Multiplan Corp

MultiPlan Corp. provides healthcare cost management solutions. It uses technology-enabled provider network, negotiation, claim pricing and payment accuracy services as building blocks for medical and dental payors to customize the healthcare cost management programs. The company was founded in 1980 and is headquartered in New York, NY.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Multiplan Corp reports 2022 results, eyes growth amid revenue decline

Multiplan Corp's 2022 performance showcased significant processed medical charges and potential savings.
While facing challenges like revenue declines and impairment charges, the company aims for growth in 2023.
Opportunities lie in launching new products, data analytics services, and capital allocation strategies.
Steady performance in certain procedures provides stability amidst the financial outlook.

Multiplan Corp (MPLN) reports solid Q1 earnings and unveils growth initiatives

Multiplan Corp (MPLN) reported solid Q1 2023 results with a focus on revenue growth, adjusted EBITDA, and strategic initiatives.
The company is optimistic about meeting its full year 2023 guidance and is actively investing in innovation and debt reduction.
Challenges include revenue declines sequentially, operational efficiency optimization, and maintaining competitive positioning in key segments.

MultiPlan Corp reports strong Q2 earnings, eyes revenue growth

MultiPlan Corp's Q2 performance reflects solid financial results and strategic initiatives driving revenue growth and operational efficiency.
The company's strengths lie in its transformation strategy, new service introductions, and prudent capital allocation priorities supporting growth.
While facing challenges in market scrutiny and execution complexities, MultiPlan sees opportunities in revenue expansion, partnerships, and innovation for future success.

Multiplan Corp (MPLN) reports Q3 results, narrows full-year guidance

Multiplan Corp (MPLN) navigates revenue challenges with sequential growth and strong EBITDA margin. Focus on utilization trends, growth targets, and regulatory compliance for future success. Company maintains a robust financial position and strategic outlook for 2024.

MultiPlan reports Q4 revenue growth, eyes data-driven healthcare opportunities

MultiPlan's financial performance in Q4 2023 showed revenue growth and strong adjusted EBITDA, with a focus on debt reduction and strategic investments.
The company faces challenges in contract renewals and utilization pressure in the senior market, but sees opportunities in data initiatives and curated networks.
With a clear growth plan for 2024 and a new CEO emphasizing technology and data assets, MultiPlan aims to navigate challenges and capitalize on opportunities in the healthcare industry.

MultiPlan Corp reports Q1 growth amidst challenges, eyes market expansion

MultiPlan Corp navigated challenges from a cybersecurity incident, focusing on growth strategies, operational efficiency, and talent alignment.
Despite revenue impact, the company achieved positive metrics, signed new contracts, and reaffirmed commitment to growth and debt reduction.
Emphasis on product development, data utilization, and market expansion highlights MultiPlan's evolution and commitment to excellence in healthcare.

Multiplan Corp reports solid Q3 performance amidst industry challenges

Multiplan Corp's Q3 performance reflects a focus on client relationships, cost efficiency, and revenue growth amidst industry challenges.
The company's strengths in data insights, technology transformation, and legal defense position it for future success and resilience.
Challenges include revenue guidance changes, client attrition, and managing legal expenses, requiring strategic management.
Opportunities in Vision 2030 investments, revenue yield stability, and market differentiation offer avenues for growth and sustainability.

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MultiPlan Corp. engages in providing data analytics and technology-enabled solutions. It focuses on analytics-based services, data and decision science services, network-based services, payment and revenue integrity services, surprise billing services, and MultiPlan payments. The company was founded in 1980 and is headquartered in New York, NY.

NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (NYSE:MPLN), a leading value-added provider of data analytics and technology-enabled end-to-end cost management, payment and revenue integrity solutions to the U.S. healthcare industry, announced today that its Dynamic Negotiation Offer solution has been selected as the winner of the “Best Healthcare InsurTech Solution Provider” award in the 7th annual MedTech Breakthrough Awards. MedTech Breakthrough Awards recognize the best companies, products.

MultiPlan Wins 2023 “Best Healthcare InsurTech Solution Provider” MedTech Breakthrough Award

MultiPlan Corporation (NYSE:MPLN ) Q1 2023 Earnings Conference Call May 4, 2023 8:00 AM ET Company Participants Shawna Gasik - AVP of IR Dale White - President, CEO and Director Jim Head - CFO and EVP Conference Call Participants Joshua Raskin - Nephron Research Steven Valiquette - Barclays Luismario Higuera - Citigroup Operator Hello, and welcome to today's MultiPlan Corporation First Quarter 2023 Earnings Conference. My name is Bailey, and I'll be the moderator for today's call.

