CompleteVue™ – MultiPlan’s new Pricing Analytics Solution that Empowers Healthcare Providers
12 Diciembre 2024 - 7:30AM
Business Wire
This new platform provides enriched publicly
available price transparency data to enable providers to gain
actionable insights for improved strategic financial action.
MultiPlan Corporation (NYSE: MPLN) (“MultiPlan” or the
“Company”), a leading provider of data-driven cost management
solutions that deliver transparency and promote fairness, quality
and affordability to the U.S. healthcare industry, today announced
the launch of CompleteVueTM, a modern software platform built using
publicly available price transparency data that provides advanced
analytics to help health systems and providers gain insight into
the healthcare market.
Recent legislation has brought incremental improvements in
healthcare price transparency, but providers are often struggling
to turn the complexities of large sets of unmanageable data into
actionable insights and valuable gains. With the launch of
CompleteVue, MultiPlan is complementing the recent legislation by
providing expertise and technology to advance cost transparency and
clarity in healthcare, enabling providers to focus on delivering
high-quality care for patients.
A unique product in the marketplace today for healthcare
providers, CompleteVue makes sense of the billions of public
records of healthcare pricing within seconds. CompleteVue can be
used to not only analyze and benchmark market position, but also
review critical insights and trends on market share and highly
utilized services. CompleteVue further empowers providers to
compare rates across payors and geographies. With MultiPlan’s
CompleteVue solution, healthcare providers can efficiently access
this data to improve pricing strategies, identify expansion and
growth opportunities, and optimize strategic planning.
“Rural healthcare is at an inflection point and its success is
vital to the healthcare market as more than 80% of rural America is
medically underserved1,” said Travis Dalton, President and Chief
Executive Officer of MultiPlan. “With our recent partnership with
the National Rural Health Association announced in September and
the delivery of this integral solution to empower providers, we are
uniquely positioned to transform rural healthcare as we understand
the common market pressures and demands providers face, and we want
to help.”
CompleteVue accompanies MultiPlan’s award-winning existing suite
of tools like PlanOptixTM, a price transparency solution geared
towards healthcare payors, brokers and TPAs. From the provider to
the patient, MultiPlan is advancing price transparency within the
market to bend the cost curve for all.
“CompleteVue was developed as part of MultiPlan’s continuing
efforts to provide innovative solutions that drive positive change
across all stakeholders in the healthcare ecosystem, by bringing
market efficiency to an otherwise opaque healthcare marketplace,“
said Jerry Hogge, Chief Operating Officer at MultiPlan.
“CompleteVue is a self-service platform that can be utilized by any
provider to harness the insights provided by price and transparency
for the services they deliver, which ultimately will improve
quality and value of care for all.”
The launch of CompleteVue is but one part of MultiPlan’s growth
initiative and further expands the addressable market for its
innovative healthcare cost management and tech-enabled solutions
that improve access, affordability and quality of healthcare. Learn
more about CompleteVue on MultiPlan's website.
All data within CompleteVue is based on publicly available price
transparency machine readable files, Medicare rates, and
third-party benchmark data.
About MultiPlan
MultiPlan is committed to bending the cost curve in healthcare
by delivering transparency, fairness, and affordability to the US
healthcare system. Our focus is on identifying medical savings,
helping to lower out-of-pocket costs, and reducing or eliminating
balance billing for healthcare consumers. 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, data and decision science, and
analytics-based services. MultiPlan delivers value to more than 700
healthcare payors, over 100,000 employers, 60 million consumers,
and 1.4 million contracted providers. For more information, visit
multiplan.com.
Forward Looking Statements
This press release contains forward-looking statements. These
forward-looking statements can generally be identified by the use
of forward-looking terminology, including the terms “believes,”
“estimates,” “anticipates,” “expects,” “seeks,” “projects,”
“forecasts,” “intends,” “plans,” “may,” “will” or “should” or, in
each case, their negative or other variations or comparable
terminology. These forward-looking statements include all matters
that are not historical facts, including the discussion in this
press release of the Company’s growth initiative. The
forward-looking statements are made pursuant to the Safe Harbor
provisions of the Private Securities Litigation Reform Act of 1995
and speak only as of the date they are made. Any forward-looking
statements that we make herein are not guarantees of future
performance and actual results may differ materially from those in
such forward-looking statements as a result of various factors.
Factors that may impact such forward-looking statements also
include the factors discussed under “Risk Factors” in the Company’s
Annual Report on Form 10-K for the fiscal year ended December 31,
2023 and Quarterly Report on Form 10-Q for the three months ended
September 30, 2024; and other factors beyond our control. Should
one or more of these risks or uncertainties materialize, or should
any of the assumptions prove incorrect, actual results may vary in
material respects from those projected in these forward-looking
statements. The Company’s periodic and other filings are accessible
on the SEC’s website at www.sec.gov. We undertake no obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20241211235642/en/
Media Relations Pamela Walker AVP, Marketing &
Communications MultiPlan 781-895-3118 Press@multiplan.com
Investor Relations Jason Wong SVP, Treasury & Investor
Relations MultiPlan 866-909-7427 investor@multiplan.com Shawna
Gasik AVP, Investor Relations MultiPlan 866-909-7427
investor@multiplan.com
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