Serving about 80 health plans across the U.S., including nine of the 10 largest U.S. health plans, Discovery has been recognized consistently for its growth and innovationearning a spot on the Inc. 5000 list seven years in a row, the Crains Fast 50 four times, and a prestigious FutureEdge 50 Award from IDG for innovations in machine learning. MultiPlan expects to fund the transaction from cash on hand. The transaction is expected to be completed by the end of Q1 2021, subject to satisfaction of closing conditions including customary regulatory approvals including expiration of the waiting period under the Hart-Scott-Rodino Act. MultiPlan Once the acquisition is completed, the number of commercial and government payors using MultiPlan services for in-network claims will increase markedly. MultiPlan Expands Payment Integrity Services and Adds a Revenue Integrity Service Line. elasticsearch failed to parse date field. BofA Securities served as financial advisor and Kirkland & Ellis LLP served as legal counsel to MultiPlan for this transaction. Pamela Walker It also adds revenue integrity for plans that receive premium from CMS. New York City-based payer management company MultiPlan has agreed to acquire Discovery Health Partners, a healthcare revenue analytics and technology company, for about $155 million. Discovery Health Partners Need help? Discovery Children's Center of Hamburg is a DDTCS Center. For more information on Discovery, go to www.DiscoveryHealthPartners.com. . Did you receive an inquiry about buying MultiPlan insurance? 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. SOURCES: MultiPlan Corporation, JAMA Network (Waste in the US Health Care System: Estimated Costs and Potential for Savings, October 2019), View source version on businesswire.com: Factors that may impact such forward-looking statements also include the factors discussed under Risk Factors in the Companys Registration Statement filed October 30, 2020, as amended, as such risk factors may be updated from time to time in the Companys periodic and other filings with the SEC. MultiPlan is committed to helping healthcare payors manage the cost of care, improve their competitiveness and inspire positive change. MultiPlan Corporation (MultiPlan or the Company) (NYSE: MPLN), a leading value-added provider of data analytics and technology-enabled end-to-end cost management, payment and revenue integrity solutions to the U.S. healthcare industry, today announced that it has closed the previously disclosed acquisition of Discovery Health Partners (Discovery), an analytics and technology company offering healthcare revenue and payment integrity services. Discovery Health Partners mission is to deliver unique, actionable analytic insights and technology-powered solutions to help healthcare payers improve payment integrity, increase revenue optimization, and maximize efficiencies. Use Slintel to connect with top decision-makers at Discovery Health Partners. We are not an insurance company. MultiPlan Corporation (NYSE:NYSE:MPLN) Q3 2022 Earnings Conference Call November 08, 2022, 08:00 AM ET Company Participants Shawna Gasik - AVP, IR Dale White - CEO Jim Head - CFO Conference. NEW YORK--(BUSINESS WIRE)-- For more information on Discovery, go to www.DiscoveryHealthPartners.com. TripleTree, LLC acted as the exclusive financial advisor and Goodwin Procter LLP served as legal counsel to Discovery. how to make a minecraft smp discord server. We look forward to joining forces with Discovery to deepen our value to healthcare payors and the healthcare industry as a whole.. This acquisition of Discovery will extend the reach of our program integrity solutions not only across the claim value chain but also across multiple payor lines of business. Discovery Health Partners Get Discovery Health Partners company's verified web address, revenue, total contacts 89, industry Software & Internet and location at Adapt.io MultiPlan Corp. said it's acquiring Discovery Health Partners of Itasca, Illinois, for approximately $155 million. End-Stage Renal Disease (ESRD) Premium Restoration, Navigating the No Surprises Act MultiPlans Susan Mohler to Speak at the Texas Covered Health Care Conference Nov. 8, MultiPlan Corporation Announces Third Quarter 2022 Earnings Conference Call, Pre-Payment Negotiation Is Beneficial to Payors and Providers in Settling Surprise Bills. Discovery Health Partners | 2,703 followers on LinkedIn. 