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Claritev Provides Oracle Cloud HCM Customers with Actionable Insights for Healthcare Cost Optimization and Plan Design

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Claritev (NYSE: MPLN), a healthcare technology company, announced that its analytics solution BenInsights® has achieved Integrated with Oracle Cloud Expertise and is now available in the Oracle Cloud Marketplace. The platform integrates with Oracle Fusion Cloud Human Capital Management (HCM) to provide benefits plan performance analysis and compliance insights.

BenInsights offers over 200 configurable automated reports and smart card technology, providing analytics for benefits management. The platform helps organizations manage healthcare costs through unified reporting of clinical and financial data, assists with ERISA-related compliance obligations, and enables customized plan design solutions.

The integration with Oracle Cloud HCM allows organizations to connect HR processes with embedded AI capabilities, providing a single source of truth for workforce data analysis. Claritev's CEO Travis Dalton emphasized the platform's role in helping organizations optimize benefits strategy while maintaining fiduciary responsibilities.

Claritev (NYSE: MPLN), un'azienda tecnologica nel settore sanitario, ha annunciato che la sua soluzione analitica BenInsights® ha ottenuto l'integrazione con l'Oracle Cloud Expertise ed è ora disponibile nell'Oracle Cloud Marketplace. La piattaforma si integra con Oracle Fusion Cloud Human Capital Management (HCM) per fornire analisi sulle performance dei piani di benefici e approfondimenti sulla conformità.

BenInsights offre oltre 200 report automatizzati configurabili e tecnologia smart card, fornendo analisi per la gestione dei benefici. La piattaforma aiuta le organizzazioni a gestire i costi sanitari attraverso report unificati di dati clinici e finanziari, supporta gli obblighi di conformità legati all'ERISA e consente soluzioni personalizzate per la progettazione dei piani.

L'integrazione con Oracle Cloud HCM consente alle organizzazioni di collegare i processi HR con capacità AI integrate, fornendo una fonte unica di verità per l'analisi dei dati della forza lavoro. Il CEO di Claritev, Travis Dalton, ha sottolineato il ruolo della piattaforma nell'aiutare le organizzazioni a ottimizzare la strategia dei benefici mantenendo le responsabilità fiduciari.

Claritev (NYSE: MPLN), una empresa de tecnología en salud, anunció que su solución analítica BenInsights® ha logrado la integración con la experiencia de Oracle Cloud y ahora está disponible en el Oracle Cloud Marketplace. La plataforma se integra con Oracle Fusion Cloud Human Capital Management (HCM) para proporcionar análisis del rendimiento de los planes de beneficios y conocimientos sobre cumplimiento.

BenInsights ofrece más de 200 informes automatizados configurables y tecnología de tarjeta inteligente, proporcionando análisis para la gestión de beneficios. La plataforma ayuda a las organizaciones a gestionar los costos de atención médica a través de informes unificados de datos clínicos y financieros, asiste con las obligaciones de cumplimiento relacionadas con ERISA y permite soluciones personalizadas para el diseño de planes.

La integración con Oracle Cloud HCM permite a las organizaciones conectar los procesos de recursos humanos con capacidades de IA integradas, proporcionando una única fuente de verdad para el análisis de datos de la fuerza laboral. El CEO de Claritev, Travis Dalton, enfatizó el papel de la plataforma en ayudar a las organizaciones a optimizar la estrategia de beneficios mientras mantienen las responsabilidades fiduciarias.

Claritev (NYSE: MPLN), 의료 기술 회사가 자사의 분석 솔루션 BenInsights®가 Oracle Cloud Expertise와 통합되었으며 이제 Oracle Cloud Marketplace에서 사용할 수 있다고 발표했습니다. 이 플랫폼은 Oracle Fusion Cloud Human Capital Management (HCM)와 통합되어 혜택 계획 성과 분석 및 준수 통찰력을 제공합니다.

BenInsights는 200개 이상의 구성 가능한 자동 보고서와 스마트 카드 기술을 제공하여 혜택 관리를 위한 분석을 제공합니다. 이 플랫폼은 조직이 임상 및 재무 데이터의 통합 보고를 통해 의료 비용을 관리하도록 돕고, ERISA 관련 준수 의무를 지원하며, 맞춤형 계획 설계 솔루션을 가능하게 합니다.

Oracle Cloud HCM과의 통합은 조직이 HR 프로세스를 내장된 AI 기능과 연결할 수 있도록 하여 인력 데이터 분석을 위한 단일 진실 출처를 제공합니다. Claritev의 CEO인 Travis Dalton은 플랫폼이 조직이 책임을 유지하면서 혜택 전략을 최적화하는 데 도움이 되는 역할을 한다고 강조했습니다.

Claritev (NYSE: MPLN), une entreprise de technologie de la santé, a annoncé que sa solution analytique BenInsights® a obtenu l'intégration avec l'expertise Oracle Cloud et est désormais disponible sur le marché Oracle Cloud. La plateforme s'intègre à Oracle Fusion Cloud Human Capital Management (HCM) pour fournir des analyses de la performance des plans de prestations et des aperçus de conformité.

