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MultiPlan Named a Finalist in 2021-22 Cloud Awards for Best Hybrid Cloud Solution

Global Cloud Computing Awards Program Makes Shortlist Announcement

December 29, 2021 – MultiPlan Corporation (NYSE:MPLN), a leading provider of data analytics and technology-enabled cost management, and payment and revenue integrity solutions to the U.S. healthcare industry, is named a finalist in the international cloud computing awards program, The Cloud Awards in the “Best Hybrid Cloud Solution.”

Now in its tenth year, The Cloud Awards seeks to identify, promote, and celebrate innovation in cloud computing. The awards program welcomes global entrants from organizations of any scale.

The finalist selection honors MultiPlan’s work to develop a hybrid cloud solution that helped its Negotiation Services team increase productivity, effectiveness and cost-savings, and is helping to meet MultiPlan’s vision of delivering fairness, efficiency and affordability to U.S. healthcare.

“We are pleased our team is being recognized for the new machine learning models it created which helped our Negotiation Services team realize significant time and dollar savings”, said Michael Kim, MultiPlan, Senior Vice President and CIO. “This initiative also allowed the data science team to gain incredible efficiencies and cost savings by effectively marrying the on-premises and cloud environment.” The Cloud Awards is the foremost recognition platform for the cloud computing industry, and we are honored to be recognized at this level.”

The original goal of MultiPlan’s hybrid cloud solution was to help the Negotiation Services team be more productive in prioritizing their work.

Overall MultiPlan’s work helped contribute to its mission of driving down the costs of healthcare by helping payors and providers agree on a price for services. The hybrid cloud solution allowed the team to recognize results with a faster ROI and gained efficiencies by prioritizing impactful cases. In addition, team members saw their success rates and compensation increase.

Head of Operations for the Cloud Awards, James Williams, said: “MultiPlan is a clear example of an organization using innovative technologies to achieve excellence – and, most importantly, provide value to its clients. After a decade of identifying and celebrating leading figures in the cloud sector, The Cloud Awards team is still unearthing new and remarkable uses of cloud technology. In the best examples, these innovations unlock transformative business practices and efficiencies. These celebrated organizations and individual innovators continue to disrupt existing markets and create new ones.”

Hundreds of organizations entered, with entries coming from across the globe, covering the Americas, Australia, Europe and the Middle East. You can view the full shortlist here: https://www.cloud-awards.com/2021-shortlist/.

Final winners will be announced on February 8, 2022.

For the Cloud Awards

James Williams – Operations
www.cloud-awards.com
james@cloud-awards.com

About the Cloud Awards

The Cloud Awards is an international program which recognizes and honors industry leaders, innovators and organizational transformation in cloud computing. The awards are open to large, small, established and start-up organizations from across the entire globe, with an aim to find and celebrate the pioneers who will shape the future of the Cloud. The Cloud Awards currently offers two awards programs, the Cloud Computing Awards and the Software-as-a-Service Awards.

Categories for the Cloud Computing Awards include Most Promising Start-Up, Best SaaS, and “Best in Mobile” Cloud Solution. Finalists were selected by a judging panel of international industry experts. For more information about the Cloud Awards, and a complete list of finalists, please visit https://www.cloud-awards.com/.

About MultiPlan

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 and revenue integrity, network-based and analytics-based services. MultiPlan is a trusted partner to over 700 healthcare payors in the commercial health, government and property and casualty markets. For more information, visit http://www.multiplan.com.