Healthcare -
Medical - Healthcare Information Services - NYSE - US
$ 23.15
-1.53 %
$ 375 M
Market Cap
-0.23
P/E
1. INTRINSIC VALUE
Balance Sheet
MultiPlan Corporation
| Current Assets | 194 M |
| Cash & Short-Term Investments | 71.5 M |
| Receivables | 76.6 M |
| Other Current Assets | 45.5 M |
| Non-Current Assets | 6.77 B |
| Long-Term Investments | 15 M |
| PP&E | 287 M |
| Other Non-Current Assets | 6.47 B |
| Current Liabilities | 167 M |
| Accounts Payable | 19.6 M |
| Short-Term Debt | 18 M |
| Other Current Liabilities | 129 M |
| Non-Current Liabilities | 5.09 B |
| Long-Term Debt | 4.55 B |
| Other Non-Current Liabilities | 539 M |
EFFICIENCY
Earnings Waterfall
MultiPlan Corporation
| Revenue | 962 M |
| Cost Of Revenue | 655 M |
| Gross Profit | 306 M |
| Operating Expenses | 564 M |
| Operating Income | 173 M |
| Other Expenses | 265 M |
| Net Income | -91.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
MultiPlan Corporation
| Net Income | -91.7 M |
| Depreciation & Amortization | 426 M |
| Capital Expenditures | -109 M |
| Stock-Based Compensation | 18 M |
| Change in Working Capital | -21.9 M |
| Others | -57.6 M |
| Free Cash Flow | 62.9 M |
Wall Street Analysts Price Targets
MultiPlan Corporation
Wall Street analysts predict an average 1-year price target for MPLN of $10 , with forecasts ranging from
a
low of
$10 to a high of $10 .
MPLN Lowest Price Target
Wall Street Target
10 USD
-56.80%
MPLN Average Price Target
Wall Street Target
10 USD
-56.80%
MPLN Highest Price Target
Wall Street Target
10 USD
-56.80%
4. DIVIDEND
ANALYSIS
MPLN does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
MultiPlan Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
250 K USD 1
3-6 MONTHS
635 K USD 3
6-9 MONTHS
96 K USD 1
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
3 months ago
Nov 15, 2024
|
Bought
250 K USD
|
Kim Michael
SVP, Chief Information Officer
|
+ 40000
|
6.2397 USD |
|
6 months ago
Aug 07, 2024
|
Bought
78.8 K USD
|
Mintz William B.
SVP, Corp. Affairs/Strategy
|
+ 197000
|
0.4 USD |
|
6 months ago
Aug 06, 2024
|
Bought
25.6 K USD
|
Mintz William B.
SVP, Corp. Affairs/Strategy
|
+ 81165
|
0.3149 USD |
|
6 months ago
Aug 07, 2024
|
Bought
185 K USD
|
Dalton Travis
Pres., Chief Executive Officer
|
+ 500000
|
0.37 USD |
|
6 months ago
Aug 06, 2024
|
Bought
46.5 K USD
|
Garis Douglas Michael
EVP, CFO & Treasurer
|
+ 150000
|
0.3097 USD |
|
6 months ago
Aug 06, 2024
|
Bought
299 K USD
|
Garis Douglas Michael
EVP, CFO & Treasurer
|
+ 1000000
|
0.2993 USD |
|
9 months ago
May 16, 2024
|
Bought
96 K USD
|
Colaluca Anthony Jr
Director
|
+ 160000
|
0.6 USD |
|
2 years ago
Nov 21, 2022
|
Bought
51.4 K USD
|
Colaluca Anthony Jr
Director
|
+ 35000
|
1.4698 USD |
|
2 years ago
Aug 22, 2022
|
Sell 8.55 M
USD
|
Tabak Mark
Director
|
- 2250000
|
3.8 USD |
|
2 years ago
Aug 22, 2022
|
Sell 8.55 M
USD
|
Tabak Mark
director:
|
- 2250000
|
3.8 USD |
|
2 years ago
Aug 11, 2022
|
Sell 218 K
USD
|
Kim Michael
SVP, Chief Information Officer
|
- 50000
|
4.3672 USD |
|
3 years ago
Nov 29, 2021
|
Bought
1.3 M USD
|
Head James M
EVP & Chief Financial Officer
|
+ 300000
|
4.34 USD |
|
3 years ago
Nov 05, 2021
|
Bought
99 K USD
|
Colaluca Anthony Jr
Director
|
+ 25000
|
3.96 USD |
|
3 years ago
Aug 20, 2021
|
Bought
72 K USD
|
Klapstein Julie D
Director
|
+ 12000
|
5.9964 USD |
|
4 years ago
Dec 07, 2020
|
Bought
13.3 M USD
|
H&F Corporate Investors VIII, Ltd.