MultiPlan Corporation (MPLN) Q1 2023 Earnings Call Transcript

Q1 2023 Revenues of $236.6 million, Net Income of $0.2 million, and Adjusted EBITDA of $156.3 million. Identified potential medical cost savings of approximately $5.6 billion in Q1 2023, up 3% from Q4 2022

MultiPlan Reports First Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--MultiPlan Corporation (“MultiPlan” or the “Company”) (NYSE: MPLN), a leading value-added provider of data analytics and technology-enabled end-to-end cost management, payment and revenue integrity solutions to the U.S. healthcare industry, today announced that it will release its first quarter 2023 financial results on Thursday, May 4, 2023, and hold its conference call that morning at 8:00 am Eastern Time.

MultiPlan Corporation Announces First Quarter 2023 Earnings Conference Call

MultiPlan Corporation (NYSE:MPLN ) Q4 2022 Results Conference Call February 28, 2023 8:00 AM ET Company Participants Shawna Gasik - AVP of Investor Relations Dale White - President, CEO and Director Jim Head - CFO and Executive VP Conference Call Participants Marco Criscuolo - Nephron Steven Valiquette - Barclays Daniel Grosslight - Citigroup Rishi Parekh - JPMorgan Chase Operator Ladies and gentlemen, welcome to MultiPlan Corporation Fourth Quarter 2022 Earnings Conference Call. My name is Glenn, and I'll be the moderator for today's call.

MultiPlan Corporation (MPLN) Q4 2022 Earnings Call Transcript

Q4 2022 Revenues of $241.1 million, Net Loss of $650.1 million (including a $662.2 million impairment of goodwill and indefinite-lived intangible assets) and Adjusted EBITDA of $161.5 million.

MultiPlan Reports Fourth Quarter and Full Year 2022 Results

NEW YORK--( BUSINESS WIRE )--MultiPlan Corporation (“MultiPlan” or the “Company”) (NYSE: MPLN), a leading value-added provider of data analytics and technology-enabled end-to-end cost management, payment and revenue integrity solutions to the U.S. healthcare industry, today announced that it will release its fourth quarter and full year 2022 financial results on Tuesday, February 28, 2023, and hold its conference call that morning at 8:00 am Eastern Time.

MultiPlan Corporation Announces Fourth Quarter and Full Year 2022 Earnings Conference Call

NEW YORK--( BUSINESS WIRE )--MultiPlan Corporation (NYSE:MPLN), a leading provider of data analytics and technology-enabled cost management, payment and revenue integrity services to the U.S. healthcare industry, is pleased to announce that Carol Nutter has joined the company as Chief People Officer.

MultiPlan Welcomes New Chief People Officer

NEW YORK--( BUSINESS WIRE )--MultiPlan Corporation (NYSE:MPLN) (“MultiPlan” or the “Company”), a leading value-added provider of data analytics and technology-enabled end-to-end cost management, and payment and revenue integrity solutions to the U.S. healthcare industry, today announced Alwyn van Heerden joined MultiPlan as Vice President of Strategy and Corporate Development, effective November 14, 2022.

Alwyn van Heerden Joins MultiPlan as Vice President of Strategy and Corporate Development

NEW YORK--( BUSINESS WIRE )--MultiPlan Corporation (NYSE:MPLN) (“MultiPlan” or the “Company”), a leading value-added provider of data analytics and technology-enabled end-to-end cost management, payment and revenue integrity solutions to the U.S. healthcare industry, announced that the Company and certain current and former directors have entered into a settlement agreement to resolve a consolidated class action lawsuit that has been pending since March 2021. The settlement agreement expressly provides that the settlement does not constitute an admission by the defendants or a finding that the claims asserted had any merit, and the defendants continue to strongly deny the allegations of liability in the lawsuit. We expect that, upon approval by the court, the settlement will bring to an end all pending shareholder litigation against the Company and its directors.

MultiPlan Corporation Announces Settlement of Delaware Litigation

NEW YORK--( BUSINESS WIRE )--MultiPlan Corporation (NYSE:MPLN) (“MultiPlan” or the “Company”), a leading value-added provider of data analytics and technology-enabled end-to-end cost management, payment and revenue integrity solutions to the U.S. healthcare industry, today announced that members of its management team will participate in person at the following conference:

MultiPlan Corporation Announces Participation at Upcoming Conference

NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (NYSE:MPLN) (“MultiPlan” or the “Company”), a leading value-added provider of data analytics and technology-enabled end-to-end cost management, payment and revenue integrity solutions to the U.S. healthcare industry, announces Ben Perryman, Chief Data Scientist, Vice President of Data Services and Evan Pollack, Chief Medical Officer, Medical Audit and Review Solutions to discuss the combined approach to using both artificial and human intelligenc

Merging Artificial and Human Intelligence to Pursue Payment Integrity–MultiPlan's Ben Perryman and Evan Pollack to speak at the NHCAA Annual Training Conference

MultiPlan Corporation (NYSE:MPLN ) Q3 2022 Earnings Conference Call November 8, 2022 8:00 AM ET Company Participants Shawna Gasik - AVP, IR Dale White - CEO Jim Head - CFO Conference Call Participants Joshua Raskin - Nephron Research LLC Daniel Grosslight - Citigroup Cindy Motz - Goldman Sachs Steven Valiquette - Barclays Rishi Parekh - JPMorgan Operator Hello, everyone, and thank you for joining the MultiPlan Corporation Third Quarter 2022 Earnings Conference. My name is Darius and I'll be the operator for today.

