MultiPlan Corporation Completes Acquisition of Discovery Health Partners
Expands Payment Integrity Services and Adds a Revenue Integrity Service Line
MultiPlan Corporation, a leading value-added provider of data analytics and technology-enabled end-to-end cost management, payment and revenue integrity solutions to the U.S. healthcare industry, announced that it has closed the previously disclosed acquisition of Discovery Health Partners (Discovery), an analytics and technology company offering healthcare revenue and payment integrity services.
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Discovery offers its services to payor customers in the Medicare Advantage, Medicaid and commercial markets. With the acquisition, MultiPlan strengthens its service offering in the payment integrity market with new and complementary services to help its payor customers manage the overall cost of care and improve their competitiveness. It also adds revenue integrity for plans that receive premium from CMS.
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“We are extremely pleased to announce the closing of the Discovery acquisition,” said Mark Tabak, MultiPlan Chairman and CEO. “This acquisition will diversify MultiPlan’s payment integrity service line and also expands our footprint into in-network claims and government programs.”
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