MultiPlan

New York, United States Founded: 1980 • Age: 46 yrs Acquired By Hellman & Friedman
Medical payment integrity and analytics services are provided by MultiPlan.
Annual revenue $1.1B Latest available
Total funding - 3 rounds
Employees 2800 Tracked headcount
Investors 6 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About MultiPlan

MultiPlan is a company based in New York (United States) founded in 1980 was acquired by Hellman & Friedman in June 2016. The company has 2,800 employees as of December 31, 2023. MultiPlan has completed 3 acquisitions, including Benefits Science, Discovery Health Partners and HST. MultiPlan offers products and services including Analytics-Based Services, Data & Decision Science Services, Network-Based Services, Payment & Revenue Integrity Services, and Surprise Billing Services. MultiPlan operates in a competitive market with competitors including Centivo, Access Healthcare, Omega Healthcare, Light Wave Dental and Rennova Health, among others.

  • Headquarter New York, United States
  • Employees 2800 as on 31 Dec, 2023
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Claritev Corporation
Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.08 B (USD)
    -3
    as on Dec 31, 2022
  • Net Profit
    -$572.91 M (USD)
    -661
    as on Dec 31, 2022
  • EBITDA
    -$293.98 M (USD)
    -165
    as on Dec 31, 2022
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    2800

    as on Dec 31, 2023

  • Investments & Acquisitions
  • Acquired by
    Hellman & Friedman

    & 1 more

    (Jun 01, 2016)

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Products & Services of MultiPlan

MultiPlan offers a comprehensive portfolio of products and services, including Analytics-Based Services, Data & Decision Science Services, Network-Based Services, Payment & Revenue Integrity Services, and Surprise Billing Services.

Product name locked
Category locked
Primary

Identifies medical savings and cost reductions for healthcare.

Product name locked
Category locked
Locked

Delivers actionable data for plan design and cost optimization.

Product name locked
Category locked
Locked

Manages custom healthcare provider networks efficiently.

Product name locked
Category locked
Locked

Prevents improper billing and maximizes savings.

Product name locked
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Locked

Handles surprise bill requirements and compliance.

People of MultiPlan

Headcount 1000-5000
Employee Profiles 22
Employee Profiles
People
Travis Dalton
President, Chief Executive Officer
People
Carol Nutter
SVP & Chief People Officer
People
Monica Armstrong
SVP, Sales & Account Management
People
William Mintz
Senior Vice President Corporate Affairs & Strategy

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Funding Insights of MultiPlan

Investors in MultiPlan

MultiPlan has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include CPP Investments, Partners Group and GIC.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Sovereign wealth is managed and private equity investments are facilitated.
Locked Locked Locked
Private investment firm specializing in markets and partnerships.
Locked Locked Locked
Private equity funds are managed across multiple sectors globally.
Locked Locked Locked
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Investor details for MultiPlan

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by MultiPlan

MultiPlan has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Benefits Science, Discovery Health Partners and HST.

Investments
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Investment portfolio details for MultiPlan

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  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based cost containment solutions are delivered to healthcare providers.
Locked Locked 2012 Locked
Healthcare management services are provided globally by HST.
Locked Locked 2009 Locked
Payment integrity software and solutions are provided for healthcare payers.
Locked Locked 2008 Locked
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Complete acquisition details for MultiPlan

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - MultiPlan

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Detailed financials for MultiPlan

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Multiplan Comparisons

MultiPlan Primary company
Description
Medical payment integrity and analytics services are provide...
Location
New York, United States
Founded Year
1980
Annual Revenue
$1.08 B (USD)
Net Profit
-$572.91 M (USD)
EBITDA
-$293.98 M (USD)
Employees
2,800
As of 2023
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Peer comparison for MultiPlan

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Competitors of MultiPlan

MultiPlan operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Centivo, Access Healthcare, Omega Healthcare, Light Wave Dental and Rennova Health, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of self funded health plan
Locked Locked Locked
Provider of revenue cycle management, BPO, IT, and finance and accounting services
Locked Locked Locked
Healthcare outsourcing services are provided to various sectors.
Locked Locked Locked
Dental practice brokerage services are provided to facilitate transactions.
Locked Locked Locked
Software solutions for laboratory diagnostics are provided to healthcare.
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Detailed competitors of MultiPlan

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  • Full company profiles
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Latest news on Multiplan

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Complete news archive for MultiPlan

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about MultiPlan

MultiPlan was founded in 1980 and raised its 1st funding round 34 years after it was founded.

MultiPlan is headquartered in New York, United States. It is registered at New York, New York, United States.

Mark Tabak is the current CEO of MultiPlan.

As of Dec 31, 2023, the latest employee count at MultiPlan is 2,800.

Annual revenue of MultiPlan is $1.08B as on Dec 31, 2022.

MultiPlan was founded in 1980 and is based in New York, United States. Operations center on medical payment integrity and analytics within the healthcare sector. Services include payment accuracy verification and data analytics for providers and payers. The domain multiplan.us supports these activities, with leadership provided by Chairman and CEO Mark Tabak.

MultiPlan's top competitors include Centivo, Access Healthcare and Rennova Health.

MultiPlan offers Analytics-Based Services, Data & Decision Science Services, Network-Based Services, Payment & Revenue Integrity Services, and Surprise Billing Services.

MultiPlan has made 3 acquisitions, including Benefits Science, Discovery Health Partners, and HST.

MultiPlan has 6 investors. Key investors include CPP Investments, Partners Group, GIC, Ardian, and Hellman & Friedman.

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