MultiPlan Acquires Leading Healthcare Data and Analytics Firm Benefits Science LLC

Ushers in a New Era of the Company, Accelerates Launch of New Data & Decision Science Service Line with a World-Class Data & Analytics Platform and Team at BST  MultiPlan Corporation (MultiPlan or the Company), a leading provider of technology and data-enabled cost management, payment, and revenue integrity solutions to the U.S. healthcare industry, today announced that it has acquired Benefits Science LLC (Benefits Science Technologies or BST), a next generation data and advanced analytics company that combines modern data science, including machine learning and artificial intelligence (AI), with deep expertise in healthcare to deliver solutions that reduce the cost of care and improve health outcomes. This acquisition will combine the capabilities of two leaders in the healthcare arena to provide cutting edge, differentiated solutions to customers across a full spectrum of healthcare channels and markets through our new Data & Decision Science service line. The acquisition unites MultiPlan’s 40+ years of experience and institutional knowledge in healthcare cost management and payment accuracy and its rich and expansive claims data with BST’s cutting-edge analytics and AI capabilities. Furthermore, the acquisition of BST strengthens MultiPlan’s foothold in large and fast-growing adjacent markets by unlocking the value of its significant and expanding claims flows for in-network commercial, Medicare Advantage and other government programs, property and casu...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT AI Artificial Intelligence Benefits Science LLC Benefits Science Technologies BenInsights BofA Securities Inc. BST Dale White Data & Decision Science Data & Decision Science Service Line Dimitris Ber Source Type: blogs