MultiPlan Corporation (NYSE: MPLN), a leading provider of data-driven cost management solutions, has announced the launch of CompleteVue™, an innovative software platform designed to help health systems and healthcare providers gain valuable insights into the healthcare market using publicly available price transparency data.
While recent healthcare price transparency legislation has brought some improvements, many providers still struggle to turn vast and complex datasets into actionable insights. CompleteVue is designed to bridge this gap, offering a solution that simplifies the use of billions of public healthcare pricing records. This platform empowers providers to access real-time analytics that improve their pricing strategies, identify growth opportunities, and optimize strategic planning.
CompleteVue allows providers to benchmark their market position, analyze trends, and compare rates across payors and geographic regions. The platform provides key insights into market share and commonly utilized services, helping providers understand the competitive landscape. By leveraging this data, healthcare providers can make informed decisions, refine their pricing models, and identify areas for expansion.
Travis Dalton, President and CEO of MultiPlan, highlighted the importance of CompleteVue in supporting rural healthcare, which faces unique challenges. “With more than 80% of rural America being medically underserved, rural healthcare is at a critical juncture. Through our partnership with the National Rural Health Association and the launch of CompleteVue, we aim to transform rural healthcare by empowering providers with the tools they need to succeed,” Dalton said.
CompleteVue is part of MultiPlan’s broader suite of tools designed to promote transparency and efficiency in the healthcare industry. This includes PlanOptix™, a price transparency solution for healthcare payors, brokers, and TPAs. Together, these tools are working to drive down healthcare costs and improve quality across the board, benefiting both providers and patients.
Jerry Hogge, Chief Operating Officer at MultiPlan, emphasized the impact of CompleteVue on the healthcare ecosystem. “CompleteVue was developed to bring market efficiency to an otherwise opaque healthcare marketplace. As a self-service platform, it allows any provider to harness the insights derived from pricing transparency, ultimately improving the quality and value of care,” Hogge stated.
The platform leverages publicly available price transparency machine-readable files, Medicare rates, and third-party benchmark data to deliver reliable, up-to-date information. By enabling healthcare providers to access these valuable insights, CompleteVue supports MultiPlan’s mission to improve the affordability and quality of healthcare services.
The launch of CompleteVue marks a significant step in MultiPlan’s growth strategy, expanding its reach and solidifying its role as a leader in healthcare cost management and technology-enabled solutions. This initiative aims to enhance access, affordability, and care quality across the healthcare system.
For more information on CompleteVue, visit MultiPlan’s website.
About MultiPlan
MultiPlan is committed to improving transparency, fairness, and affordability in the U.S. healthcare system. By leveraging advanced technology and data analytics, MultiPlan delivers innovative solutions that help healthcare payors, providers, and consumers reduce costs and improve care outcomes. Serving over 700 healthcare payors, 100,000 employers, 60 million consumers, and 1.4 million providers, MultiPlan is transforming the healthcare landscape.
