野花社区 / Delivering affordability, efficiency and fairness to the US healthcare system > Tue, 30 Apr 2024 15:49:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 /wp-content/uploads/2019/11/cropped-野花社区_SiteIcon-32x32.png 野花社区 / 32 32 野花社区 Announces Participation at Upcoming Conferences /multiplan-corporation-announces-participation-at-upcoming-conferences-7/ Tue, 30 Apr 2024 15:49:17 +0000 /?p=3441

April 30, 2024 – 野花社区 (NYSE:MPLN) (鈥溡盎ㄉ缜 or the 鈥淐ompany鈥), a leading provider of technology and data-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 conferences in May 2024:

  • Goldman Sachs Ninth Annual Leverage Finance and Credit Conference 鈥 Tuesday, May 14th, 2024, at the Terranea Resort, Rancho Palos Verde, CA
  • Bank of America Healthcare Conference 鈥 Wednesday, May 15, 2024, at the Encore Wynn, Las Vegas, NV (including a fireside chat at approximately 5:20 pm Eastern Time)
  • Barclays Leverage Finance Conference 鈥 Tuesday, May 21, 2024, at the Omni Barton Creek, Austin, TX

It is expected that current trends and first quarter 2024 performance will be discussed.

A live webcast and audio archive of the fireside chat at the Bank of America Healthcare Conference, if available, may be accessed through the investor relations section of 野花社区鈥檚 website at . Individuals who listen to the event will be presumed to have read 野花社区鈥檚 recent filings with the Securities and Exchange Commission. Following the presentation, a webcast replay will be available for 30 days.

About 野花社区

野花社区 is committed to bending the cost curve in healthcare by delivering transparency, fairness, and affordability to the US healthcare system. Our focus is on identifying medical savings, helping to lower out-of-pocket costs, and reducing or eliminating balance billing for healthcare consumers. Leveraging sophisticated technology, data analytics, and a team rich with industry experience, 野花社区 interprets customers鈥 needs and customizes innovative solutions that combine its payment and revenue integrity, network-based, data and decision science, and analytics-based services. 野花社区 delivers value to more than 700 healthcare payors, over 100,000 employers, 60 million consumers, and 1.4 million contracted providers. For more information, visit聽.

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野花社区 Announces First Quarter 2024 Earnings Conference Call /multiplan-corporation-announces-first-quarter-2024-earnings-conference-call/ Tue, 16 Apr 2024 19:40:55 +0000 /?p=3428

April 16, 2024 鈥 野花社区 (鈥溡盎ㄉ缜 or the 鈥淐ompany鈥) (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 it will release its first quarter 2024 financial results on Wednesday, May 8, 2024, and hold its conference call that morning at 8:00 am Eastern Time. 

Investors and analysts are encouraged to pre-register for the conference call by using the link below.  Participants who pre-register will receive access details via email. Pre-registration may be completed at any time up to and following the start of the call. 

To pre-register, go to:

A live webcast of the conference call can be accessed through the Investor Relations section of the Company鈥檚 website at . Participants should join the webcast ten minutes prior to the start of the conference call. The earnings press release and supplemental slide deck will also be available on this section of the Company鈥檚 website.

For those unable to listen to the live conference call, a replay will be available approximately two hours after the call through the archived webcast on the Investor Relations section of the Company鈥檚 website. For those requiring operator assistance please dial (404) 975-4839 or (833) 470-1428. The access code is 298805.

About 野花社区

野花社区 is committed to delivering affordability, efficiency, and fairness to the US healthcare system by helping healthcare payors manage the cost of care, improve their competitiveness and inspire positive change. Leveraging sophisticated technology, data analytics and a team rich with industry experience, 野花社区 interprets customers鈥 needs and customizes innovative solutions that combine its payment and revenue integrity, network-based and analytics-based, and data and decision science services. 野花社区 is a trusted partner to over 700 healthcare payors, brokers, employer groups, and supplemental carriers in the commercial health, government, and property and casualty markets. For more information, visit .

