Who owns MultiPlan?

Nation’s Largest Independent PPO Poised for Growth New York, NY – MultiPlan, Inc. and The Carlyle Group yesterday completed the previously announced acquisition by Carlyle of MultiPlan, the largest independent PPO in America.

What’s the largest PPO network in America?

The MultiPlan PHCS network
The MultiPlan PHCS network is the nation’s largest and most comprehensive independent PPO network. This network offers access in all states and includes more than 700,000 healthcare professionals, 4,500 hospitals and 70,000 ancillary care facilities.

Is MultiPlan a public company?

As a public company, MultiPlan will have greater strategic and financial flexibility, making it better equipped to expand organically, through adjacent acquisitions and by investing in new technologies.

What is the largest and oldest PPO network in America?

MultiPlan
MultiPlan is the nation’s oldest and largest independent Preferred Provider Organization (PPO) network offering nationwide access to more than 4,200 hospitals, 90,000 ancillary care facilities and 450,000 physicians and specialists.

How does MultiPlan make money?

This makes sense from MultiPlan’s perspective, as MultiPlan’s revenue (as far as I can tell—they’re not yet public) comes from a combination of the contract fees that insurers pay to access MultiPlan’s network, in addition to a percentage of the “savings” MultiPlan gets for insurers by routinely lowballing doctors.

Is MultiPlan a good investment?

A good investment? Since its original purchase by The Carlyle Group in 2006 at an enterprise value of $1 billion, MultiPlan has increased its valuation to over $11 billion, making it a huge winner for the private equity investors.

Who founded MultiPlan?

Doug Klunder of
Multiplan

Multiplan on MS-DOS (top) and the Commodore 64
Developer(s) Doug Klunder of Microsoft
Initial release August 1982
Written in p-code C
Operating system CP/M, Apple II, Macintosh, MS-DOS, Xenix, Commodore 64, CTOS, TI-99/4A, TRS-80, UNIX, Thomson