10 percent owner
|
+ 1597324
|
8.3446 USD |
|
4 years ago
Dec 04, 2020
|
Bought
865 K USD
|
H&F Corporate Investors VIII, Ltd.
10 percent owner
|
+ 114721
|
7.5363 USD |
|
4 years ago
Dec 04, 2020
|
Bought
700 K USD
|
AUGUST GLENN R
Director
|
+ 100000
|
7 USD |
|
4 years ago
Dec 03, 2020
|
Bought
3.7 M USD
|
AUGUST GLENN R
Director
|
+ 529213
|
6.9983 USD |
|
4 years ago
Dec 02, 2020
|
Bought
1.38 M USD
|
AUGUST GLENN R
Director
|
+ 197052
|
6.9967 USD |
|
4 years ago
Nov 18, 2020
|
Bought
101 K USD
|
Galant Paul
President, New Markets
|
+ 14050
|
7.1683 USD |
|
4 years ago
Nov 17, 2020
|
Bought
102 K USD
|
Galant Paul
President, New Markets
|
+ 14500
|
7.0056 USD |
|
4 years ago
Nov 17, 2020
|
Bought
4.93 M USD
|
Klein Michael Stuart
Director
|
+ 700000
|
7.037 USD |
|
4 years ago
Nov 16, 2020
|
Bought
4.98 M USD
|
Klein Michael Stuart
Director
|
+ 700000
|
7.1106 USD |
|
4 years ago
Nov 13, 2020
|
Bought
4.89 M USD
|
Klein Michael Stuart
Director
|
+ 741000
|
6.596 USD |
|
4 years ago
Oct 07, 2020
|
Bought
2.69 M USD
|
Klein Michael Stuart
director, 10 percent owner:
|
+ 261711
|
10.2967 USD |
|
4 years ago
Oct 06, 2020
|
Bought
2.27 M USD
|
Klein Michael Stuart
director, 10 percent owner:
|
+ 220000
|
10.31 USD |
|
4 years ago
Oct 07, 2020
|
Bought
2.69 M USD
|
Klein Mark D
Director
|
+ 261711
|
10.2967 USD |
|
4 years ago
Oct 06, 2020
|
Bought
2.27 M USD
|
Klein Mark D
Director
|
+ 220000
|
10.31 USD |
7. News
Claritev Provides Oracle Cloud HCM Customers with Actionable Insights for Healthcare Cost Optimization and Plan Design
NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--Claritev Corporation (“Claritev” or the “Company”) (NYSE: MPLN), formerly known as MultiPlan, a technology, data and insights company focused on making healthcare more affordable, transparent and fair for all, and an Oracle partner, announced today its analytics solution, BenInsights®, has achieved Integrated with Oracle Cloud Expertise and is now available in the Oracle Cloud Marketplace, offering added value to Oracle Cloud customers. The BenInsights platform enable.
businesswire.com
- 1 week ago
MultiPlan Enters New Era and Unveils New Brand, Claritev, Reflecting Company's Transformation and Mission to Support the Healthcare Continuum
NEW YORK--(BUSINESS WIRE)--Claritev Corporation (“Claritev” or the “Company”) (NYSE: MPLN), formerly known as MultiPlan, a technology, data and insights company focused on making healthcare more affordable, transparent and fair for all, announced today a corporate rebrand to Claritev. The Company will also start trading with a new ticker, CTEV, on the New York Stock Exchange on February 28, 2025. Founded in 1980, the Company plays a significant role in delivering access to care through provider.
businesswire.com
- 2 weeks ago
MultiPlan Corporation Announces Fourth Quarter and Full Year 2024 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--MultiPlan Corporation Announces Fourth Quarter and Full Year 2024 Earnings Conference Call.
businesswire.com
- 1 month ago
MultiPlan Announces Expiration and Results of Exchange Offers and Consent Solicitations for Outstanding Notes and Term Loans with Over 99% Participation of Existing Noteholders and Lenders
NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (NYSE: MPLN) (“MultiPlan” or the “Company”), a leading provider of technology and data solutions focused on cost management, improving quality and transparency in healthcare, today announced the expiration and results of the previously announced separate offers to exchange (each an “Exchange Offer” and, together, the “Exchange Offers”) (i) 5.50% Senior Secured Notes due 2028 issued by MPH Acquisition Holdings LLC (“MPH”) (the “Existing Secured No.
businesswire.com
- 1 month ago
MultiPlan (MPLN) Soars 15.5%: Is Further Upside Left in the Stock?