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NYT Articles – Our Response /nyt-articles-our-response/ Mon, 08 Apr 2024 16:41:16 +0000 /?p=3422 ]]>

We are aware of the articles recently published by the New York Times. We fundamentally disagree with the depiction of our position in the industry and the services that we provide. 野花社区 plays an incredibly vital role in the entire healthcare ecosystem – including providing value-add services to:

  • 1.4 million contracted providers
  • More than 100,000 employers and plan sponsors with 60 million plan members
  • Over 700 healthcare payors

Each of these stakeholders relies on 野花社区鈥檚 services and tools to avoid costly negotiations and ensure stronger and more efficient relationships between providers and payors, while ensuring market-based and fair pricing for healthcare services.

In fact, long before the passage of the No Surprises Act, 野花社区 has been committed to lowering out-of-network costs, reducing out-of-pocket expenses and removing balance bills from the healthcare system.

The article misses the fundamental economics of the healthcare system, in particular, out-of-network healthcare services pricing, and resultant claims processing and adjudication and the sources of balance bills in the out-of-network realm.

  • 野花社区 has provided network, negotiations, data analytics and other services for nearly 44 years that have improved price transparency, materially reduced or eliminated balance bills from providers given our widely accepted solutions and reduced the overall cost of care for all consumers of healthcare 鈥 payors, employers and patients.
  • In 2023 alone 野花社区 identified over $22B in savings for payors, employers and consumers in the healthcare industry.

野花社区 is and always has been focused on bending the cost curve in healthcare with fairness, efficiency, and affordability for consumers.

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野花社区 Appoints Jerry Hogge as Chief Operating Officer /multiplan-appoints-jerry-hogge-as-chief-operating-officer/ Thu, 07 Mar 2024 13:11:05 +0000 /?p=3346 Hogge鈥檚 Growth-Driven Expertise Bolsters 野花社区鈥檚 Next Phase of Growth and Innovation

March 7, 2024 鈥 野花社区 (NYSE: MPLN) (鈥溡盎ㄉ缜 or the 鈥淐ompany鈥), a leading value-added provider of data analytics and technology-enabled end-to-end cost management, as well as payment and revenue integrity solutions to the U.S. healthcare industry, today announced that Jerry Hogge will join the Company as Executive Vice President, Chief Operating Officer (COO).

Hogge is a highly accomplished operational and commercial leader who has excelled within the healthcare and telecommunications industries for over 30 years. He has a wide range of experience driving operational efficiency and growth in complex technology and services environments by leveraging new and existing technology products to expand market share, open new sectors, and diversify solution offerings. Hogge most recently served as Executive Vice President and Chief Operations Officer at CALIBRE Systems Inc. where he was responsible for both revenue growth and company operations. Before that, he was Senior Vice President at MITRE where he grew the Public Sector business from $650M to $900M in under three years. Prior to MITRE, Hogge led the Federal Health Solutions business at Leidos, more than doubling revenues from $300M to over $750M in six years and was the lead executive responsible for the $4.3B, ten-year contract award of the Defense Health Management System Modernization (DHMSM) program.

鈥淛erry brings a unique blend of operational excellence, strategic thinking, product development, team leadership, and expertise that aligns perfectly with the needs of our company as we take an aggressive step forward to get Fit for Growth and drive 野花社区 forward,” said Travis Dalton, CEO of 野花社区. 鈥淎s 野花社区 advances through the next phase of its evolution, I look forward to working closely with Jerry to refine and expand our service and solution offerings to bring enhanced value to our current customers as well as enable expansion into new customer verticals to bend the cost curve, and drive transparency, fairness, efficiency and affordability in the delivery of healthcare.鈥

As COO of 野花社区, Hogge will oversee day-to-day operations to ensure clarity, alignment and accountability, and a disciplined focus on operational efficiency and effectiveness that will position the organization for growth. Hogge鈥檚 focus will also include expanding upon 野花社区鈥檚 performance and accountability culture, ensuring that the full value and potential of our recent and past acquisitions are fully integrated and realized, by leading and working with the exceptional existing 野花社区 leadership team.

鈥淚 couldn鈥檛 be more delighted and honored to be a part of the 野花社区 team, and I look forward to working alongside the 2,800 professionals that have made the company such a great success.鈥 said Hogge. 鈥溡盎ㄉ缜檚 unwavering commitment to delivering fairness, efficiency, and affordability to the healthcare system is inspiring, and I鈥檓 excited to join the organization as we take the company to a new phase of accelerated growth through new offerings, new markets, and refined and scalable operational approaches.鈥

野花社区鈥檚 appointment of Hogge as COO continues the momentum of the recent growth plan-oriented announcement of Travis Dalton as 野花社区鈥檚 new CEO.

