MultiPlan and the National Rural Health Association Announce Strategic Alliance to Empower Rural Healthcare Providers through Innovative Technology and Services
September 25 2024 - 2:30PM
Business Wire
Uniting the combined strengths of two leading
healthcare organizations to address financial barriers to patient
care.
MultiPlan Corporation (NYSE: MPLN) (“MultiPlan” or the
“Company”), a leading provider of data-driven cost management
solutions that deliver transparency and promote fairness, quality
and affordability to the U.S. healthcare industry, and the National
Rural Health Association (NRHA), a non-profit membership
organization that provides leadership on rural health issues,
announced today a strategic alliance to improve access to
high-quality healthcare services in rural communities by empowering
rural healthcare providers with innovative technology and
actionable insights.
In today’s healthcare ecosystem, rural healthcare providers face
significant challenges. With increasing financial pressures
exacerbated by staffing shortages, smaller rural populations, and
limited access to specialized services, patients in rural
communities often travel longer distances to urban facilities to
receive critical care. Only 10% of U.S. physicians practice in
these regions despite nearly 20% of the population residing in
these areas.
MultiPlan and NRHA recognize that, together, they are uniquely
positioned to transform the rural healthcare ecosystem. By
combining more than 40 years of expertise with innovative
technology, public data and data-driven insights, the partnership
aims to reduce costs, bring transparency, and ultimately improve
the quality of healthcare and patient access in rural areas.
“Our passion for rural healthcare is rooted in the belief that
every patient, regardless of location, deserves access to
high-quality medical care,” said Travis Dalton, CEO and President
of MultiPlan. “With our combined understanding of rural healthcare,
and our steadfast commitment to delivering transformational
technology like CompleteVue™ to rural providers later this year,
our goal is to positively impact rural health networks and decrease
healthcare costs, ensuring access to quality care is not only
maintained but improved.”
This strategic alliance will empower rural healthcare providers
by advancing advocacy initiatives that support sustainable
healthcare systems, while enhancing financial viability through the
use of tech-enabled solutions and data science expertise.
Additionally, it will foster collaboration and knowledge sharing
through increased transparency and a strong network of support
among rural healthcare providers.
“We’re excited to partner with MultiPlan and work towards a
shared vision of a robust and sustainable rural healthcare system
that meets the needs of our members and communities across the
United States,” said Alan Morgan, Chief Executive Officer of
NRHA.
For more information, visit multiplan.com.
About MultiPlan MultiPlan is committed to bending the
cost curve in healthcare by delivering transparency, fairness, and
affordability to the US healthcare system. Our focus is on
identifying medical savings, helping to lower out-of-pocket costs,
and reducing or eliminating balance billing for healthcare
consumers. Leveraging sophisticated technology, data analytics, and
a team rich with industry experience, MultiPlan interprets clients’
needs and customizes innovative solutions that combine its payment
and revenue integrity, network-based, data and decision science,
and analytics-based services. MultiPlan delivers value to more than
700 healthcare payors, over 100,000 employers, 60 million
consumers, and 1.4 million contracted providers. For more
information, visit multiplan.com.
About The National Rural Health Association NRHA is a
nonprofit organization working to improve the health and well-being
of rural Americans and provide leadership on rural health issues
through advocacy, communications, education, and research. NRHA’s
membership consists of diverse individuals and organizations, all
of whom share the common bond of an interest in rural health. For
more information, visit ruralhealth.us.
Forward Looking Statements This press release contains
forward-looking statements. These forward-looking statements can
generally be identified by the use of forward-looking terminology,
including the terms “believes,” “estimates,” “anticipates,”
“expects,” “seeks,” “projects,” “forecasts,” “intends,” “plans,”
“may,” “will” or “should” or, in each case, their negative or other
variations or comparable terminology. These forward-looking
statements include all matters that are not historical facts,
including the discussion in this press release of the potential
impact of the strategic alliance and the Company’s products and
services on rural healthcare. The forward-looking statements are
made pursuant to the Safe Harbor provisions of the Private
Securities Litigation Reform Act of 1995 and speak only as of the
date they are made. Any forward-looking statements that the Company
makes herein are not guarantees of future performance and actual
results may differ materially from those in such forward-looking
statements as a result of various factors. Factors that may impact
such forward-looking statements also include the factors discussed
under “Risk Factors” in the Company’s Annual Report on Form 10-K
for the fiscal year ended December 31, 2023 and Quarterly Report on
Form 10-Q for the three months ended June 30, 2024; and other
factors beyond our control. Should one or more of these risks or
uncertainties materialize, or should any of the assumptions prove
incorrect, actual results may vary in material respects from those
projected in these forward-looking statements. The Company’s
periodic and other filings are accessible on the SEC’s website at
www.sec.gov . The Company undertakes no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240925765797/en/
Investor Relations Luke Montgomery, CFA SVP, Finance
& Investor Relations MultiPlan 866-909-7427
investor@multiplan.com
Shawna Gasik AVP, Investor Relations MultiPlan 866-909-7427
investor@multiplan.com
Media Relations Pamela Walker AVP, Marketing &
Communications MultiPlan 781-895-3118 Press@multiplan.com
Alex Olson, Director, Marketing & Communications NRHA
816-756-3140 aolson@ruralhealth.us
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