New Mountain Capital has completed a strategic investment in SmarterDx, according to a news release.
SmarterDx, founded in 2020 and based in New York, develops clinical artificial intelligence focused on revenue integrity and care quality.
New Mountain, based in New York, is a growth-oriented investment firm. Founded in 1999, the firm manages private equity, credit and net lease real estate funds with approximately $55 billion in assets under management.
Terms of the investment were not disclosed.