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. Discoverys consultative approach to solving each customers unique challenges is powered by a data-driven technology platform, advanced analytics, and deep healthcare expertise that blend well with MultiPlans, said Jason Brown, CEO of Discovery. MultiPlan 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. march 1, 2021 - multiplan corporation ("multiplan" or the "company") (nyse: mpln), a leading value-added provider of data analytics and technology-enabled end-to-end cost management, payment and revenue integrity solutions to the u.s. healthcare industry, today announced that it has closed the previously disclosed acquisition of discovery health As your subrogation partner, MultiPlan offers deep subrogation expertise, advanced technologies, and a data-driven approachall with proven results you can trust. Company profile page for Discovery Health Partners LLC including stock price, company news, press releases, executives, board members, and contact information A total of 184 digital health companies were acquired in 2020. - Accelerates Growth and Diversifies Service Offerings - Expands Payment Integrity Services and Adds a Revenue Integrity Service Line - Deepens MultiPlans Penetration within the Government. a MultiPlan company | Discovery Health Partners offers payment and revenue integrity solutions that help healthcare payers improve financial and member outcomes. We are not an insurance company. The deal . We are extremely pleased to announce the closing of the Discovery acquisition, said Mark Tabak, MultiPlan Chairman and CEO. Our website uses cookies. 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. Serving more than 80 health plan clients, including nine of the top health payers in the nation, Discovery was named the 100th fastest growing privately held company on Inc . Itasca, Illinois, United States . With the acquisition, MultiPlan strengthens its service offering in the payment integrity market with new and complementary services to help its payor customers manage the overall cost of care and improve their competitiveness. new york, ny (january 29, 2021) - multiplan corporation ("multiplan" or the "company") (nyse: mpln), a leading value-added provider of data analytics and technology-enabled end-to-end cost management solutions to the u.s. healthcare industry, today announced an agreement to acquire discovery health partners (discovery), an analytics and Discovery Health Partners Request for Medical Claims Information Need Help? Senior Director, Marketing & Communication https://www.businesswire.com/news/home/20210121005125/en/, Investor Relations https://www.businesswire.com/news/home/20210301005222/en/, Investor Relations NEW YORK--(BUSINESS WIRE)--MultiPlan Corporation (MultiPlan or the Company) (NYSE: MPLN), a leading value-added provider of data analytics and technology-enabled end-to-end cost management, payment and revenue integrity solutions to the U.S. healthcare industry, today announced that it has closed the previously disclosed acquisition of Discovery Health Partners (Discovery), an analytics and technology company offering healthcare revenue and payment integrity services. 422 followers . Discovery Health Partners 8 years 1 month Senior Manager, Premium Restoration Services . Serving more than 80 health plans across the U.S., including many of the 10 largest U.S. health plans, Discovery . MultiPlan is a trusted partner to over 700 healthcare payors in the commercial health, government, property and casualty and dental markets. MultiPlan is a trusted partner to over 700 healthcare payors in the commercial health, government, property and casualty and dental markets. Senior Director, Marketing & Communication Leveraging sophisticated technology, data analytics and a team rich with industry experience, MultiPlan interprets clients' needs and customizes innovative solutions that combine its payment integrity, network-based and analytics-based services. new york-- ( business wire )-- multiplan corporation (nyse: mpln), a leading value-added provider of data analytics and technology-enabled end-to-end cost management solutions to the u.s. healthcare industry, today announced an agreement to acquire discovery health partners, an analytics and technology company offering healthcare revenue and There are currently no open jobs at Discovery Health Partners in Hamburg Township listed on Glassdoor. 781-895-3118, Mary Dalton January 22. Q&A with Jason Brown Discovery Health Partners in the News MultiPlan Corporation Completes Acquisition of Discovery Health Partners March 1, 2021 MultiPlan Corporation to Acquire Discovery Health Partners 781-895-3118 Leveraging sophisticated technology, data analytics and a team rich with industry experience, MultiPlan interprets clients' needs and customizes innovative solutions that combine its payment integrity, network-based and analytics-based services. New York City-based payer management company MultiPlan has agreed to acquire Discovery Health Partners, a healthcare revenue analytics and technology company, for about $155 million. Discovery works with about 80 healthcare payor customers in the Medicare Advantage, Medicaid and commercial markets to improve the integrity of their payment and revenue processes. Serving about 80 health plans across the U.S., including nine of the 10 largest U.S. health plans, Discovery has been recognized consistently for its growth and innovationearning a spot on the Inc. 5000 list seven years in a row, the Crains Fast 50 four times, and a prestigious FutureEdge 50 Award from IDG for innovations in machine learning.