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Announced

Multiplan to acquire HSTechnology Solutions for $140m.

Synopsis

Multiplan, a data analytics and technical services provider, agreed to acquire HSTechnology Solutions, a healthcare technology company, for $140m. “MultiPlan has long recognized the importance of a more consumer-centric healthcare system that provides transparency and better assists members and providers. Our approach has focused on the back end of the process, but HST will help us capitalize on the growing shift to the front end. With the acquisition of HST, MultiPlan will have comprehensive front-end engagement tools for RBP and will be better positioned to deliver more value for healthcare payors, their consumers and providers," Mark Tabak, MultiPlan Chairman and CEO.

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