About 野花社区

野花社区 is committed to delivering affordability, efficiency, and fairness to the US healthcare system by helping healthcare payors manage the cost of care, improve their competitiveness, and inspire positive change. Leveraging sophisticated technology, data analytics, and a team rich with industry experience, 野花社区 interprets customers鈥 needs and customizes innovative solutions that combine its payment and revenue integrity, network-based, analytics-based, and data and decision science services. 野花社区 is a trusted partner to over 700 healthcare payors, brokers, employers and groups, and supplemental carriers in the commercial health, government, and property and casualty markets. For more information, visit .

Forward Looking Statements

This press release contains forward-looking statements. These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms 鈥渂elieves,鈥 鈥渆stimates,鈥 鈥渁nticipates,鈥 鈥渆xpects,鈥 鈥渟eeks,鈥 鈥減rojects,鈥 鈥渇orecasts,鈥 鈥渋ntends,鈥 鈥減lans,鈥 鈥渕ay,鈥 鈥渨ill鈥 or 鈥渟hould鈥 or, in each case, their negative or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts, including the discussion in this press release of the future prospects and growth of the Company. The forward-looking statements are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and speak only as of the date they are made. Any forward-looking statements that we make herein are not guarantees of future performance and actual results may differ materially from those in such forward-looking statements as a result of various factors. Factors that may impact such forward-looking statements also include the factors discussed under 鈥淩isk Factors鈥 in the Company鈥檚 Annual Report on Form 10-K for the fiscal year ended December 31, 2023; and other factors beyond our control. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. The Company鈥檚 periodic and other filings are accessible on the SEC鈥檚 website at . We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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野花社区 to present at Barclays 26th Annual Global Healthcare Conference /multiplan-corporation-to-present-at-barclays-26th-annual-global-healthcare-conference/ Mon, 04 Mar 2024 16:50:43 +0000 /?p=3325


March 4, 2024 
鈥 野花社区 (NYSE:MPLN) (鈥溡盎ㄉ缜 or the 鈥淐ompany鈥), a leading provider of technology and data-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 a fireside chat at the Barclays 26th Annual Global Healthcare Conference on March 12, 2024 at approximately 3:05 p.m. Eastern Daylight Time (EDT).

To listen to a live webcast of the event, please visit 野花社区鈥檚 website at  at least 15 minutes prior to the event to download and install any necessary audio software. Individuals who listen to the event will be presumed to have read 野花社区鈥檚 recent filings with the Securities and Exchange Commission. Following the presentation, a webcast replay will be available for 30 days.

About 野花社区

野花社区 is committed to delivering affordability, efficiency, and fairness to the US healthcare system by helping healthcare payors manage the cost of care, improve their competitiveness and inspire positive change. Leveraging sophisticated technology, data analytics and a team rich with industry experience, 野花社区 interprets customers鈥 needs and customizes innovative solutions that combine its payment and revenue integrity, network-based and analytics-based, and data and decision science services. 野花社区 is a trusted partner to over 700 healthcare payors, brokers, employer groups, and supplemental carriers in the commercial health, government, and property and casualty markets. For more information, visit multiplan.com.

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野花社区 Reports Fourth Quarter and Full Year 2023 Results /multiplan-reports-fourth-quarter-and-full-year-2023-results/ Thu, 29 Feb 2024 13:29:33 +0000 /?p=3310

鈥 Q4 2023 Revenues of $244.1 million, Net Loss of $31.4 million and Adjusted EBITDA of $156.8 million

鈥 Full Year 2023 Revenues of $961.5 million, Net Loss of $91.7 million and Adjusted EBITDA of $618.0 million

鈥 Identified potential medical cost savings of approximately $5.9 billion in Q4 2023, up 2.3% from Q3 2023 and up 9.4% from Q4 2022

鈥 In Full Year 2023, the Company deployed cash of $140.9 million for the acquisition of Benefits Science LLC (鈥淏ST鈥), $165.8 million toward open-market debt repurchases and repayment, and $15.2 million toward share repurchases

鈥 Full Year 2024 Revenues guidance of $1,000 million to $1,030 million and FY 2024 Adjusted EBITDA guidance of $630 million to $650 million

February 29, 2024 鈥 野花社区 (鈥溡盎ㄉ缜 or the 鈥淐ompany鈥) (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 fourth quarter and full year ended December 31, 2023.