BenInsights propose plus de 200 rapports automatisés configurables et une technologie de carte intelligente, fournissant des analyses pour la gestion des prestations. La plateforme aide les organisations à gérer les coûts de santé grâce à des rapports unifiés de données cliniques et financières, assiste les obligations de conformité liées à l'ERISA et permet des solutions de conception de plans personnalisés.

L'intégration avec Oracle Cloud HCM permet aux organisations de connecter les processus RH avec des capacités d'IA intégrées, fournissant une source unique de vérité pour l'analyse des données de la main-d'œuvre. Le PDG de Claritev, Travis Dalton, a souligné le rôle de la plateforme pour aider les organisations à optimiser leur stratégie de prestations tout en maintenant des responsabilités fiduciaires.

Claritev (NYSE: MPLN), ein Unternehmen für Gesundheitstechnologie, gab bekannt, dass seine Analyselösung BenInsights® die Integration mit Oracle Cloud Expertise erreicht hat und nun im Oracle Cloud Marketplace verfügbar ist. Die Plattform integriert sich mit Oracle Fusion Cloud Human Capital Management (HCM), um Analysen zur Leistung von Leistungsplänen und Compliance-Insights bereitzustellen.

BenInsights bietet über 200 konfigurierbare automatisierte Berichte und Smart-Card-Technologie, die Analysen für das Leistungsmanagement bereitstellt. Die Plattform hilft Organisationen, Gesundheitskosten durch einheitliche Berichterstattung über klinische und finanzielle Daten zu verwalten, unterstützt bei ERISA-bezogenen Compliance-Verpflichtungen und ermöglicht maßgeschneiderte Planungsdesignlösungen.

Die Integration mit Oracle Cloud HCM ermöglicht es Organisationen, HR-Prozesse mit eingebetteten KI-Funktionen zu verbinden, sodass eine einzige Quelle der Wahrheit für die Analyse von Personaldaten bereitgestellt wird. Der CEO von Claritev, Travis Dalton, betonte die Rolle der Plattform, den Organisationen zu helfen, ihre Leistungsstrategie zu optimieren und gleichzeitig die treuhänderischen Pflichten zu wahren.

Positive
  • Integration with Oracle Cloud Marketplace expands market reach and accessibility
  • Platform offers over 200 configurable automated reports for benefits management
  • Solution provides comprehensive analytics for healthcare cost containment
  • Integration with Oracle Cloud HCM streamlines implementation process
Negative
  • None.

Insights

The strategic integration of Claritev's BenInsights platform with Oracle Cloud HCM marks a pivotal advancement in enterprise healthcare cost management solutions. This partnership significantly expands Claritev's addressable market by tapping into Oracle's vast enterprise customer base, potentially accelerating customer acquisition while reducing implementation costs and sales cycles.

The platform's comprehensive suite of over 200 automated reports addresses a critical pain point in the healthcare benefits management landscape. By unifying clinical and financial data analytics, BenInsights enables organizations to make data-driven decisions about their healthcare spending - particularly valuable given that healthcare costs typically represent one of the largest operational expenses for businesses after payroll.

The integration's timing is particularly strategic, considering the increasing regulatory complexity in healthcare benefits management. The platform's focus on ERISA compliance monitoring and fiduciary responsibilities provides a compelling value proposition as organizations face growing scrutiny of their benefits programs. This automated compliance monitoring capability could significantly reduce legal and operational risks for Oracle's enterprise customers.

From a competitive standpoint, the Oracle Cloud Marketplace presence and Integrated with Oracle Cloud Expertise certification create significant barriers to entry for potential competitors. This native integration with Oracle's HCM solution provides Claritev with a substantial competitive advantage, potentially leading to higher customer retention rates and recurring revenue streams through subscription-based pricing models.

The platform's ability to deliver predictive and prescriptive analytics represents a sophisticated approach to benefits management that goes beyond traditional descriptive reporting. This advanced capability enables organizations to proactively identify cost-saving opportunities and optimize plan designs based on population-specific needs, potentially delivering substantial ROI for enterprises struggling with rising healthcare costs.

Claritev’s Award-Winning Analytics Solution, BenInsights®, is Powered by Oracle Cloud and Now Available in the Oracle Cloud Marketplace

NEW YORK--(BUSINESS WIRE)-- Claritev Corporation (“Claritev” or the “Company”) (NYSE: MPLN), formerly known as MultiPlan, a technology, data and insights company focused on making healthcare more affordable, transparent and fair for all, and an Oracle partner, announced today its analytics solution, BenInsights®, has achieved Integrated with Oracle Cloud Expertise and is now available in the Oracle Cloud Marketplace, offering added value to Oracle Cloud customers. The BenInsights platform enables visibility into benefit plan performance and compliance responsibilities for employers of all sizes. Integrating with Oracle Cloud streamlines implementation for Oracle Fusion Cloud Human Capital Management (HCM) users, supplying BenInsights with essential plan data to enable the delivery of analytics and actionable, digestible insights that help organizations navigate the complex benefits landscape with confidence.

