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MultiPlan Corporation MPLN NYSE

NYSE • Healthcare • Medical - Healthcare Information Services • US • USD

SharesGrow Score
8/100
0/7 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow
Analyst Price Target
$10.00
-56.8%

MultiPlan Corporation (MPLN) is a publicly traded company in the Healthcare sector, operating within the Medical - Healthcare Information Services industry. The company is headquartered in New York City, NY, United States. The current CEO is Melissa Humphrey.

MPLN has IPO date of 2020-04-03, 2,700 full-time employees, listed on the NYSE, a market capitalization of $374.98M.

About MultiPlan Corporation

MultiPlan Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers analytics-based services that reduce medical costs, through data-driven algorithms and insights that detect claims over-charges and negotiate or recommend reimbursement; and network-based services that provide contracted discounts with healthcare providers, as well as outsourced network development and management services. It provides payment and revenue integrity services, such as identifying and removing improper and unnecessary charges paid during the claim, as well as services to identify and help restore and preserve underpaid premium dollars. In addition, the company offers data and decision science services including a suite of solutions that apply modern methods of data science to produce descriptive, predictive, and prescriptive analytics that drive optimized benefit plan design, support decision-making, improve clinical outcomes, and reduce the total cost of care; and business-to-business healthcare payments and other services. It serves national and regional insurance companies, Blue Cross and Blue Shield plans, provider-sponsored and independent health plans, TPAs, self-insured health plans, property and casualty insurers, bill review companies, and other companies involved in the claim adjudication process. MultiPlan Corporation was founded in 1980 and is headquartered in New York, New York.

📍 115 Fifth Avenue, New York City, NY 10003 📞 212 780 2000
Company Details
SectorHealthcare
IndustryMedical - Healthcare Information Services
CountryUnited States
ExchangeNYSE
CurrencyUSD
IPO Date2020-04-03
CEOMelissa Humphrey
Employees2,700
Trading Info
Current Price$23.15
Market Cap$374.98M
52-Week Range4.8-38.488
Beta0.33
ETFNo
ADRNo
CUSIP62548M100
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