鈥淎s we close out 2023, I am very encouraged by the progress we have made toward our long-term goal of transforming our business,鈥 said Dale White, CEO of 野花社区. 鈥淭hroughout the course of the year, we successfully executed on each of the initiatives under our new Growth Plan. We launched new products to enhance our core services, we established our new Data and Decision Science service line and accelerated the development of this line with the acquisition of BST, and we partnered with ECHO Health, Inc. to offer healthcare payment services. These and our other growth initiatives will help us expand our presence in faster-growing market segments, including Medicare Advantage, Medicaid, third-party administrator, and direct-to-employer, and set us on a path to diversify our revenues by market, customer and product.鈥

鈥淔urther, in 2023 we took steps to put our business on stronger footing by reducing our risk and improving our financial position,鈥 added Mr. White. 鈥淲e delivered on our expectation to resume growth in the second half and improved the visibility of our revenues, following the renewal of our contracts with our larger customers earlier in the year. We have also continued to reduce our debt, repurchasing and repaying $222 million of face value during the year, including $25 million of our 6.0% Senior Convertible PIK Notes repurchased in the fourth quarter. Reducing our debt remains among our highest priorities, and we expect to strengthen our balance sheet and optimize our capital structure as we grow revenues and cash flow over the next several years.鈥

鈥淎s we look forward to 2024,鈥 Mr. White continued, 鈥渨e are excited to welcome our new CEO, Travis Dalton, to the Company. Travis is precisely the right leader to guide us through the next chapter of our transformation, and he shares our confidence that our strategy for unlocking the value of our franchise through product diversification and new markets penetration will drive accelerated growth in 2024 and will amplify our growth trajectory in 2025 and beyond.鈥

Mr. White concluded, 鈥淲e remain incredibly proud of the critical role 野花社区 plays in the U.S. healthcare system. During 2023, we identified $22.9 billion of potential medical savings, and helped lower out-of-pocket costs and reduce or eliminate balance billing for millions of healthcare consumers. With the ongoing expansion and enhancement of our services and products, the company has never been better positioned to increase the value it delivers to more than 700 customers, over 100,000 employers, over 60 million consumers, and 1.4 million contracted providers.鈥

Business and Financial Highlights

  • Revenues of $244.1 million for Q4 2023, an increase of 1.3% over Q4 2022 revenues of $241.1 million.
  • Net loss of $31.4 million for Q4 2023, compared to net loss of $650.1 million for Q4 2022.
  • Adjusted EBITDA of $156.8 million for Q4 2023, compared to Adjusted EBITDA of $161.5 million for Q4 2022.
  • Revenues of $961.5 million for full year 2023, a decrease of 10.9% over full year 2022 revenues of $1,079.7 million.
  • Net loss for full year 2023 of $91.7 million, compared to net loss of $572.9 million for full year 2022.
  • Adjusted EBITDA of $618.0 million for full year 2023, compared to Adjusted EBITDA of $768.7 million for full year 2022.
  • Net cash provided by operating activities of $171.7 million for full year 2023, compared to $372.4 million for full year 2022.
  • Free Cash Flow of $62.9 million for full year 2023, compared to $282.6 million for full year 2022.
  • In Q4 2023, the Company used $17.6 million of cash to repurchase $25 million face value of its 6.0% Senior Convertible PIK Notes and used $2.0 million to repurchase shares of its common stock in the open market. The Company ended Q4 2023 with $71.5 million of unrestricted cash and cash equivalents on the balance sheet.
  • The Company processed $43.4 billion in medical charges during the fourth quarter 2023, identifying potential medical cost savings of approximately $5.9 billion. For the year ended December 31, 2023, the Company processed approximately $168.6 billion in medical charges and identified approximately $22.9 billion in potential medical cost savings compared to $155.2 billion medical charges and approximately $22.3 billion in potential medical cost savings for the year ended December 31, 2022.

