, "We look forward to bringing our experience and network to bear to help the Imagenet team execute on the exciting growth plan that we collectively built and are all behind."BV was represented by Choate, Hall & Stewart LLP and Baird, while Imagenet was represented by Newman Du Wors LLP and Hexagon Capital Alliance LLC.About ImagenetImagenet is a premier healthcare technology and tech-enabled services company that has advanced the automation of business processes and data management for health plans nationwide.

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Frequently asked

Who acquired Cody Consulting Group?

Cody Consulting Group was acquired by Imagenet, based in United States. The deal was reported on January 14, 2025. The company processes millions of claims and related structured and unstructured data elements annually. Imagenet is privately held and operates in Health Care.

When did Imagenet acquire Cody Consulting Group?

Imagenet's acquisition of Cody Consulting Group was reported on January 14, 2025. Imagenet, a leading digital mailroom, claims adjudication, and contact center solutions partner, has announced the acquisition of CODY. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cody Consulting Group do?

Cody Consulting Group, Inc. is a leading healthcare technology and consulting firm. CODY® bridges the gap between government agencies and plan sponsors to provide a unique “end-to-end enterprise solution” specifically for health plans. It is privately held, operating in Information Technology, and is based in Tampa.

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