MultiPlan completes successful CEO transition to Dale White

NEW YORK, NY (January 31, 2022) – MultiPlan Corporation (NYSE: MPLN) (“MultiPlan” or the “Company”), a leading value-added provider of data analytics and cost management solutions for end-to-end technology to the U.S. healthcare industry, today announced that Dale White will assume the CEO title on February 1, 2022 in accordance with the company’s previously announced leadership transition plan. Mr. White succeeds Mark Tabak.

Since joining MultiPlan in 2004, Mr. White has held various key leadership positions, most recently President and Chief Operating Officer. Along with his elevation to CEO, Mr. White has been named a member of the Board of Directors and will serve as a Class III Director, bringing the Board to twelve directors.

Mr. Tabak, who is retiring as CEO today after leading the company for more than 20 years, will remain Chairman of the Board, where he will continue to be involved in driving strategy and growth. of the society.

Mr. White said, “We are grateful for Mark’s vision, exemplary leadership and immeasurable contributions to MultiPlan during his long tenure as CEO of the company. We look forward to Mark’s continued leadership and guidance as he continues in his role as President. I am honored to lead MultiPlan at such an exciting time in the company’s history, and I am confident that the deep talent of our team, our unique operating platform and our relentless focus on customer service will continue to drive our business growth and expand our market leadership position. ”

Forward-looking statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. These statements often include words such as “anticipate”, “expect”, “suggest”, “plan”, “believe”, “intend”, “project”, “plan”, “estimate”. , ‘target’, ‘projections’, ‘should’, ‘could’, ‘should’, ‘may’, ‘could’, ‘shall’ and other similar expressions relating to the appointment of the new CEO. Although the Company believes that these forward-looking statements are based on reasonable assumptions at the time they are made, you should be aware that many factors could affect these forward-looking statements. These forward-looking statements are based on current expectations which are subject to known and unknown risks and uncertainties.

Factors that could affect these forward-looking statements include factors discussed under “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and the Company’s Quarterly Reports. on Form 10-Q for quarterly reports for the periods ended March 31, 2021, June 30, 2021 and September 30, 2021, as such risk factors may be updated from time to time in periodic and other filings by the Company with the SEC. Periodic and other Company filings are available on the SEC’s website at www.sec.gov. You should not rely on forward-looking statements as predictions of future events. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee that the future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by applicable law, the Company undertakes no obligation to publicly update any forward-looking statements for any reason after the date of this press release to conform such statements to actual results or changes in our expectations.

About MultiPlan

MultiPlan is committed to helping healthcare payers manage the cost of care, improve their competitiveness and inspire positive change. Leveraging sophisticated technology, data analytics and a team rich in industry experience, MultiPlan interprets client needs and customizes innovative solutions that combine its payment and revenue integrity services , network-based and analytics-based. MultiPlan is a trusted partner to more than 700 healthcare payers in commercial healthcare, government and P&C insurance markets. For more information, visit www.multiplan.com.

contacts

Investor Relations

Luke Montgomery, CFA

SVP, Finance and Investor Relations

MultiPlan

866-909-7427

[email protected]

Shawna Gasik

AVP, Investor Relations

MultiPlan

866-909-7427

[email protected]

Media Relations

Pamela Walker

Senior Director, Marketing and Communications

MultiPlan

781-895-3118

[email protected]

SOURCE MultiPlan Corporation

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