2024 Financial Guidance

Financial MetricFull Year 2024 Guidance
Revenues$1,000 million to $1,030 million
Adjusted EBITDA1$630 million to $650 million
Interest expense$320 million to $330 million
Cash flow from operations$170 million to $200 million
Capital expenditures$120 million to $130 million
Depreciation$80 million to $90 million
Amortization of intangible assets$345 million to $350 million
Effective tax rate25% to 28%

The Company anticipates Q1 2024 revenues between $235 million and $250 million and Adjusted EBITDA between $150 million and $160 million.

Conference Call Information

The Company will host a conference call today, Thursday, February 29, 2024 at 8:00 a.m. U.S. Eastern Time (ET) to discuss its financial results. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will receive access details via email. Pre-registration may be completed at any time up to and following the call start time.

To pre-register, go to:

A live webcast of the conference call can be accessed through the Investor Relations section of the Company鈥檚 website at . Participants should join the webcast ten minutes prior to the start of the conference call. The earnings release and supplemental slide deck will also be available on this section of the Company鈥檚 website.

For those unable to listen to the live conference call, a replay will be available approximately two hours after the call through the archived webcast on the Investor Relations section of the Company鈥檚 website. For those requiring operator assistance please dial (404) 975-4839 or (833) 470-1428. The access code is 925922.

1 We have not reconciled the forward-looking Adjusted EBITDA guidance included above to the most directly comparable GAAP measure because this cannot be done without unreasonable effort due to the variability and low visibility with respect to certain costs, the most significant of which are incentive compensation (including stock-based compensation), transaction-related expenses (including expenses relating to the business combination), certain fair value measurements, which are potential adjustments to future earnings. We expect the variability of these items to have a potentially unpredictable, and a potentially significant, impact on our future GAAP financial results.

About 野花社区

野花社区 is committed to delivering affordability, efficiency, and fairness to the US healthcare system by helping healthcare payors manage the cost of care, improve their competitiveness and inspire positive change. Leveraging sophisticated technology, data analytics and a team rich with industry experience, 野花社区 interprets customers鈥 needs and customizes innovative solutions that combine its payment and revenue integrity, network-based and analytics-based, and data and decision science services. 野花社区 is a trusted partner to over 700 healthcare payors, brokers, employer groups, and supplemental carriers in the commercial health, government, and property and casualty markets. For more information, visit multiplan.com.

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What Property and Casualty Payors Need to Know About Out-of-Network Solutions /what-property-and-casualty-payors-need-to-know-about-out-of-network-solutions/ Tue, 13 Feb 2024 23:11:08 +0000 /?p=3267 In the property and casualty world, out-of-network medical bills are a large portion of all new bills. As an example, in Texas, out-of-network bills represented 53% of new workers鈥 compensation medical bills in 2022, .

As anyone who follows the industry knows, and as the same Texas study concludes, this is problematic because networks are generally more cost-efficient, and can facilitate better return to work and functional outcomes for injured workers.

Despite these obvious advantages, many states prohibit employers from directing injured workers to in-network providers. And even in states like Texas and California that do allow employers to direct employees to provider networks for a period of time and under certain circumstances, out-of-network bills are still a big driver of medical costs. In Texas, the 2022 Workers鈥 Compensation Network Report Card shows, per-claim medical costs for non-network bills were about 12% higher 18 months after injury than costs for network bills.

Top five considerations for property and casualty payors

Given this situation, property and casualty payors must take care in choosing an out-of-network solution. Here are our top five considerations when choosing an out-of-network solution for your workers鈥 compensation or auto medical bills.

