Cotiviti Holdings, Inc., through its subsidiaries, provides analytics-driven payment accuracy and spend management solutions primarily for the healthcare sector in the United States, Canada, the United Kingdom, and India. It operates through two segments, Healthcare, and Global Retail and Other. The company offers prospective claims accuracy solutions that enable healthcare clients identify and address claim discrepancies immediately following claim adjudication and before a claim is paid to a healthcare provider; and retrospective claims accuracy solutions that enable health insurers identify and resolve payment inaccuracies after a claim has been paid to a healthcare provider. It also provides analytics and support services, including anti-fraud, waste, and abuse analytics to identify abnormal patterns in coding and billing practices; surveillance and longitudinal analytics; and claims history analytics to identify areas for direct interaction, as well as to identify policy and program changes that can enhance future payment accuracy. The company was formerly known as Connolly Superholdings, Inc. and changed its name to Cotiviti Holdings, Inc. in September 2015. Cotiviti Holdings, Inc. was founded in 1979 and is headquartered in Atlanta, Georgia.
Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
Phone770-379-2800
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableOptionable
Cotiviti (NYSE:COTV) Frequently Asked Questions
What is Cotiviti's stock symbol?
Cotiviti trades on the New York Stock Exchange (NYSE) under the ticker symbol "COTV."
How were Cotiviti's earnings last quarter?
Cotiviti Holdings Inc (NYSE:COTV) released its quarterly earnings data on Thursday, July, 26th. The business services provider reported $0.46 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.45 by $0.01. The business services provider had revenue of $176.85 million for the quarter, compared to the consensus estimate of $183.38 million. The company's revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.38 EPS. View Cotiviti's Earnings History.
What price target have analysts set for COTV?
7 brokers have issued 12-month price objectives for Cotiviti's shares. Their forecasts range from $24.00 to $48.00. On average, they anticipate Cotiviti's share price to reach $33.95 in the next twelve months. View Analyst Price Targets for Cotiviti.
What is the consensus analysts' recommendation for Cotiviti?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cotiviti in the last year. There are currently 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cotiviti.
Has Cotiviti been receiving favorable news coverage?
News articles about COTV stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cotiviti earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned news headlines about the business services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term.
Who are some of Cotiviti's key competitors?
Some companies that are related to Cotiviti include Coupon Express (CPXP), EFactor Group (EFCT), Live Current Media (LIVC), Local (LOCMQ), Mecklermedia (MECK), MMRGlobal (MMRF), Nsav (NSAV), Reis (REIS), RightsCorp (RIHT), RMG Networks (RMGN), Sparta Commercial Services (SRCO) and The9 (NCTY).
What other stocks do shareholders of Cotiviti own?
Who are Cotiviti's key executives?
Cotiviti's management team includes the folowing people:
- Mr. J. Douglas Williams, CEO & Director (Age 56)
- Mr. David R. Beaulieu, Sr. VP & COO (Age 61)
- Mr. Jonathan Olefson, Sr. VP, Gen. Counsel & Sec. (Age 42)
- Mr. Nord E. Samuelson, Sr. VP & Chief Digital Officer (Age 53)
- Ms. Adrienne E. Calderone CPA, VP & Controller (Age 51)
When did Cotiviti IPO?
(COTV) raised $225 million in an initial public offering on Thursday, May 26th 2016. The company issued 12,500,000 shares at $17.00-$19.00 per share. Goldman Sachs and J.P. Morgan acted as the underwriters for the IPO and Barclays, Citigroup, Credit Suisse, Morgan Stanley, RBC Capital Markets, SunTrust Robinson Humphrey, Baird and William Blair were co-managers.
What is Cotiviti's official website?
How can I contact Cotiviti?
Cotiviti's mailing address is One Glenlake Parkway Suite 1400, ATLANTA GA, 30328. The business services provider can be reached via phone at 770-379-2800 or via email at [email protected]
MarketBeat Community Rating for Cotiviti (NYSE COTV)
MarketBeat's community ratings are surveys of what our community members think about Cotiviti and other stocks. Vote "Outperform" if you believe COTV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe COTV will underperform the S&P 500 over the long term. You may vote once every thirty days.
