MultiPlan Corporation (MPLN)
$
23.15
-0.36 (-1.56%)
Key metrics
Financial statements
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
MultiPlan Corporation, along with its subsidiaries, operates in the healthcare industry in the United States, offering data analytics and technology-driven solutions for cost management, payment, and revenue integrity. The company's services are designed to optimize healthcare expenditure; it leverages analytics-based methods to detect claims overcharges and support reimbursement negotiations, thereby reducing medical costs through data-driven algorithms. Furthermore, its network-based services establish contracted discounts with healthcare providers, contributing to significant cost reductions. The company also emphasizes payment and revenue integrity services, which focus on identifying and eliminating improper and unnecessary charges paid during claims processing. In addition, MultiPlan provides health benefit plans, featuring reference-based pricing along with tools that engage health plan members and providers to maximize benefit utilization both prior to and following healthcare delivery. In terms of financial performance, MultiPlan earned an interest income of $3,130,000.00 showcasing its financial investments. The company reported an income before tax of -$1,645,831,000.00 highlighting its pre-tax profitability. An operating income of -$1,389,931,000.00 reflects the earnings derived from its core operations. The earnings per share (EPS) is reported at -$100.00 indicating the company’s profitability on a per-share basis, while the net income ratio stands at -$1.77 reflecting the company's profitability margin. On the financial markets, MultiPlan's stock is affordable at $23.15 making it appealing to budget-conscious investors. Despite its accessibility, the stock has a low average trading volume of 207,985.00 indicating lower levels of market activity. With a market capitalization of $374,983,700.00 the company is classified as a small-cap player, which often signifies growth potential. As a key player in the Medical - Healthcare Information Services industry, MultiPlan significantly contributes to the overall market landscape. Additionally, it belongs to the Healthcare sector, driving innovation and growth forward, further solidifying its role in the healthcare market.
What is MultiPlan Corporation (MPLN)'s stock forecast?
Analysts predict MultiPlan Corporation stock to fluctuate between $4.80 (low) and $38.49 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is MultiPlan Corporation's market capitalization?
As of 2025-02-27, MultiPlan Corporation's market cap is $374,983,700, based on 16,198,000 outstanding shares.
How does MultiPlan Corporation compare to competitors like Meta Platforms, Inc. Class A Common Stock?
Compared to Meta Platforms, Inc. Class A Common Stock, MultiPlan Corporation has a Lower Market-Cap, indicating a difference in performance.
How can I buy MultiPlan Corporation (MPLN) stock?
To buy MultiPlan Corporation (MPLN) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for MPLN. Place an order (Market, Limit, etc.).
What is the best time to invest in MultiPlan Corporation?
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Has MultiPlan Corporation stock ever split?
MultiPlan Corporation's last stock split was 1:40 on 2024-09-23.
How did MultiPlan Corporation perform in the last earnings report?
Revenue: $930,624,000 | EPS: -$100 | Growth: 1,685.71%.
Where can I find MultiPlan Corporation's investor relations reports?
Visit https://www.multiplan.us/investor-relations for detailed financial reports.
Where can I find historical stock prices for MultiPlan Corporation?
You can explore historical data from here
What is the all-time high and low for MultiPlan Corporation stock?
All-time high: $418.80 (2020-10-09) | All-time low: $4.80 (2024-11-19).
What are the key trends affecting MultiPlan Corporation stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
businesswire.com
21 days ago
SAN DIEGO--(BUSINESS WIRE)-- #5hmC--ClearNote Health's Avantect Pancreatic Cancer Test will now be available to members accessing Claritev's national PHCS and MultiPlan Networks.
seekingalpha.com
a month ago
Claritev Corporation (MPLN) Q4 2024 Earnings Call Transcript
zacks.com
a month ago
MultiPlan Corporation (MPLN) came out with a quarterly loss of $5.14 per share versus the Zacks Consensus Estimate of a loss of $2.33. This compares to loss of $2.40 per share a year ago.
businesswire.com
a month ago
NEW YORK--(BUSINESS WIRE)--Claritev Reports Fourth Quarter and Full Year 2024 Results with Initial Guidance for Full Year 2025.
businesswire.com
a month ago
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
2 months ago
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 months ago
NEW YORK--(BUSINESS WIRE)--MultiPlan Corporation Announces Fourth Quarter and Full Year 2024 Earnings Conference Call.
businesswire.com
2 months ago
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.
zacks.com
3 months ago
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.
businesswire.com
3 months ago
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.
See all news
