– USA, GA – Cotiviti Holdings Inc. (NYSE:COTV) a leading provider of analytics-driven payment accuracy solutions primarily focused on the healthcare industry, announced today that Ruben J. King-Shaw, Jr., Managing Partner and Chief Investment Officer at healthcare focused private equity firm Mansa Capital, LLC, was elected to Cotiviti’s Board of Directors as an independent director.
“We are very pleased to welcome Ruben to Cotiviti’s Board,” said David Swift, Chairman of the Board of Directors. “He brings considerable experience in health policy, economics and the health care insurance industry that, combined with his financial expertise, will add a valuable independent perspective to the Board and support our ongoing efforts to create long-term value for shareholders and clients.”
CEO Doug Williams stated, “As we continue to successfully execute against our growth strategy and bring value to our clients in the midst of a complex and rapidly changing health care environment, Ruben’s deep experience in the health care industry and business expertise will be tremendous assets to Cotiviti. He also brings a strong independent voice and I am very pleased to benefit from his counsel and the contributions he will make to the Board.”
Mr. King-Shaw is Managing Partner and Chief Investment Officer at Mansa Capital, LLC, a health care private equity investment firm specializing in early growth stage companies in the healthcare services and healthcare information technology sectors. Prior to assuming his current position in 2011, Mr. King-Shaw was the Chief Executive Officer of Mansa Equity Partners, Inc. Mr. King-Shaw currently serves on the Boards of Directors of ODH, Inc., NetHealth, Inc., and Steward Healthcare System, Inc., as well as the Boards of Directors of several of Mansa Capital’s portfolio companies. He previously served on the Board of Directors of iHealth Technologies, Inc., subsequent to its merger with Connolly Superholdings, Inc. in 2014, which resulted in the formation of Cotiviti Holdings, Inc. He also has extensive experience in the public health sector, having served as a member of the Medicare Program Advisory and Oversight Commission; Senior Advisor to the Secretary of the Department of the Treasury; and Deputy Administrator and Chief Operating Officer of the U.S. Department of Health and Human Services Centers for Medicare and Medicaid Services.
Mr. King-Shaw completed his undergraduate studies at Cornell University, earning a Bachelor of Science degree in Industrial and Labor Relations, and obtained both a Master of Health Service Administration and a Master of International Business degree from Florida International University.
About Cotiviti
Cotiviti is a leading payment accuracy provider that helps healthcare payers and retailers achieve their business objectives by unlocking value from the incongruities the company discovers in the complex interactions customers have with stakeholders. Cotiviti helps clients capture over $3 billion annually through improved payment accuracy. Cotiviti provides services to eight of the top ten U.S. healthcare payers and eight of the top ten U.S. retailers.
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