Description

MultiPlan Corporation, founded in 1980 and based in New York, along with its subsidiaries, delivers technology-driven data analytics, cost management, payment, and revenue integrity solutions to the healthcare industry throughout the United States. The company's offerings are designed to streamline healthcare spending and ensure financial accuracy. These include: Analytics-driven services: Utilizing sophisticated data algorithms and insights, MultiPlan identifies instances of overbilling on claims and facilitates appropriate reimbursement or negotiation. Network-based services: They establish pre-negotiated discounts with healthcare providers and offer outsourced solutions for developing and managing provider networks. Payment and revenue integrity solutions: These services focus on pinpointing and eliminating inappropriate or superfluous charges incurred during the claims process, as well as working to identify, recover, and protect underpaid premium funds. Data and decision science services: MultiPlan employs contemporary data science methodologies to generate descriptive, predictive, and prescriptive analytics. These insights help optimize benefit plan structures, support strategic decision-making, enhance clinical outcomes, and ultimately reduce the overall cost of care. Additional services: The company also provides business-to-business healthcare payment processing and other related services. MultiPlan serves a diverse client base, including national and regional insurance carriers, Blue Cross and Blue Shield plans, provider-sponsored and independent health plans, third-party administrators (TPAs), self-insured health plans, property and casualty insurers, bill review companies, and various other entities engaged in the claims adjudication process.