1. Does the solution enhance traditional workers鈥 compensation and auto medical bill review processes?

Many managed care companies rely solely on bill review to reprice medical bills to a Usual & Customary rate or a state-mandated fee schedule. Our services can enhance traditional bill review processes in order to capture more savings, without disruptions. 野花社区 takes a multilayered approach to out-of-network property and casualty bills. This approach includes:

  • Data iSight, an alternative to Usual & Customary or Medicare-based repricing methodologies
  • Advanced Code Editing, designed to enhance traditional bill review processes with advanced analytics, physician-developed code rules and expert clinical reviews
  • Negotiation 野花社区, which secure signed agreements with providers

2. Is the repricing based on apples-to-apples comparisons?

In our experience, providers often object to Usual & Customary or Medicare-based pricing methodologies, saying the resulting reductions don鈥檛 allow them to make a profit. They may say that a procedure costs more at their facility because they operate in a rural area. Or they may say their costs are higher because they train physicians. 野花社区 limits these objections by using data from similar facilities, bills or professionals. This results in 89%-98% of providers accepting our reductions. Better still, savings typically ring up to 73% off billed charges. In 2022 in states without a state fee schedule (Missouri and New Hampshire) and for certain bill types (New Jersey and Arizona), Data iSight achieved $119,442,538 in savings below the bill review repriced amount. The bill review repriced amount includes both Usual and Customary and fee schedule repricing.

3. Is it backed by data?

Providers may not accept repriced bills if they do not understand how the amounts were calculated. That is why managed care services companies should not operate in a 鈥渂lack box鈥 pricing mode, as many do. Instead, a vendor must be able to explain their pricing methodology, citing the data used to develop their repricing rules. 野花社区 uses a database of over 1 billion paid Health Care Finance Administration (HCFA) bill lines. We also use publicly available sources for facility data.

4. Is the solution informed by clinical expertise?

When choosing an out-of-network repricing solution, you should ask whether physicians participated in the development of the solution. Do they intervene, when necessary, in validating any repricing findings? 野花社区 relied on the expertise of physicians when developing our Advanced Code Editing solution鈥檚 rules, or 鈥渇actors,鈥 which power our analytics. In addition, board-certified physicians or expert coders review findings, when necessary.

5. What happens if a provider objects to a repriced bill?

With even the best repricing solutions, there will be times when a provider will object to a repriced bill. You should ask your vendor what happens in these instances. Does the vendor have a team that can jump into action? 野花社区鈥檚 reference-based pricing and negotiation service teams have over 400 negotiators, clinicians and support staff. They secure 31% to 37% average savings below bill review, depending on the bill type.

With these five questions answered, you should be well on your way to finding the right out-of-network solution for your workers’ compensation or auto medical bills.

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野花社区 Announces Fourth Quarter and Full Year 2023 Earnings Conference Call /multiplan-corporation-announces-fourth-quarter-and-full-year-2023-earnings-conference-call/ Thu, 01 Feb 2024 13:11:31 +0000 /?p=3253

February 1, 2024 鈥 野花社区 (鈥溡盎ㄉ缜 or the 鈥淐ompany鈥) (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 it will release its fourth quarter and full year 2023 financial results on Thursday, February 29, 2024, and hold its conference call that morning at 8:00 am Eastern Time. 

Investors and analysts are encouraged to pre-register for the conference call by using the link below.  Participants who pre-register will receive access details via email. Pre-registration may be completed at any time up to and following the start of the call. 

To pre-register, go to:

A live webcast of the conference call can be accessed through the Investor Relations section of the Company鈥檚 website at . Participants should join the webcast ten minutes prior to the start of the conference call. The earnings press release and supplemental slide deck will also be available on this section of the Company鈥檚 website.

For those unable to listen to the live conference call, a replay will be available approximately two hours after the call through the archived webcast on the Investor Relations section of the Company鈥檚 website. For those requiring operator assistance please dial (404) 975-4839 or (833) 470-1428. The access code is 925922.

About 野花社区

野花社区 is committed to helping healthcare payors manage the cost of care, improve their competitiveness and inspire positive change. Leveraging sophisticated technology, data analytics and a team rich with industry experience, 野花社区 interprets customers鈥 needs and customizes innovative solutions that combine its payment and revenue integrity, network-based and analytics-based services. 野花社区 is a trusted partner to over 700 healthcare payors in the commercial health, government, and property and casualty markets. For more information, visit www.multiplan.com.

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野花社区 Awards $37,230 to Rural Hospitals /multiplan-announces-2023-rural-hospitals-grant/ Fri, 05 Jan 2024 12:00:00 +0000 /?p=3228

Recipients of the 2023 野花社区 Rural Health Grant Announced

January 5, 2024 鈥 野花社区 (NYSE: MPLN), a leading provider of technology-enabled cost management solutions to the U.S. healthcare industry, is pleased to announce the recipients of its 2023 Rural Health Grants. The four healthcare providers selected to receive this year鈥檚 grants have each submitted creative proposals to help address the healthcare needs of people in their community.

