MultiPlan and J2 Health Announce Strategic Agreement to Enhance Network Services and Analytics
January 10 2025 - 12:30PM
Business Wire
The partnership strengthens the distribution of
solutions that unlock value and improve decision-making efficiency,
supporting providers, payors, and the broader healthcare
ecosystem
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 healthcare costs for payors.
“J2 Health shares the same goal as MultiPlan in creating
solutions that combine technology, data and insights, which in turn
impact cost, transparency and quality in the healthcare ecosystem.”
said Travis Dalton, President and Chief Executive Officer of
MultiPlan. “This agreement aims to unlock that value, which will
ultimately drive better pricing outcomes and lower costs for our
providers by increasing efficiency and reducing medical spend,
allowing them to focus on higher quality, lower cost care.”
With over 40 years of experience, MultiPlan contracts with over
1.4 million healthcare providers, providing services that
identified $22 billion of potential medical cost savings annually
on behalf of more than 700 payors and their 100,000 employer
customers. J2 Health’s cloud-based software solution will enhance
and deliver best-in-class network capabilities for payors by
reducing the lead time and cost of decision-making. The platform
complements MultiPlan’s Network and Data & Decision Science
services using its Network Management capabilities by identifying
network gaps and enabling improvements for network adequacy,
marketability and accuracy. With the agreement, MultiPlan’s clients
will benefit from enhanced network configuration, transparency and
analytics capabilities that align with industry standards and
optimize network performance for healthcare payors and their
members.
“Network intelligence and optimization are critical tools for
improving the cost, quality and experience of US healthcare,” said
Josh Poretz, Founder and CEO of J2 Health. “This strategic
agreement between J2 and MultiPlan is a big step in delivering the
insights the industry needs to be successful.”
About MultiPlan MultiPlan is committed to bending the
cost curve in healthcare by delivering transparency, fairness, and
affordability to the US healthcare system. 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20250110475982/en/
MultiPlan Media Relations Pamela Walker AVP, Marketing
& Communication MultiPlan 781-895-3118 press@multiplan.com
MultiPlan 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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