MultiPlan receives the 2022 CIO 100 award

Foundry’s CIO 100 Award Recognizes Company Excellence and Innovation in IT

NEW YORK, March 21, 2022–(BUSINESS WIRE)–MultiPlan, a leading provider of technology-based data analytics and cost management, as well as payment and revenue integrity solutions for the U.S. healthcare industry, was named the winner of the 2022 CIO 100 Award. For more than 30 years, CIO Magazine’s CIO 100 Awards have recognized innovative organizations around the world that exemplify the highest level of strategic and operational excellence in IT.

The CIO 100 Awards specifically recognized MultiPlan for its Negotiation Prioritization Project which implemented advanced machine learning techniques to streamline this highly sensitive area of ​​its business, driving greater client value while improving workflow , efficiency and increasing return on investment for MultiPlan. The project team optimized the machine learning effort with a set of complex business rules unique to the company and its customers.

“I couldn’t be prouder of our operations and technology teams for working together to build such an outstanding and successful machine learning project for MultiPlan,” said Michael Kim, MultiPlan CIO. “The failure rates of most AI and machine learning projects are high and rarely make it into production, let alone produce results. The MultiPlan team has built an incredible model blending human and artificial intelligence for near immediate success and positive results for our negotiating team and for our clients.”

The project also outlines the best change management processes to ensure adoption. The project team actively engaged and collaborated with end users in a variety of ways, including user focus groups, pilot test groups, internal marketing campaigns, multiple feedback loops, and more.

“This year’s CIO 100 class demonstrates courage, innovation and thorough teamwork. Many projects relate to streamlining data and information flows to energize the business, bring innovations such as the metaverse to life, and drive value during the pandemic in multiple ways,” said Anne McCrory, Group VP , Customer Experience & Operations, Foundry, formerly IDG Communications, Inc. Awards in California in August.”

For more information about MultiPlan and its award-winning service offerings, please visit https://www.multiplan.us.

About MultiPlan

MultiPlan is committed to helping healthcare payers manage the cost of care, improve their competitiveness and inspire positive change. Leveraging sophisticated technology, data analytics and a team rich in industry experience, MultiPlan interprets client needs and customizes innovative solutions that combine its payment and revenue integrity services , network-based and analytics-based. MultiPlan is a trusted partner to more than 700 healthcare payers in commercial healthcare, government and P&C insurance markets. For more information, visit https://www.multiplan.com.

About CIO 100 Awards

The annual CIO 100 Awards celebrate 100 organizations and their teams that use IT in innovative ways to deliver business value, whether by creating competitive advantage, optimizing business processes, driving growth or improving relationships with customers. The award is a recognized mark of corporate excellence. Coverage of the 2022 CIO 100 winning projects will be available online at CIO.com.

About the IT Director

CIO strives to attract the greatest concentration of enterprise CIOs and enterprise technology executives with unparalleled peer-to-peer vision and expertise in business strategy, innovation, and leadership . As organizations grow with digital transformation, CIO provides readers with key career development insights, including certifications, hiring practices, and skills development. CIO’s award-winning portfolio provides enterprise technology leaders with analysis and insight into information technology trends and a deep understanding of the role of IT in achieving business goals. CIO is published by Foundry (formerly IDG Communications, Inc.) Company information is available at http://www.foundryco.com.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220321005684/en/

contacts

Investor Relations
Luke Montgomery, CFA
SVP, Finance and Investor Relations
866-909-7427
[email protected]

Shawna Gasik
AVP, Investor Relations
[email protected]
866-909-7427

Media Relations
Pamela Walker
Senior Director, Marketing and Communications
[email protected]
781-895-3118

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