MultiPlan (MPLN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
zacks.com
- 1 month ago
MultiPlan Selects Oracle Cloud Infrastructure to Power its Business Transformation
NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (NYSE: MPLN), a leading provider of technology and data solutions that improve affordability, quality and transparency in healthcare, will consolidate its cloud infrastructure on Oracle Cloud Infrastructure (OCI) to support its previously disclosed digital transformation. OCI will also help MultiPlan better support its clients' needs by improving efficiency and creating a more flexible infrastructure that meets evolving market demands. “Migrating.
businesswire.com
- 1 month ago
MultiPlan and J2 Health Announce Strategic Agreement to Enhance Network Services and Analytics
NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (“MultiPlan” or the “Company”) (NYSE: MPLN), a leading provider of technology and data solutions that improve affordability, quality and transparency in healthcare, today announced an agreement with J2 Health, a cloud-based software solution that optimizes provider network performance. This strategic agreement will support MultiPlan's network optimization strategy, providing tailored solutions and resource efficiency that ultimately reduces healt.
businesswire.com
- 1 month ago
MultiPlan Announces Commencement of Exchange Offers and Consent Solicitations for Outstanding Notes
NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (NYSE: MPLN) (“MultiPlan” or the “Company”), a leading provider of technology and data solutions focused on cost management, improving quality and transparency in healthcare, today announced a comprehensive refinancing to extend the maturities of its entire debt capital structure. “Our top priority is investing in our business to drive MultiPlan's organic growth. This refinancing extends our debt maturities and will ensure that our capital struct.
businesswire.com
- 2 months ago
MultiPlan Announces Comprehensive Refinancing
NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (NYSE: MPLN) (“MultiPlan” or the “Company”), a leading provider of technology and data solutions focused on cost management, improving quality and transparency in healthcare, today announced a comprehensive refinancing to extend the maturities of its entire debt capital structure. MultiPlan has entered into an agreement (the “Transaction Support Agreement”) with certain ad hoc groups of noteholders and lenders collectively beneficially owning app.
businesswire.com
- 2 months ago
MultiPlan Corporation (MPLN) Q3 2024 Earnings Conference Call Transcript
MultiPlan Corporation (NYSE:MPLN ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Shawna Gasik - AVP, IR Travis Dalton - CEO Doug Garis - CFO Conference Call Participants Joshua Raskin - Nephron Research Daniel Grosslight - Citigroup Jessica Tassan - Piper Sandler Madison Aron - JPMorgan Operator Hello and welcome to the MultiPlan Corporation Third Quarter 2024 Earnings Call. My name is Harry and I will be your operator today.
seekingalpha.com
- 3 months ago
MultiPlan Corporation (MPLN) Reports Q3 Loss, Lags Revenue Estimates
MultiPlan Corporation (MPLN) came out with a quarterly loss of $1.85 per share versus the Zacks Consensus Estimate of a loss of $2.37. This compares to loss of $2.40 per share a year ago.
zacks.com
- 3 months ago
MultiPlan Reports Third Quarter 2024 Results and Updates 2024 Guidance
NEW YORK--(BUSINESS WIRE)--MultiPlan Corporation (“MultiPlan” or the “Company”) (NYSE: MPLN), 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 reported financial results for the third quarter ended September 30, 2024 and updated its full-year 2024 guidance. CEO Travis Dalton said, “During the third quarter, we experienced growth in volumes of billed charges and identified.
businesswire.com
- 3 months ago
8. Profile
Summary
MultiPlan Corporation MPLN
COUNTRY
US
INDUSTRY
Medical - Healthcare Information Services
MARKET CAP
$ 375 M
Dividend Yield
0.00%
Description
MultiPlan Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers analytics-based services, which reduce medical costs through data-driven algorithms that detect claims over-charges and recommend or negotiate reimbursement; network-based services that reduce medical costs through contracted discounts with healthcare providers; and payment and revenue integrity services, which reduce medical costs by identifying and removing improper and unnecessary charges paid during the claim. It also provides health benefit plans, which features reference-based pricing and tools to engage health plan members and providers to make the use of benefits before and after care delivery. The company serves national insurance companies, Blue Cross and Blue Shield plans, provider-sponsored and independent health plans, third party administrators, bill review companies, Taft-Hartley plans, and other entities that pay medical bills in the commercial healthcare, government, workers' compensation, and auto medical markets. MultiPlan Corporation was founded in 1980 and is headquartered in New York, New York.
Contact
115 Fifth Avenue, New York, NY, 10003
https://www.multiplan.us
IPO
Date
April 3, 2020
Employees
2800
Officers
Ms. Tara O'Neil
General Counsel
Ms. Melissa Humphrey
Senior Vice President of Marketing & Communications
Mr. Derek Reis-Larson
Senior Vice President of Claims Pricing Services
Mr. Jerome W. Hogge III
Chief Operations Officer
Ms. Carol H. Nutter
Chief People Officer
Mr. Doug Garis
Executive Vice President & Chief Financial Officer
Mr. Travis S. Dalton
Chief Executive Officer, President & Chairman
Mr. Jason Wong
Senior Vice President of Treasury & Investor Relations
Mr. Alwyn Van Heerdan
Vice President of Strategy & Corporate Development
Mr. Michael C. Kim
Chief Information Officer