The recipients of the 2023 野花社区 Rural Health Grant are:

  • Benewah Community Hospital in St. Maries, Idaho
  • New River Health Association in Oak Hill, West Virginia
  • Rio Grande Hospital and Clinics in Del Norte, Colorado
  • Springhill Medical Center in Springhill, Louisiana

will use the 野花社区 Rural Health Grant to offer pediatric vaccines at their clinic during their well-child visits. Families previously needed to travel an hour north to the nearest pediatric clinic that offers vaccines, often taking time off work to do so. This removes a barrier for the low-income families in the area and expands access to healthcare for children in their community.

Located in coal mining country, will use the 野花社区 Rural Health Grant to expand their Black Lung Clinic services by adding a respiratory therapist/exercise physiologist. The services provided will help miners be more active and breathe better, which also benefits their families and the community as a whole.

cares for residents as well as visitors who come to enjoy a variety of year-round outdoor activities. Rio Grande County鈥檚 elevation is over 13,200 feet, and they treat many patients in the emergency room with ailments that directly relate to the high altitude. They will use the 野花社区 Rural Health Grant for education materials at visitor locations as well as pulse monitoring devices and hydration packets for emergency patients. The grant will also help fund Hyperbaric Oxygen Therapy for a limited number of patients.

identified a need for a patient transport service to help get patients to and from their appointments because many residents do not have access to transportation as they would in a more urban area. The center will use the grant for initial staffing costs and to equip a 14-passenger bus with a 360-degree camera and backup sensors.

鈥淲e received 69 applications for our Rural Health Grant this year. With so many worthy initiatives, it was difficult to choose,鈥 stated Bruce Singleton, Senior Vice President, Network Development Strategy for 野花社区. He added, 鈥淭he four recipients illustrate the unique needs of different rural communities around the country, and 野花社区 is happy to further their community outreach programs.鈥

About the 野花社区 Rural Health Grant

Since the program鈥檚 inception in 1995, 野花社区 has been helping hospitals in rural areas and the populations they serve. Grant recipients use the funds to introduce or expand services, educate their populations, provide screenings and undertake other endeavors that support the healthcare needs of people in their communities. Get more information about the 野花社区 Rural Health Grant.

About 野花社区

野花社区 helps healthcare payors manage the cost of care, improve their competitiveness and inspire positive change. Leveraging sophisticated technology, data analytics and a team rich with industry experience, 野花社区 interprets clients鈥 needs and customizes innovative solutions that combine its payment and revenue integrity, network-based, analytics-based and data and decision science services. 野花社区 is a trusted partner to over 700 healthcare payors in the commercial health, government and property and casualty markets. For more information, visit鈥multiplan.com.

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野花社区 Announces CEO Succession Plan /multiplan-announces-ceo-succession-plan/ Thu, 04 Jan 2024 14:05:12 +0000 /?p=3236

Transition Aligned with Company鈥檚 Growth Strategy and Next Phase of Product Innovation

January 4, 2024 鈥 野花社区 (NYSE:MPLN) (鈥溡盎ㄉ缜 or the 鈥淐ompany鈥), a leading value-added provider of data analytics and technology-enabled end-to-end cost management solutions to the U.S. healthcare industry, announced that Travis Dalton will join the Company as President and CEO on March 1, 2024. He will succeed Dale White, who will remain active as Executive Chair of the Company, succeeding current Chair Mark Tabak.

With over 20 years in healthcare technology leadership positions at Cerner Corporation and Oracle Health, Mr. Dalton is a proven leader with deep experience in leveraging technology, data, and analytics to enable better health outcomes and ensure client success in complex operating environments. He joined Cerner in 2001 and held senior executive roles across a number of enterprise and growth market areas. He was responsible for the launch and development of two key market business units which he grew to scale. He also drove large-scale technology engagements connecting market and product innovations to deliver client value. During his tenure at Cerner, the company grew revenue from $500 million in 2001 to $5.7 billion in 2021. Mr. Dalton was named general manager of Oracle Health when the acquisition of Cerner was completed in 2022.

