MultiPlan Receives 2022 CIO 100 Award
March 21 2022 - 2:30PM
Business Wire
Foundry’s CIO 100 award recognizes
enterprise excellence and innovation in IT
MultiPlan, a leading provider of data analytics and
technology-enabled cost management, and payment and revenue
integrity solutions to the U.S. healthcare industry, has been named
a 2022 CIO 100 award winner. For more than 30 years, the CIO 100
awards from CIO magazine have recognized innovative organizations
around the world that exemplify the highest level of strategic and
operational excellence in IT.
The CIO 100 awards specifically recognized MultiPlan for its
negotiation prioritization project that implemented advanced
machine learning techniques to streamline this high-touch area of
its business, generating greater customer value while improving
workflow, efficiency and increasing ROI for MultiPlan. The project
team optimized the machine learning effort with a set of complex
business rules unique to the company and its customers.
“I could not be prouder of our operations and technology teams
for working together to build such an outstanding, successful
machine learning project for MultiPlan,” said Michael Kim,
MultiPlan CIO. “The failure rates for most AI and machine learning
projects are high and rarely make it to production, let alone
deliver results. The MultiPlan team built an incredible model
blending human and artificial intelligence for nearly immediate
success and positive results for our negotiations team and for our
customers.”
The project also demonstrates best-in-class change management
processes to ensure adoption. The project team actively engaged and
collaborated with the end users in a variety of ways, including
user focus groups, pilot testing groups, internal marketing
campaigns, multiple feedback loops, and more.
“This year’s CIO 100 class demonstrates grit, innovation and
deep teamwork. Many projects are related to streamlining data flows
and insights to drive the business, bringing innovations like the
metaverse to life, and driving value during the pandemic in myriad
ways,” said Anne McCrory, Group VP, Customer Experience &
Operations, Foundry, formerly IDG Communications, Inc. “We are
honored to showcase these achievements and the people behind them
as we gather in person once again for a team-based experience at
the CIO 100 Symposium & Awards in California in August.”
For additional information about MultiPlan and its award-winning
service offerings, please visit https://www.multiplan.us.
About MultiPlan
MultiPlan is committed to helping healthcare payors manage the
cost of care, improve their competitiveness and inspire positive
change. 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 and analytics-based services.
MultiPlan is a trusted partner to over 700 healthcare payors in the
commercial health, government and property and casualty markets.
For more information, visit https://www.multiplan.com.
About the CIO 100 Awards
The annual CIO 100 Awards celebrate 100 organizations and the
teams within them that are using IT in innovative ways to deliver
business value, whether by creating competitive advantage,
optimizing business processes, enabling growth or improving
relationships with customers. The award is an acknowledged mark of
enterprise excellence. Coverage of the 2022 CIO 100 award-winning
projects will be available online at CIO.com.
About CIO
CIO focuses on attracting the highest concentration of
enterprise CIOs and business technology executives with
unparalleled peer insight and expertise on business strategy,
innovation, and leadership. As organizations grow with digital
transformation, CIO provides its readers with key insights on
career development, including certifications, hiring practices and
skills development. The award-winning CIO portfolio provides
business technology leaders with analysis and insight on
information technology trends and a keen understanding of IT’s role
in achieving business goals. CIO is published by Foundry (formerly
IDG Communications, Inc.) Company information is available at
http://www.foundryco.com.
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Investor Relations Luke Montgomery, CFA SVP, Finance
& Investor Relations 866-909-7427 investor@multiplan.com
Shawna Gasik AVP, Investor Relations investor@multiplan.com
866-909-7427
Media Relations Pamela Walker Senior Director, Marketing
& Communication press@multiplan.com 781-895-3118
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