What You Should Know:
– MultiPlan Corporation (NYSE: MPLN), a provider of data analytics and technology-enabled healthcare cost management solutions, announced today that Travis Dalton will become its new President and CEO on March 1, 2024.
– He succeeds Dale White, who will transition to the role of Executive Chair, while current Chair Mark Tabak will remain on the Board of Directors.
Dalton’s Proven Track Record in Healthcare Technology
Bringing over 20 years of experience in healthcare technology leadership roles at Cerner Corporation and Oracle Health, Dalton possesses a deep understanding of leveraging technology, data, and analytics to improve health outcomes and client success. His impressive track record includes launching and growing key business units at Cerner, contributing to the company’s revenue growth from $500 million in 2001 to $5.7B in 2021.
Leading MultiPlan’s Growth Plan
Dalton joins MultiPlan at a crucial juncture as the company executes its Growth Plan to solidify its competitive advantage through strategic product investments and further leveraging its existing platform and customer relationships. Recent advancements include the acquisition of Benefits Science Technologies and the B2B healthcare payment services partnership with ECHO Health.
“I’m excited to join MultiPlan at this pivotal time as it transforms customer value with the addition of significant new capabilities to its industry-leading technology platform,” stated Dalton. “Healthcare is too important to remain the same, and I believe MultiPlan has a vital role to play at the intersection of healthcare, data and information technology. I’m passionate about the potential for cutting-edge products and enhanced data and analytics to solve the healthcare industry’s most pressing business challenges.”
White’s Continued Guidance and Tabak’s Legacy
White’s extensive industry connections and longstanding customer relationships will be invaluable in his new role as Executive Chair. He will work closely with Dalton to drive the Growth Plan forward, ensuring a smooth transition and continued success. Tabak will remain connected to the company through his directorship, leaving a lasting legacy as Chair who guided MultiPlan’s transformation into a market leader.
A Smooth Transition and Bright Future
The Board of Directors expressed their gratitude to White for his dedication and leadership while welcoming Dalton to take MultiPlan to the next level. With White’s continued guidance, Tabak’s legacy, and Dalton’s experience and enthusiasm, MultiPlan is well-positioned to achieve its ambitious growth goals and continue delivering innovative solutions for a more affordable and efficient healthcare system.