MultiPlan Reports Second Quarter 2022 Results
(NYSE:MPLN) MultiPlan reports financial results for the second quarter ending June 30, 2022.
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MultiPlan Invests $15 Million in Abacus Insights
MultiPlan announced it is making a $15 million investment in Abacus Insights, a mission-driven company committed to solving complex healthcare data problems that will ultimately benefit healthcare payors, their members and the providers that serve them.
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Collaboration is No Longer Optional for Healthcare Players
Healthcare costs in the U.S. are rising to $4 trillion annually, accounting for 17% of the economy. The increased pace towards a value-based care system could be a crucial step to rein in the rising cost of healthcare. This trend accelerates the need for collaboration between payors, providers, employers and health plan members.
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The Road to MRFs’ Final Data Schema Has Several Speedbumps
In October 2020, CMS issued the Transparency in Coverage final rule. As part of this rule, health plans are required to publish machine-readable files (MRFs) for their negotiated rates, out-of-network allowed amounts, and prescription (Rx) coverage rates and allowed amounts. On March 1, 2022 approximately 18 months after the rule was issued, CMS locked v1.0.1 of the schema for MRFs. Getting to this “enforcement data schema” wasn’t easy. There were 20 other versions of the schema before it — and CMS may not be finished fine tuning it either.
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MultiPlan Reports First Quarter 2022 Results
MultiPlan reports financial results for the first quarter ending March 31, 2022.
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MultiPlan Corporation Announces Participation at Upcoming Conferences
MultiPlan announces that members of its management team will participate in person at the Goldman Sachs Seventh Annual Leveraged Finance and Credit Conference and at the Barclays High Yield Bond & Syndicated Loan Conference in May 2022.
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Infographic: Maximizing Workforce Efficiency with Machine Learning
This infographic demonstrates how Claritev used machine learning to maximize workforce efficiency with its negotiation prioritization tool. Claims negotiation is a time-consuming, high-touch process. Claritev embraced machine learning, combined with human intelligence to prioritize the workstream. Results? A near flawless implementation showed increased productivity and efficiency, greater customer value, and an award-winning tool—receiving the CIO 100 Award and the “Healthcare Data Solution of the Year” by Data Breakthrough.
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HST announces two new contract agreements
HST has completed two new agreements with Cancer Treatment Centers of America, a national oncology network and Franciscan Missionaries of Our Lady Health System.
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MultiPlan Wins “Healthcare Data Solution of the Year” Designation in 2022 Data Breakthrough Awards Program
MultiPlan’s data team’s machine learning model earned top honors in the Data Breakthrough Awards as “Healthcare Data Solution of the Year.” MultiPlan’s negotiation prioritization tool helps its claims negotiators identify the most efficient workflow to streamline claim management. The predictive tool is credited with fueling productivity and delivering increased results.
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MultiPlan Receives 2022 CIO 100 Award
MultiPlan announces 2022 CIO 100 award for its machine learning negotiation prioritization project.