Integrated with Oracle Cloud, BenInsights offers Oracle Cloud customers these additional benefits:

  • Extensive Analytics: Over 200 configurable automated reports and smart card technology, providing descriptive, predictive and prescriptive analytics for benefits management visibility.
  • Optimize for Cost Containment: Data-driven insights for managing the growing cost of healthcare through unified reporting of clinical and financial data, including pharmaceutical spend, high-cost claimants and condition-specific insights.
  • Compliance with Fiduciary Responsibilities: Proactive assistance in identifying hidden risks for addressing evolving ERISA-related obligations through actionable insights and continuous monitoring of plan performance.
  • Tailored Solutions: Ability to leverage insights to customize plan design for tailored solutions designed to balance cost efficiency with coverage specific to unique population needs.

Oracle Cloud Marketplace is a one-stop shop for Oracle customers seeking trusted business applications and services offering unique solutions, including ones that extend Oracle Fusion Cloud Applications.

“As organizations face an increasingly complex compliance landscape with rising healthcare costs, they need robust platforms to optimize their benefits strategy while maintaining their fiduciary responsibilities,” said Travis Dalton, CEO at Claritev. “Claritev’s participation in Oracle’s partner program with the Integrated with Oracle Cloud Expertise further extends our commitment to the Oracle community and enables customers to easily reap the benefits of BenInsights. We look forward to leveraging the power of the Oracle Cloud to help us achieve our business goals.”

Built for the cloud, Oracle Cloud HCM is a complete solution connecting every human resource process from hire to retire across an organization with a native employee experience platform and embedded AI capabilities. By connecting all people, work, and skills data on a single platform, HR teams have access to a single source of truth to help inform their people strategy. In addition, embedded AI helps organizations analyze workforce data, generate content and augment or automate processes to help improve business operations.

"The cloud represents a huge opportunity for our partner community," said David Hicks, group vice president, Worldwide ISV Cloud Business Development, Oracle. "Claritev’s commitment to innovation with Oracle Cloud HCM and quality execution helps our mutual customers receive cloud-enabled healthcare cost containment and data analytics solutions ready to meet critical business needs."

Integrated with Oracle Cloud Expertise recognizes Oracle partners with solutions that integrate with Oracle Cloud. For partners earning the Powered by Oracle Cloud Expertise, this achievement offers customers confidence that the partner's application is supported by the Oracle Cloud Infrastructure SLA, enabling full access and control over their cloud infrastructure services as well as consistent performance.

Claritev does not determine benefits availability and does not exercise any discretion or control as to benefit plans’ regulatory compliance or benefit plan assets, with respect to policy, payment, interpretation, practices or procedures. Plan sponsors retain full and final authority to exercise discretion for their benefit plan designs, changes to benefit plans and their operations.

About Claritev

Claritev, formerly known as MultiPlan, is a healthcare technology, data and insights company focused on delivering affordability, transparency and quality to the U.S. healthcare system. Led by a team of deeply experienced associates, data scientists and innovators, Claritev provides cutting-edge solutions and services fueled by over 40 years of claims processing data. Claritev leverages world-class technology and AI to power a robust enterprise platform that delivers meaningful insights to drive affordability and price transparency and optimizes networks and benefits design in healthcare. By developing purpose-built solutions that support all key stakeholders — including payors, employers, patients, providers and third parties — Claritev is dedicated to making healthcare more accessible and affordable for all.

Claritev serves more than 700 healthcare payors, over 100,000 employers, 60 million consumers, and 1.4 million contracted providers. For more information, visit claritev.com

About Oracle’s Partner Program

Oracle’s partner program helps Oracle and its partners drive joint customer success and business momentum. The newly enhanced program provides partners with choice and flexibility, offering several program pathways and a robust range of foundational benefits spanning training and enablement, go-to-market collaboration, technical accelerators, and success support. To learn more, visit https://www.oracle.com/partner/.

Trademark

Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

BenInsights is a registered trademark of Claritev Corporation and its affiliates.

Media Relations

Pamela Walker

AVP, Marketing & Communication

Claritev

781-895-3118

press@claritev.com



Investor Relations

Jason Wong

SVP, Treasury & Investor Relations

Claritev

866-909-7427

investor@claritev.com



Shawna Gasik

AVP, Investor Relations

Claritev

866-909-7427

investor@claritev.com

Source: Claritev Corporation

FAQ

What benefits does Claritev's BenInsights integration with Oracle Cloud offer MPLN investors?

The integration expands Claritev's market reach through Oracle Cloud Marketplace, provides streamlined implementation for Oracle HCM users, and offers comprehensive analytics solutions for benefits management, potentially driving business growth.

How does BenInsights help organizations manage healthcare costs?

BenInsights provides unified reporting of clinical and financial data, including pharmaceutical spend, high-cost claimants, and condition-specific insights, enabling data-driven decisions for cost containment.

What compliance features does Claritev's BenInsights platform offer?

The platform provides proactive assistance in identifying hidden risks for ERISA-related obligations through actionable insights and continuous monitoring of plan performance.

How many automated reports does Claritev's BenInsights platform offer?

BenInsights offers over 200 configurable automated reports and smart card technology, providing descriptive, predictive, and prescriptive analytics for benefits management visibility.

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