MultiPlan

MultiPlan Corporation is a provider of data analytics and technology-enabled cost management solutions for the U.S. healthcare industry. Founded in 1980 and headquartered in New York, the company offers a range of services designed to reduce medical costs for consumers and payors. Its analytics-based services utilize data-driven algorithms to detect claims anomalies, while network-based services leverage contracted discounts with healthcare providers through regional preferred provider organization networks. Additionally, MultiPlan provides payment integrity services that identify and eliminate improper and unnecessary charges before claims are processed. The company's diverse customer base includes national insurance companies, Blue Cross and Blue Shield plans, provider-sponsored health plans, third-party administrators, and various entities involved in medical billing across commercial, government, workers’ compensation, auto medical, and dental markets.

Jerry Hogge

Executive Vice President and COO

Donald Rubin

Founder

7 past transactions

Abacus Insights

Series C in 2022
Abacus Insights, Inc. is a company that specializes in developing a cloud-based data integration and interoperability platform tailored for healthcare organizations. Founded in 2017 and headquartered in New York City, the company focuses on curating and organizing healthcare data from diverse sources and formats. Its platform facilitates the collection of both structured and unstructured enterprise-wide data, enabling healthcare companies to leverage advanced analytics for actionable insights. This capability helps improve the consumer experience, reduce care costs, and enhance the quality of care. Additionally, Abacus Insights provides maintenance and support services to its clients, ensuring the effective use of its data management solutions. The company also has an office in Boston, Massachusetts.

Discovery Health Partners

Acquisition in 2021
Provider of analytic insights and technology-powered services focusing on healthcare revenue and payment integrity. The company specializes in offering a range of services including premium restoration, coordination of benefits, data mining, subrogation and clinical audits, thereby helping healthcare payers improve payment integrity, increase revenue optimization and maximize efficiencies with government programs.

HST

Acquisition in 2020
HST is Value-Based Payments Plans - Revolutionizing Healthcare One Patient at Time. Since 2009, HST has been at the forefront of delivering Value-Based Payments (VBP) that reduce healthcare costs while establishing sustainable benefit plans. HST’s pricing technologies provide cost benchmarks to objectively determine the value of medical services and to introduce pricing accountability.

DocASAP

Seed Round in 2013
DocASAP Inc. is a healthcare technology company that specializes in patient access and engagement software for health systems, health plans, and physician groups. Founded in 2009 and headquartered in Herndon, Virginia, with an additional office in Noida, India, DocASAP offers a platform that helps organizations direct patients to the most suitable providers and care settings throughout their healthcare journey. The software facilitates care-driven engagement, appointment reminders, and provides valuable data on patient access and operational performance. By enabling efficient management of provider information and empowering access center staff, DocASAP enhances the patient experience, promotes care compliance, and supports improved population risk management. The company's intelligent matching system connects patients with optimal care providers, ultimately aiming to enhance access, improve health outcomes, and reduce costs in the healthcare industry.

NCN

Acquisition in 2011
NCN is an insurance company providing healthcare cost management software and solutions. NCN develops and deploys technology and software solutions to create powerful, data-driven tools to win fair reimbursements for those who pay for the delivery of healthcare in the United States.

Viant

Acquisition in 2009
Viant Technology LLC is a leading advertising technology company that specializes in people-based marketing. Its cloud-based platform, the Viant Advertising Cloud™, allows marketers to effectively plan, execute, and measure their digital media investments. Unlike traditional methods that rely on cookies, Viant's approach is centered around a vast database of over 1.2 billion registered users, enhancing the precision and accountability of cross-device advertising. The company's software facilitates the programmatic purchasing of ads across various channels, including desktop, mobile, connected TV, linear TV, streaming audio, and digital billboards, streamlining the advertising buying process and optimizing media strategies for marketers.

Private Healthcare Systems

Acquisition in 2006
Private Healthcare Systems, Inc. is a prominent medical cost management provider based in Waltham, Massachusetts. Established in 1985 through a collaboration of mid-sized commercial insurance companies, PHCS aims to develop competitive managed care programs. The company boasts the largest proprietary primary Preferred Provider Organization (PPO) network in the United States and ranks as the second largest independent care management provider in the country. With contracts in place with nearly 450,000 healthcare providers, PHCS serves over 16 million health plan members, offering comprehensive healthcare management services to administrators, self-insured employers, and insurance companies.
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