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Dec 31, 2021
Multiplan Q4 2021 Earnings Report
MultiPlan's Q4 2021 results showed record revenues, net income, and adjusted EBITDA, driven by increased volumes and strong savings performance.
Key Takeaways
MultiPlan reported record fourth quarter and full year 2021 results, with Q4 revenues of $298.3 million, net income of $24.9 million, and adjusted EBITDA of $223.6 million. The growth was driven by increased volumes and strong savings performance across all lines of business.
Q4 2021 revenues reached $298.3 million, a 16.8% increase over Q4 2020.
Net income for Q4 2021 was $24.9 million, compared to a net loss of $173.3 million in Q4 2020.
Adjusted EBITDA for Q4 2021 was $223.6 million, compared to $195.1 million in Q4 2020.
The company processed $32.2 billion in claims during Q4 2021, identifying potential medical cost savings of approximately $5.7 billion.
Forward Guidance
MultiPlan provided full year 2022 revenue guidance of $1,160 million to $1,200 million and Adjusted EBITDA guidance of $850 million to $875 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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