About MultiPlan
MultiPlan is a publicly listed company based in New York (United States) founded in 1980, and was acquired by Hellman & Friedman in June 2016. Medical payment integrity and analytics services are provided by MultiPlan. The company has 2,800 employees. MultiPlan has completed 3 acquisitions, including Benefits Science, Discovery Health Partners and HST. Its chief executive, as recorded, is Mark Tabak. MultiPlan offers products and services including Analytics-Based Services, Data & Decision Science Services, Network-Based Services, Payment & Revenue Integrity Services, and Surprise Billing Services. Its focus areas include Services for Healthcare Providers, BPO and Diversified. Its legal entity is Claritev Corporation. Its competitors include Centivo, Omega Healthcare and Light Wave Dental; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters New York, United States
- Employees 2,800
- Stage Public
- SectorsHealthcare
- Phone•••• ••••
- Website multiplan.us
- Social LinkedIn X Facebook
- Acquired by Hellman & Friedman (Jun 2016)
- Legal Name Claritev Corporation
- Annual Revenue$1.08 B (USD)-3as on Dec 31, 2022
- Net Profit-$572.91 M (USD)-661as on Dec 31, 2022
- EBITDA-$293.98 M (USD)-165as on Dec 31, 2022
- InvestorsCPP Investments
& 5 more
- Employee Count2,800
- Investments & AcquisitionsBenefits Science
& 2 more
- Acquired by
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.
Identifies medical savings and cost reductions for healthcare.
Delivers actionable data for plan design and cost optimization.
Manages custom healthcare provider networks efficiently.
Prevents improper billing and maximizes savings.
Handles surprise bill requirements and compliance.
Funding Insights of MultiPlan
- Total Rounds 3
- Investors Count 3
All 3 funding rounds of MultiPlan with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2020 | Post-IPO | – | – | ||
| Jun 2016 | Private Equity Round | – | CPP Investments | – | |
| Mar 2014 | Private Equity Round | – | – |
6 investors in total: 6 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sovereign wealth is managed and private equity investments are facilitated. | gic.com.sg | Singapore, Singapore | ||
Private investment firm specializing in markets and partnerships. | ardian.com | |||
Private equity funds are managed across multiple sectors globally. | 1996 | partnersgroup.com | Baar, Switzerland | |
Private equity firm focused on acquisitions | hf.com | San Francisco, United States | ||
| starrholdings.com | ||||
Pension fund assets are managed for sustainable long-term growth. | 1997 | cppinvestments.com | Toronto, Canada |
Investor details for MultiPlan
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of MultiPlan
23 people are tracked at MultiPlan (16 in leadership, 7 in team); the tracked headcount is 2,800.
| Name | Role | Group |
|---|---|---|
Mark Tabak | Chairman & CEO | Leadership |
Travis Dalton | President, Chief Executive Officer | Leadership |
Carol Nutter | SVP & Chief People Officer | Leadership |
William Mintz | Senior Vice President Corporate Affairs & Strategy | Leadership |
Mike Battistoni | VP, Sales & Account Management, Third Party Administrator Business | Leadership |
Deborah Payleitner | Vice President, Client Executive | Leadership |
Melbalynn Madarang | VP, Sales & Account Management | Leadership |
Gerald Kozel | SVP, Chief Accounting Officer | Leadership |
Alwyn Van Heerden | VP, Strategy & Corporate Development | Leadership |
James Head | EVP & CFO | Leadership |
Danielle Ramos | Director Human Resources Information Technology | Leadership |
Anthony Commorato | Director Of Employee Experience | Leadership |
Gretchen Wheaton | Senior Director Sales Operations | Leadership |
Jeff Caldwell | Vice President Of Sales, Ancillary Markets | Leadership |
Jerry Hogge | Executive Vice President, Chief Operating Officer | Leadership |
Ryan Day | President of HST | Leadership |
Monica Armstrong | SVP, Sales & Account Management | Team |
Andrea Rowe | SVP, Product | Team |
Jacqueline Kienzle | SVP, Sales & Account Management | Team |
Alexia Nompeli | Senior Human Resources Generalist | Team |
3 more people are available in the full profile.
Complete people profiles for MultiPlan
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based cost containment solutions are delivered to healthcare providers. | benefitsscience.com | Boston, United States | 2012 | May 2023 | $160M | |
Payment integrity software and solutions are provided for healthcare payers. | discoveryhealthpartners.com | Itasca, United States | 2008 | Jan 2021 | $155M | |
Healthcare management services are provided globally by HST. | hstechnology.com | Laguna Hills, United States | 2009 | Nov 2020 | $140M |
Complete acquisition details for MultiPlan
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of MultiPlan
9 dated milestones of MultiPlan across 43 years, from founding to its latest funding, stage changes and deals.
- Founded MultiPlan is founded.
- Exit Acquired by Starr Investment Holdings.
- Funding First funding round.
- Exit Acquired by Hellman & Friedman.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO,.
- Acquisition Acquires HST.
- Acquisition Acquires Discovery Health Partners.
- Acquisition Acquires Benefits Science.
Competitors of MultiPlan
MultiPlan has 3 listed competitors in our database, 2 of them funded. They include Centivo, Omega Healthcare and Light Wave Dental.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| centivo.com | 2017 | New York, United States | $224M | 212 | Provider of self funded health plan | |
| omegahms.com | 2003 | Boca Raton, United States | 26,750 | Healthcare outsourcing services are provided to various sectors. | ||
| lightwavedental.com | 2010 | Woodbridge, United States | $20.24M | 1,847 | Dental practice brokerage services are provided to facilitate transactions. |
Detailed competitors of MultiPlan
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of MultiPlan
The website of MultiPlan (multiplan.us) receives about 6.4K visits a month.
- Monthly visits6.4K
▼ 46.5% vs previous month
Websites whose visitors overlap most with MultiPlan. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| healthplanalliance.org | 100% | #3,111,371 | View details | ||
| doctor.com | 100% | 90.6K | #396,019 | View details | |
| geisinger.org | 100% | 1.7M | #33,049 | View details | |
ccpaipa.org | ccpaipa.org | 38% | #9,212,979 | – | |
| claritev.com | 36% | 203.8K | #293,449 | View details |
Top companies in Healthcare Provider Support Services
3 companies that operate in the same segment as MultiPlan (Healthcare Provider Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of self funded health plan | 2017 | New York, New York, United States | USD 224 M | 212 | ||
Provider of AI solutions for clinical, operational, and business outcomes | 2005 | Princeton, New Jersey, United States | USD 1.13 B | USD 465.22 M | 5,442 | |
AMN Healthcare is recognized as a leading healthcare staffing provider. | 1985 | San Diego, California, United States | USD 2.73 B | 2,970 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Multiplan
Complete news archive for MultiPlan
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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 CEO of MultiPlan, as recorded in our data.
MultiPlan has 2,800 employees.
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, Omega Healthcare and Light Wave Dental.
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.
MultiPlan operates through Claritev Corporation.
Yes. MultiPlan was acquired by Hellman & Friedman in June 2016.