MultiPlan Appoints Navin Nagiah, Senior Vice President, Products

Rhea-AI Summary

MultiPlan Corporation (NYSE:MPLN) has appointed Navin Nagiah as Senior Vice President of Products. He will focus on innovating product development and exploring new market opportunities in healthcare cost management. With a strong background in healthcare strategy from McKinsey & Company and over 20 years in technology leadership roles, Nagiah aims to leverage MultiPlan's data assets to address rising healthcare costs and evolving regulations. His appointment is expected to enhance the company's growth trajectory through impactful product solutions.

Positive

• Navin Nagiah's appointment as Senior VP of Products is expected to enhance innovative product development.
• His extensive experience in healthcare strategy and leadership roles positions him to significantly contribute to the company's growth.

Negative

• None.

Nagiah, seasoned business and product strategist, to bring fresh inspiration and innovation to product development team

NEW YORK--(BUSINESS WIRE)-- MultiPlan Corporation (NYSE:MPLN), a leading provider of data analytics and technology-enabled cost management, payment and revenue integrity solutions to the U.S. healthcare industry, today announced Navin Nagiah as Senior Vice President, Products. In his new role, Nagiah will be responsible for driving the company’s internal product development approach, identifying strategic, market-driven innovations, and evaluating external sources for new product and service acquisition opportunities.

“I am passionate about converting ideas and needs into products that move the value needle for the customer in a substantial way,” stated Nagiah. “MultiPlan has a proven track record of playing an outsized role in helping reduce healthcare costs for our payor customers. With its valuable data assets and large ecosystem of payor and provider relationships, the Company is uniquely positioned to design new solutions that help payors navigate the challenges presented by increasing healthcare costs, the changing regulatory landscape and the rapid digitization of the healthcare system.”

Nagiah joined MultiPlan directly from global management consulting company, McKinsey & Company, where he was a leader in the Leap practice focusing on incubating and building new businesses inside large enterprises. His concentration was primarily in the healthcare and health-tech/digital health domains. Prior to his work with McKinsey & Company, he spent more than 20 years as a global entrepreneur and executive holding a variety of leadership roles, including as CEO and president at multiple technology businesses.

“Navin’s strengths as a product strategist and his deep expertise in healthcare are an excellent fit for MultiPlan right now as we are poised for growth through innovative product development,” stated Dale White, President and Chief Operating Officer at MultiPlan. “He has a strong reputation and proven track record as an impactful and effective leader and we look forward to watching him collaborate with the rest of the team to bring the types of solutions to market that our target customers need.”

For additional information on MultiPlan’s current and future offerings, continue to visit the services section of the MultiPlan website at www.multiplan.com.

About MultiPlan

MultiPlan is committed to helping healthcare payors manage the cost of care, improve their competitiveness and inspire positive change. Leveraging sophisticated technology, data analytics and a team rich with industry experience, MultiPlan interprets clients’ needs and customizes innovative solutions that combine its payment and revenue integrity, network-based and analytics-based services. MultiPlan is a trusted partner to over 700 healthcare payors in the commercial health, government and property and casualty markets. For more information, visit www.multiplan.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210824005747/en/

Pamela Walker

Senior Director, Marketing & Communication

MultiPlan

press@multiplan.com

781-895-3118

Source: MultiPlan Corporation

FAQ

What is the significance of Navin Nagiah's appointment at MultiPlan (MPLN)?

Navin Nagiah's appointment as Senior Vice President of Products is significant as he will drive innovation in product development, crucial for addressing the challenges in healthcare costs and regulatory changes.

How will Navin Nagiah's experience benefit MultiPlan (MPLN) after his recent appointment?

His experience from McKinsey & Company and in various leadership roles in healthcare will enable him to leverage MultiPlan's data assets to create impactful product solutions, potentially benefiting the company's market position.