Claritev Delivers Actionable Insights for Oracle Cloud HCM Customers on Healthcare Cost Optimization
Claritev Corporation (“Claritev” or the “Company”) (NYSE: MPLN), formerly known as MultiPlan, a leader in healthcare technology, data, and insights, announced that its BenInsights® platform has earned the “Integrated with Oracle Cloud” certification and is now available in the Oracle Cloud Marketplace. This integration provides Oracle Cloud customers with enhanced value by offering detailed analytics on healthcare benefit plan performance and compliance for organizations of all sizes. By seamlessly integrating with Oracle Fusion Cloud Human Capital Management (HCM), BenInsights delivers actionable insights and streamlines plan data implementation, empowering organizations to confidently navigate the complexities of benefits management.
Claritev Corporation (“Claritev” or the “Company”) (NYSE: MPLN), formerly known as MultiPlan, a leader in healthcare technology, data, and insights, has announced that its BenInsights® platform has achieved the “Integrated with Oracle Cloud” certification and is now available in the Oracle Cloud Marketplace. This certification brings significant added value to Oracle Cloud customers, particularly in the area of benefits management, by providing robust analytics and insights for navigating the complex world of healthcare benefits.
The integration of BenInsights with Oracle Cloud offers a host of advantages for organizations using Oracle Cloud, including the following key features:
- Extensive Analytics: BenInsights provides over 200 configurable automated reports and smart card technology. These reports deliver descriptive, predictive, and prescriptive analytics, offering deep insights into benefits management and enhancing visibility into critical data points.
- Cost Optimization: With healthcare costs rising, organizations are in need of data-driven strategies for cost containment. BenInsights helps companies manage these costs by providing unified reports on clinical and financial data, including pharmaceutical spending, high-cost claimants, and condition-specific insights. This empowers employers to make informed decisions about managing their healthcare expenses effectively.
- Compliance with Fiduciary Responsibilities: One of the primary concerns for employers in managing benefit plans is ensuring compliance with fiduciary duties, especially in relation to evolving ERISA (Employee Retirement Income Security Act) obligations. BenInsights proactively helps identify hidden risks and provides actionable insights, helping employers meet compliance requirements and continuously monitor plan performance.
- Tailored Solutions: By leveraging the insights generated by BenInsights, employers can customize their benefit plans to create tailored solutions. These solutions are designed to balance cost efficiency with comprehensive coverage, ensuring that plans meet the unique needs of different employee populations.
The Oracle Cloud Marketplace serves as a centralized hub for Oracle customers seeking trusted business applications and services that offer unique, integrated solutions. This includes applications that extend the functionality of Oracle Fusion Cloud Applications, enhancing the platform’s capabilities for users.
Travis Dalton, CEO of Claritev, expressed his enthusiasm for the partnership, stating, “As organizations face an increasingly complex compliance landscape with rising healthcare costs, they need robust platforms to optimize their benefits strategy while maintaining their fiduciary responsibilities. Claritev’s participation in Oracle’s partner program with the Integrated with Oracle Cloud Expertise further extends our commitment to the Oracle community and enables customers to easily reap the benefits of BenInsights. We look forward to leveraging the power of the Oracle Cloud to help us achieve our business goals.”
Oracle Cloud HCM is a comprehensive solution that connects every human resources process, from hire to retire, across an organization. With a native employee experience platform and embedded AI capabilities, Oracle Cloud HCM helps HR teams streamline their operations by providing a single source of truth. Additionally, embedded AI analyzes workforce data, augments processes, and generates content to improve overall business operations.
David Hicks, group vice president of Worldwide ISV Cloud Business Development at Oracle, highlighted the value of cloud partnerships, stating, “The cloud represents a huge opportunity for our partner community. Claritev’s commitment to innovation with Oracle Cloud HCM and quality execution helps our mutual customers receive cloud-enabled healthcare cost containment and data analytics solutions ready to meet critical business needs.”
The “Integrated with Oracle Cloud Expertise” certification is a mark of distinction for Oracle partners whose solutions integrate seamlessly with Oracle Cloud. This certification provides customers with confidence that these partner applications are supported by Oracle Cloud Infrastructure Service Level Agreements (SLA), ensuring reliable performance and full access to Oracle’s cloud infrastructure.
Claritev makes it clear that while the BenInsights platform provides valuable insights and analytics, it does not determine benefit availability or exercise discretion over benefit plan designs or operations. Plan sponsors retain full authority over decisions related to benefit plans, including regulatory compliance, policy interpretation, and changes to benefit plan operations.
About Claritev
Claritev, formerly known as MultiPlan, is a technology and insights-driven company that aims to make the U.S. healthcare system more affordable, transparent, and equitable. With over 40 years of experience in claims processing data, Claritev provides advanced solutions that optimize networks and benefit plan designs. Through its robust platform, powered by AI and world-class technology, Claritev delivers meaningful insights that help stakeholders — including payors, employers, patients, providers, and third parties — navigate and improve the healthcare system. With a focus on affordability and price transparency, Claritev is committed to improving access to healthcare for all.