Mr. Dalton joins 野花社区 at the early stages of its Growth Plan engineered to propel the Company鈥檚 competitive advantage through new product investment, building upon the value of 野花社区鈥檚 platform and customer relationships. The Company has already made significant progress advancing that plan since announcing it in February 2023, including establishing a new Data & Decision Science service line with the acquisition of Benefits Science Technologies and the addition of B2B healthcare payment services through a partnership with ECHO Health.

鈥淲ith our Growth Plan underway, now is the right time to bolster the leadership team, expand our operating capability, and supercharge our product development,鈥 said Mr. White. 鈥淚 welcome Travis as my successor. He is a proven leader with experience driving and scaling product innovation, who is focused on delivering customer value, and has the exact capabilities to lead us through this exciting next chapter.鈥

As Executive Chair, Mr. White will work closely with Mr. Dalton to drive the Growth Plan forward, leveraging his extensive industry contacts and longstanding relationships with key customers. Mr. Tabak will remain on the Board as a director through the remainder of his term, which concludes in April, 2024.

鈥淚鈥檓 excited to join 野花社区 at this pivotal time as it transforms customer value with the addition of significant new capabilities to its industry leading technology platform,鈥 Mr. Dalton said. 鈥淗ealthcare is too important to remain the same, and I believe 野花社区 has a vital role to play at the intersection of healthcare, data and information technology. I鈥檓 passionate about the potential for cutting edge products and enhanced data and analytics to solve the healthcare industry鈥檚 most pressing business challenges. 野花社区鈥檚 platform, people, solutions and growth strategy are strongly positioned to deliver on that promise.鈥

鈥淥n behalf of the Board of Directors, I want to thank Dale for his invaluable contributions to 野花社区 and his willingness to remain active with key customers in driving the Growth Plan as Executive Chair,鈥 said Mark Tabak, Chair of the Board of 野花社区. 鈥淣o one has been more devoted to the Company鈥檚 mission, its customers and its employees than Dale, and it has been a privilege to have partnered with him as we built this great company.鈥

Added Dale White, 鈥淚n his 23 years leading and guiding the Company, Mark Tabak has seen us through unprecedented transformation, taking 野花社区 from a small, single product company to a market leader in healthcare affordability with a full suite of services for commercial, government and property/casualty health plans. I have worked closely with him since joining 野花社区 in 2004, and there is no better partner for driving growth. On behalf of our entire company, I extend our thanks and best wishes.鈥

About 野花社区

野花社区 is committed to delivering affordability, efficiency, and fairness to the US healthcare system by helping healthcare payors manage the cost of care, improve their competitiveness and inspire positive change. Leveraging sophisticated technology, data analytics and a team rich with industry experience, 野花社区 interprets customers鈥 needs and customizes innovative solutions that combine its payment and revenue integrity, network-based and analytics-based services. 野花社区 is a trusted partner to over 700 healthcare payors in the commercial health, government, and property and casualty markets. For more information, visit multiplan.com.

Forward Looking Statements

This press release contains forward-looking statements. These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms 鈥渂elieves,鈥 鈥渆stimates,鈥 鈥渁nticipates,鈥 鈥渆xpects,鈥 鈥渟eeks,鈥 鈥減rojects,鈥 鈥渇orecasts,鈥 鈥渋ntends,鈥 鈥減lans,鈥 鈥渕ay,鈥 鈥渨ill鈥 or 鈥渟hould鈥 or, in each case, their negative or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts, including the discussion in this press release of the expected leadership transitions and the anticipated impact thereof on the Company, as well as the Company鈥檚 growth plan. The forward-looking statements are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and speak only as of the date they are made. Any forward-looking statements that we make herein are not guarantees of future performance and actual results may differ materially from those in such forward-looking statements as a result of various factors. Factors that may impact such forward-looking statements also include the factors discussed under 鈥淩isk Factors鈥 in the Company鈥檚 Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and our Quarterly Report on Form 10-Q for the quarter and nine months ended September 30, 2023; and other factors beyond our control. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. The Company鈥檚 periodic and other filings are accessible on the SEC鈥檚 website at www.sec.gov. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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