MultiPlan is committed to helping healthcare payors manage the cost of care, improve their competitiveness and inspire positive change. Leveraging sophisticated technology, data analytics and a team rich with industry experience, MultiPlan interprets clients' needs and customizes innovative solutions that combine its payment integrity, network-based and analytics-based services. MultiPlan is a trusted partner to over 700 healthcare payors in the commercial health, dental, government and property and casualty markets.
Company profile
Ticker
MPLN, MPLN-WT
Exchange
Website
CEO
Dale A. White
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Butler Acquisition Corp, Churchill Capital Corp III
SEC CIK
Corporate docs
Subsidiaries
Polaris Parent LLC • Polaris Intermediate Corp. • MPH Acquisition Corp • DKL Insurance Company, Inc. • MPH Acquisition Holdings LLC • MPH Intermediate Holding Company • MultiPlan Holding Corporation • MultiPlan, Inc. • HST Acquisition Corp. • HSTechnology Solutions, Inc. ...
IRS number
843536151
MPLN stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
13 Mar 24
DEF 14A
Definitive proxy
13 Mar 24
8-K
MultiPlan Appoints Jerry Hogge as Chief Operating Officer
7 Mar 24
S-8
Registration of securities for employees
1 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
MultiPlan Reports Fourth Quarter and Full Year 2023 Results
29 Feb 24
25-NSE
Exchange delisting
10 Jan 24
8-K
MultiPlan Announces CEO Succession Plan
4 Jan 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
3 Jan 24
10-Q
2023 Q3
Quarterly report
8 Nov 23
Transcripts
MPLN
Earnings call transcript
2023 Q4
29 Feb 24
MPLN
Earnings call transcript
2023 Q3
7 Nov 23
MPLN
Earnings call transcript
2023 Q2
2 Aug 23
MPLN
Earnings call transcript
2023 Q1
4 May 23
MPLN
Earnings call transcript
2022 Q4
28 Feb 23
MPLN
Earnings call transcript
2022 Q3
8 Nov 22
MPLN
Earnings call transcript
2022 Q2
7 Aug 22
MPLN
Earnings call transcript
2022 Q1
10 May 22
MPLN
Earnings call transcript
2021 Q4
17 Feb 22
MPLN
Earnings call transcript
2021 Q3
3 Nov 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 107.61 mm | 107.61 mm | 107.61 mm | 107.61 mm | 107.61 mm | 107.61 mm |
Cash burn (monthly) | (no burn) | 27.85 mm | (no burn) | 50.64 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | 165.81 mm | n/a | 301.50 mm | n/a | n/a |
Cash remaining | n/a | -58.20 mm | n/a | -193.89 mm | n/a | n/a |
Runway (months of cash) | n/a | -2.1 | n/a | -3.8 | n/a | n/a |
Institutional ownership, Q2 2023
40.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 28 |
Opened positions | 14 |
Closed positions | 107 |
Increased positions | 0 |
Reduced positions | 9 |
13F shares | Current |
---|---|
Total value | 913.75 mm |
Total shares | 264.12 mm |
Total puts | 0.00 |
Total calls | 17.80 mm |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Hellman & Friedman Investors VIII | 215.51 mm | $0.00 |
Green Equity Investors VI | 38.45 mm | $0.00 |
Public Investment Fund | 2.50 mm | $234.25 mm |
Magnetar Financial | 2.21 mm | $206.98 mm |
LMR Partners | 783.32 k | $73.40 mm |
Ionic Capital Management | 631.25 k | $59.15 mm |
TENOR CAPITAL MANAGEMENT | 624.05 k | $58.47 mm |
Difesa Capital Management | 595.41 k | $55.79 mm |
Davidson Kempner Capital Management | 431.25 k | $40.41 mm |
CSS | 420.42 k | $39.39 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Mar 24 | Jerome Hogge | Class A common stock | Grant | Acquire A | No | No | 0 | 1,041,667 | 0.00 | 1,041,667 |
1 Mar 24 | Jeffrey Doctoroff | Class A common stock | Grant | Acquire A | No | No | 1.11 | 364,865 | 405.00 k | 1,534,781 |
1 Mar 24 | Jeffrey Doctoroff | Class A common stock | Payment of exercise | Dispose F | No | No | 1.11 | 63,247 | 70.20 k | 1,169,916 |
1 Mar 24 | Jeffrey Doctoroff | Class A common stock | Payment of exercise | Dispose F | No | No | 1.11 | 8,436 | 9.36 k | 1,233,163 |
1 Mar 24 | James M Head | Class A common stock | Grant | Acquire A | No | No | 1.11 | 1,387,388 | 1.54 mm | 3,682,613 |
1 Mar 24 | James M Head | Class A common stock | Payment of exercise | Dispose F | No | No | 1.11 | 226,997 | 251.97 k | 2,295,225 |
1 Mar 24 | Michael Kim | Class A common stock | Grant | Acquire A | No | No | 1.11 | 291,996 | 324.12 k | 1,275,282 |
1 Mar 24 | Michael Kim | Class A common stock | Payment of exercise | Dispose F | No | No | 1.11 | 57,329 | 63.64 k | 983,286 |
1 Mar 24 | Michael Kim | Class A common stock | Payment of exercise | Dispose F | No | No | 1.11 | 7,545 | 8.37 k | 1,040,615 |
News
MultiPlan Appoints Jerry Hogge As Chief Operating Officer
7 Mar 24
Earnings Scheduled For February 29, 2024
29 Feb 24
Top 4 Health Care Stocks That May Explode This Month
26 Jan 24
Why Mobileye Global Shares Are Trading Lower By Over 23%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
4 Jan 24
MultiPlan Appoints Travis Dalton As President And CEO On March 1, 2024; Succeeds Dale White Who Will Remain Active As Executive Chair By Succeeding Current Chair Mark Tabak
4 Jan 24
Press releases
MultiPlan Corporation to present at Barclays 26th Annual Global Healthcare Conference
4 Mar 24
Grant of Awards to New MultiPlan CEO, Travis Dalton, under NYSE Listing Rules
1 Mar 24
MultiPlan Reports Fourth Quarter and Full Year 2023 Results
29 Feb 24
MultiPlan Announces CEO Succession Plan
4 Jan 24