Multiplan Corporation - MPLN STOCK NEWS

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MultiPlan Corporation (MPLN) is a leading provider of data analytics and technology-enabled solutions, dedicated to enhancing affordability, efficiency, and fairness within the U.S. healthcare industry. The company's primary focus lies in delivering end-to-end cost management, payment integrity, and revenue integrity solutions. By interpreting clients' needs and customizing innovative solutions, MultiPlan offers a comprehensive suite of services, including network-based and analytics-based solutions.

MultiPlan's extensive portfolio encompasses a range of services designed to optimize healthcare payments and reduce costs. The company's advanced analytics capabilities allow it to identify cost-saving opportunities, improve payment accuracy, and ensure fair pricing for healthcare services. MultiPlan collaborates with healthcare payers, providers, and other stakeholders to streamline operations and enhance financial performance.

Recent achievements include significant advancements in their analytics platform, empowering clients with deeper insights and more efficient processes. MultiPlan continues to invest in cutting-edge technology to stay at the forefront of the healthcare industry, ensuring that their solutions remain relevant and effective in a rapidly evolving market.

The company's financial condition reflects stability and growth, with a strong commitment to delivering value to its shareholders. Strategic partnerships and collaborations further strengthen MultiPlan's market position, enabling them to expand their reach and impact within the healthcare sector. Through continuous innovation and a customer-centric approach, MultiPlan is well-positioned to address the complex challenges of today's healthcare landscape.

For the latest updates on MultiPlan Corporation, including recent developments, performance metrics, and news, investors can stay informed through various news sources and financial reports.

03/29/2024 04:30 PM

News

MultiPlan Corporation Receives Continued Listing Standard Notice from NYSE

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MultiPlan (MPLN) received a notice from the NYSE stating non-compliance with the minimum price criteria, giving the company six months to regain compliance. The company plans to notify the NYSE of its intent to cure the deficiency, which may involve a reverse stock split. Despite the notice, the Common Stock will continue to be listed and traded on the NYSE. The company reassures shareholders that the notice has no immediate impact on its business operations or reporting obligations.

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03/07/2024 08:00 AM

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MultiPlan Appoints Jerry Hogge as Chief Operating Officer

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MultiPlan Corporation (MPLN) appoints Jerry Hogge as Executive Vice President and Chief Operating Officer to drive growth and innovation. Hogge's extensive experience in healthcare and telecommunications industries positions him well to lead MultiPlan through its next phase of evolution. His focus on operational efficiency, growth, and diversification aligns with MultiPlan's goals of expanding service offerings and market share.

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03/04/2024 08:55 AM

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MultiPlan Corporation to present at Barclays 26th Annual Global Healthcare Conference

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MultiPlan Corporation (MPLN) will participate in a fireside chat at the Barclays 26th Annual Global Healthcare Conference. The event will take place on March 12, 2024, at 3:05 p.m. Eastern Daylight Time. Investors can listen to the live webcast on MultiPlan's website.

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03/01/2024 06:00 PM

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Grant of Awards to New MultiPlan CEO, Travis Dalton, under NYSE Listing Rules

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MultiPlan Corporation (MPLN) granted employment inducement awards to Travis Dalton, its President and CEO, consisting of 6,849,315 options and 4,504,504 restricted stock units, subject to continued employment. The awards were approved by the Compensation Committee under NYSE rules.

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02/29/2024 06:00 AM

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MultiPlan Reports Fourth Quarter and Full Year 2023 Results

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MultiPlan Corporation reported Q4 2023 revenues of $244.1 million, a net loss of $31.4 million, and adjusted EBITDA of $156.8 million. Full Year 2023 saw revenues of $961.5 million, a net loss of $91.7 million, and adjusted EBITDA of $618.0 million. The company identified potential medical cost savings of $5.9 billion in Q4 2023, up from previous quarters. MultiPlan deployed cash for acquisitions, debt repurchases, and share repurchases in 2023. The company provided guidance for 2024 with revenues expected to be between $1,000 million to $1,030 million and adjusted EBITDA between $630 million to $650 million.

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02/01/2024 08:00 AM

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MultiPlan Corporation Announces Fourth Quarter and Full Year 2023 Earnings Conference Call

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MultiPlan Corporation (MPLN) will release its fourth quarter and full year 2023 financial results on February 29, 2024, and hold a conference call at 8:00 am Eastern Time. Investors and analysts can pre-register for the call and access the live webcast through the Investor Relations section of the Company’s website. A replay will also be available for those unable to listen to the live conference call.

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01/04/2024 08:00 AM

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MultiPlan Announces CEO Succession Plan

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MultiPlan Corporation (MPLN) Announces Travis Dalton as New President and CEO, Aligning with Growth Strategy and Product Innovation

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12/06/2023 04:30 PM

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MultiPlan Corporation to present at the 42nd Annual J.P. Morgan Healthcare Conference

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MultiPlan Corporation (MPLN) will participate in a fireside chat at the 42nd Annual J.P. Morgan Healthcare Conference on January 9, 2024, to discuss industry trends and the Company’s 2023 performance.

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11/16/2023 08:00 AM

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MultiPlan Corporation Announces Participation at Upcoming Conferences

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MultiPlan Corporation (NYSE:MPLN) Announces Participation in Upcoming Conferences in November 2023

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11/08/2023 08:00 AM

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MultiPlan Announces Extension of $100 Million Share Repurchase Program

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MultiPlan Corporation (MPLN) Announces Extension of $100 Million Stock Repurchase Program Through 2024

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FAQ

What is the current stock price of Multiplan Corporation (MPLN)?

The current stock price of Multiplan Corporation (MPLN) is $19.61 as of February 25, 2025.

What is the market cap of Multiplan Corporation (MPLN)?

The market cap of Multiplan Corporation (MPLN) is approximately 472.2M.

What does MultiPlan Corporation do?

MultiPlan Corporation provides data analytics and technology-enabled solutions to improve affordability, efficiency, and fairness in the U.S. healthcare industry.

What services does MultiPlan offer?

MultiPlan offers end-to-end cost management, payment integrity, and revenue integrity solutions, including network-based and analytics-based services.

How does MultiPlan enhance healthcare payments?

MultiPlan uses advanced analytics to identify cost-saving opportunities, improve payment accuracy, and ensure fair pricing for healthcare services.

Who are MultiPlan's clients?

MultiPlan collaborates with healthcare payers, providers, and other stakeholders to streamline operations and enhance financial performance.

What are some recent achievements of MultiPlan?

Recent achievements include advancements in their analytics platform, offering clients deeper insights and more efficient processes.

Is MultiPlan financially stable?

Yes, MultiPlan's financial condition reflects stability and growth, with a strong commitment to delivering value to its shareholders.

What strategic partnerships does MultiPlan have?

MultiPlan's strategic partnerships and collaborations strengthen its market position and expand its reach within the healthcare sector.

How does MultiPlan stay relevant in the healthcare industry?

MultiPlan invests in cutting-edge technology and continuous innovation to ensure their solutions remain effective in the rapidly evolving healthcare market.

Where can I find the latest updates on MultiPlan Corporation?

Investors can stay informed through various news sources and financial reports for the latest updates on MultiPlan Corporation.

What is MultiPlan's approach to addressing healthcare challenges?

MultiPlan employs a customer-centric approach, combining advanced technology and data analytics to address the complex challenges of today's healthcare landscape.