MultiPlan Acquires Healthcare Data and Analytics Firm, Benefits Science
05.17.23
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Simpson Thacher advised MultiPlan Corporation (NYSE: MPLN) (“MultiPlan”) on securities matters in connection with its acquisition of Benefits Science LLC (“Benefits Science”), a next generation data and advanced analytics company that combines modern data science, including machine learning and artificial intelligence, with deep expertise in healthcare to deliver solutions intended to reduce the cost of care and improve health outcomes. Benefits Science will become part of MultiPlan’s newly formed Data & Decision Science service line.
MultiPlan is committed to delivering affordability, efficiency and fairness to the U.S. healthcare system by 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 customers’ 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.
The Simpson Thacher team included William Brentani, Kelli Schultz and Andy Roy (Capital Markets).