MultiPlan Corporation (MPLN) Q3 2022 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--MultiPlan Reports Third Quarter 2022 Results and Updates 2022 Guidance

MultiPlan Reports Third Quarter 2022 Results and Updates 2022 Guidance

NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (NYSE:MPLN) (“MultiPlan” or the “Company”), a leading value-added provider of data analytics and technology-enabled end-to-end cost management, payment and revenue integrity solutions to the U.S. healthcare industry, announces Susan Mohler, Senior Vice President, Marketing & Product Management, will discuss changes that payors are making in response to the No Surprises Act at the Texas Covered Health Care Conference in Austin, Texas on Novemb

Navigating the No Surprises Act – MultiPlan's Susan Mohler to Speak at the Texas Covered Health Care Conference Nov. 8

NEW YORK--(BUSINESS WIRE)--MultiPlan Corporation Announces Third Quarter 2022 Earnings Conference Call

MultiPlan Corporation Announces Third Quarter 2022 Earnings Conference Call

NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (NYSE:MPLN) (“MultiPlan” or the “Company”), a market-leading, technology-enabled provider of end-to-end healthcare cost management solutions, announced today its designation as a Great Place to Work-Certified™ company for 2022-2023. This distinction is based entirely on what current employees say about their experiences working at MultiPlan and the Company's philosophy for operating with trust, transparency, and integrity at every level of the or

MultiPlan Earns Great Place to Work Certification™

MultiPlan Corporation (NYSE:MPLN ) Q2 2022 Earnings Conference Call August 4, 2022 10:00 AM ET Company Participants Shawna Gasik - Investor Relations Dale White - Chief Executive Officer Jim Head - Chief Financial Officer Conference Call Participants Joshua Raskin - Nephron Research Daniel Grosslight - Citi Cindy Motz - Goldman Sachs Operator Good morning and thank you for attending today's MultiPlan Corporation Second Quarter 2022 Earnings Conference Call. My name is Austin and I will be your moderator for today.

MultiPlan Corporation (MPLN) CEO Dale White on Q2 2022 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--MultiPlan Corporation (“MultiPlan” or the “Company”) (NYSE: MPLN), a leading value-added provider of data analytics and technology-enabled end-to-end cost management, payment and revenue integrity solutions to the U.S. healthcare industry, today reported financial results for the second quarter ended June 30, 2022. “Once again, MultiPlan delivered strong operating results in second quarter 2022,” said Dale White, CEO of MultiPlan. “Moreover, we achieved several new mi

MultiPlan Reports Second Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--MultiPlan Corporation Announces Second Quarter 2022 Earnings Conference Call

MultiPlan Corporation Announces Second Quarter 2022 Earnings Conference Call

The stock is still up more than 12% this year.

Why Shares of MultiPlan Corporation Dropped 11.1% on Tuesday

LOS ANGELES--(BUSINESS WIRE)---- $MPLN #MPLN--INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in MultiPlan Corporation with Losses to Contact the Firm

INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in MultiPlan Corporation with Losses to Contact the Firm

NEW YORK--(BUSINESS WIRE)--MultiPlan Corporation (NYSE:MPLN), a leading provider of data analytics and technology-enabled cost management and payment and revenue integrity solutions to the U.S. healthcare industry, today announced it is making a $15 million investment in Abacus Insights, a leading data management and interoperability platform that enables health plans and their providers to create a more personalized healthcare experience for consumers. “As a proven data and analytics leader in

MultiPlan Invests in a Leading Data Management and Interoperability Platform

BOSTON--(BUSINESS WIRE)-- #healthcare--Abacus Insights, a leader in data management and interoperability solutions for healthcare payors, announced it has raised a $28 million Series C round from new and returning investors. The latest round was led by new investor, MultiPlan Corporation (NYSE:MPLN) (“MultiPlan”), a leading value-added provider of data analytics, cost management, and payment and revenue integrity solutions to the U.S. healthcare industry. MultiPlan is joined in this investment by returning i

Abacus Insights, Leader in Health Plan Data Solutions, Raises $28 Million Series C Financing

Healthcare technology tickers have been one of the hardest-hit industries on the market and MultiPlan Corporation appears to be trading at a 70%+ discount based on certain valuation models. MultiPlan processed roughly $31.7B in claim charges during the quarter and identified ~$5.6B in potential cost savings. As a result, the company's Q1 revenues came in at $298M.

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