MultiPlan Corp. (MPLN) Tops Q1 EPS by 3c

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Go back to MultiPlan Corp. (MPLN) Tops Q1 EPS by 3c

MultiPlan Reports First Quarter 2022 Results

May 10, 2022 6:00 AM EDT

Q1 2022 Revenues of $298.0 million, Net Income of $44.0 million, and Adjusted EBITDA of $225.4 million

Growth in revenues of 16.9% over Q1 2021, driven by an increase in identified potential medical cost savings to approximately $5.6 billion in Q1 2022

NEW YORK--(BUSINESS WIRE)-- MultiPlan Corporation (MultiPlan or the Company) (NYSE: MPLN), 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, today reported financial results for the first quarter ended March 31, 2022.

MultiPlan delivered very strong results, exceeding our expectations on revenue and Adjusted... More