MultiPlan

MultiPlan

Flexible, customizable strategies for reducing the cost of healthcare for medical payors. Learn more

Launch date
Employees
Market cap
€134m
Enterprise valuation
€4.2b (Public information from Sep 2024)
New York City New York (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues938m1.1b1.1b962m939m943m982m
% growth(5 %)19 %(3 %)(11 %)(2 %)-4 %
EBITDA299m798m719m604m583m591m618m
% EBITDA margin32 %71 %67 %63 %62 %63 %63 %
Profit(530m)102m(573m)(91.7m)(1.2b)(154m)(139m)
% profit margin(56 %)9 %(53 %)(10 %)(128 %)(16 %)(14 %)
EV / revenue5.7x2.5x0.7x1.0x0.2x0.2x0.1x
EV / EBITDA17.9x3.5x1.0x1.6x0.3x0.3x0.3x
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DateInvestorsAmountRound
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N/A

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N/A

Growth Equity VC

$1.0b

Valuation: $11.0b

11.2x EV/LTM Revenues

14.5x EV/LTM EBITDA

SPAC IPO
N/A

$2.6b

Valuation: $11.0b

11.2x EV/LTM Revenues

14.5x EV/LTM EBITDA

SPAC Private Placement
Total Funding€2.4b

Recent News about MultiPlan

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More about MultiPlaninfo icon
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MultiPlan operates in the U.S. healthcare sector, providing innovative payment solutions and flexible healthcare provider networks to healthcare payors. The company serves a diverse range of clients including over 700 customers, more than 100,000 employers, 60 million consumers, and 1.4 million contracted providers. MultiPlan's business model focuses on reducing healthcare costs, improving competitiveness, and inspiring positive change within the healthcare system. The company generates revenue by offering services that help manage the cost of care, identify potential medical savings, and lower out-of-pocket expenses for consumers. In 2023, MultiPlan identified $22.9 billion in potential medical savings, significantly impacting the healthcare cost curve. The company's ongoing expansion and enhancement of its services and products position it well to continue delivering value to its extensive client base.

Keywords: healthcare, payment solutions, provider networks, cost reduction, medical savings, healthcare payors, competitiveness, U.S. healthcare, out-of-pocket costs, balance billing.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by MultiPlan

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Discovery Health Partners
ACQUISITION by MultiPlan Mar 2021
Benefits Science
ACQUISITION by MultiPlan May 2023
HST
ACQUISITION by MultiPlan Nov 2020