Expands Payment Integrity Services and Adds a Revenue Integrity Service Line
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 technology company offering healthcare revenue and payment integrity services, for about $155 million plus transaction costs. 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 expects to fund the transaction from cash on hand.
Mishra brings two decades of health technology experience to Discovery’s senior leadership team
Discovery makes the list of Chicago’s fastest growing companies for 2020
Fasy brings experience in delivering growth and performance in fast-paced healthcare-technology environments
Discovery Health Partners Enhances Capabilities With Acquisition of Consova's Payment Integrity Business
Acquisition bolsters Discovery’s ability to accurately and effectively identify and recover overpayments for health plans
Discovery achieves 87.4 percent growth in 2019, affirming its consistent ability to maintain strong growth pace through innovation and superior payment integrity results for customers
Discovery Health Partners’ Case Open Logic Machine Learning Initiative Receives FutureEdge 50 Award from IDG
Honorees to be recognized at the AGENDA20 Conference
Retired Health Plan Alliance president advances Discovery’s goals and supports customer outcomes with innovation, product development, and strategic planning expertise
Discovery Health Partners once again places among elite group of fastest-growing companies
Subrahmanyam Mantha joins Discovery leadership team to expand payment integrity offerings
New board advances Discovery’s position as a leader in payment integrity for U.S. health payers
Discovery Health Partners Expands Pre-Pay Payment Integrity Solution Portfolio With Acquisition of HealthMind
Acquisition underscores Discovery’s strategy of delivering a comprehensive suite of payment and revenue integrity solutions powered by superior technology and advanced analytics
Dan Iantorno joins Discovery leadership team to drive business growth and solution innovation
Discovery Health Partners Tackles Subrogation Transformation Initiative, Achieves 20% More Recoveries For Clients
Itasca, IL (April 30, 2019) – Discovery Health Partners today announced a 20 percent growth in subrogation recoveries for its clients from 2016-2018 and is looking to more than double those results in 2019. This increase is due to Discovery’s strategic four-pronged subrogation transformation initiative spanning its people, process, data, and technology components.
Discovery Health Partners Showcases Expertise in Advanced Technologies and Best Practices for Maximizing Revenue and Recoveries at 2019 NOPLG Conference
Discovery, a silver sponsor of this event, features new and emerging solutions for Blues health payers
Discovery to explore revenue optimization opportunities with health plan attendees.
Discovery Health Partners Signs Up More Than 20 Health Plans For Its New ESRD Premium Restoration Solution
Solution helps Medicare Advantage plans restore underpaid premiums for members with ESRD
McDonald responsible for Discovery’s COB and Premium Restoration lines of business
Discovery Health Partners Teams with Chicago-area Button and Zipper for Post-holiday Coat Drive January 7-11, 2019
Itasca, IL (January 7, 2019) - Discovery Health Partners is joining forces with Chicago-based Button & Zipper to collect 500 coats for a post-holiday coat drive the week of January 7-11, 2019.