MultiPlan Selects Oracle Cloud Infrastructure to Power its Business Transformation

MultiPlan Corporation (NYSE: MPLN), a leading provider of technology and data solutions that improve affordability, quality and transparency in healthcare, will consolidate its cloud infrastructure on Oracle Cloud Infrastructure (OCI) to support its previously disclosed digital transformation. OCI will also help MultiPlan better support its clients’ needs by improving efficiency and creating a more flexible infrastructure that meets evolving market demands.

“Migrating to OCI is critical to achieving our vision and will enable us to leverage our expertise and data to deliver new solutions that serve a broader set of healthcare stakeholders,” said Travis Dalton, President and Chief Executive Officer of MultiPlan. “Our clients will be able to better serve their patients and members with modern solutions.”

MultiPlan will begin its migration to OCI with a “lift-and-shift” of its existing on-premises workloads, including a large Oracle Database footprint. OCI helps make cloud migrations faster and lowers risk by minimizing application changes while maximizing infrastructure price-performance. Over time, MultiPlan plans to move workloads currently on other platforms to OCI to take advantage of significant cost savings and performance gains. “As we evaluated our options, the team compared current state, other vendor alternatives, and Oracle’s next-generation cloud. The winner was clear – OCI provides best-in-class security with the performance, technical flexibility, and superior economics we need to rapidly innovate to meet our clients’ needs,” said Michael Kim, Chief Information Officer of MultiPlan.

“Healthcare organizations around the world are increasingly realizing the value of migrating to the cloud to enable greater security, agility, and innovation,” said Karan Batta, Senior Vice President, Oracle Cloud Infrastructure. “By selecting OCI, MultiPlan gains a cloud partner with significant healthcare industry expertise, compelling price-performance advantages, and a proven track record of protecting the world’s most sensitive data. OCI provides the foundation MultiPlan needs to accelerate the realization of its vision and take advantage of the latest developments in analytics and AI.”

About MultiPlan

MultiPlan is committed to bending the cost curve in healthcare by delivering transparency, fairness, and affordability to the US healthcare system. Leveraging sophisticated technology, data analytics, and a team rich with industry experience, MultiPlan interprets clients’ needs and customizes innovative solutions that combine its payment and revenue integrity, network-based, data and decision science, and analytics-based services. MultiPlan delivers value to more than 700 healthcare payors, over 100,000 employers, 60 million consumers, and 1.4 million contracted providers. For more information, visit multiplan.com.

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