What is the MultiPlan Network?
What is the MultiPlan Network?
The MultiPlan Network is a nationwide complementary PPO network. Your health plan is most likely utilizing the MultiPlan Network to give you access to an additional choice of providers that have agreed to offer a discount for services.
What is a MultiPlan agreement?
Page 1. About Your Participation. Your participation with MultiPlan means that you agree to accept our contracted reimbursement rates for patients covered by our client’s health plans through any of the provider networks specified in your contract.
Who owns MultiPlan Inc?
Hellman & Friedman
About MultiPlan MultiPlan is a trusted partner to over 700 healthcare payors in the commercial health, dental, government and property and casualty markets. MultiPlan is owned by Hellman & Friedman and other investors. For more information, visit multiplan.com.
Who owns PHCS network?
MultiPlan
(PHCS) today announced that MultiPlan will acquire PHCS, creating the industry’s most comprehensive medical cost management provider.
How do I cancel MultiPlan?
Termination. How can I terminate my participation in the PHCS Network and/or the MultiPlan Network? Submit your request on letterhead with the contract holder’s signature via fax at 781-487-8273, via email at [email protected] or via mail to MultiPlan, Attn: Registrar, 16 Crosby Drive, Bedford, MA 01730.
How does MultiPlan make money?
This makes sense from MultiPlan’s perspective, as MultiPlan’s revenue (as far as I can tell—they’re not yet public) comes from a combination of the contract fees that insurers pay to access MultiPlan’s network, in addition to a percentage of the “savings” MultiPlan gets for insurers by routinely lowballing doctors.
Is MultiPlan a public company?
As a public company, MultiPlan will have greater strategic and financial flexibility, making it better equipped to expand organically, through adjacent acquisitions and by investing in new technologies.
When did MultiPlan acquired PHCS?
2006: MultiPlan acquired by Carlyle Group for $1 billion. 2006: MultiPlan acquires PHCS, the largest primary care network in the US.
What is PHCS stand for?
PHCS
| Acronym | Definition |
|---|---|
| PHCS | Private Healthcare Systems |
| PHCS | Primary Health Care Service |
| PHCS | Prevailing Healthcare Charges System (database tool; Ingenix) |
| PHCS | Public Health and Community Services (Canada) |
Can I change my health insurance company?
Can I transfer my health insurance policy to another company? Ans: Yes. You can transfer your existing health insurance policy to another company using the health insurance portability feature. However, portability is possible only at the time of existing policy renewal.
How long has MultiPlan been around?
Over 40 years of employee dedication Since 1980, MultiPlan has been helping companies that pay healthcare claims manage and reduce their healthcare spending.
Who founded MultiPlan?
Doug Klunder of
Multiplan
| Multiplan on MS-DOS (top) and the Commodore 64 | |
|---|---|
| Developer(s) | Doug Klunder of Microsoft |
| Initial release | August 1982 |
| Written in | p-code C |
| Operating system | CP/M, Apple II, Macintosh, MS-DOS, Xenix, Commodore 64, CTOS, TI-99/4A, TRS-80, UNIX, Thomson |