MultiPlan (MPLN) - 2022 Q1 - Earnings Call Presentation

Financial Performance - MultiPlan's Q1 2022 revenues reached $298 million[6] - Adjusted EBITDA for Q1 2022 was $225.4 million, the highest quarter ever[6] - Operating cash flow for Q1 2022 was $194.9 million[6] - The company estimates a COVID impact of $3-5 million on revenues and $2-4 million on Adjusted EBITDA for Q1 2022[15] - The company's revenue guidance for 2022 is $1160-1200 million and Adjusted EBITDA guidance is $850-875 million[25] - The company's revenue guidance for Q2 2022 is $285-295 million and Adjusted EBITDA guidance is $205-215 million[26] Operational Highlights - MultiPlan identified potential savings of $5.6 billion for payors, health plan sponsors, and members in Q1 2022[6] - The company completed or had in process 124 No Surprises Act (NSA) implementations and had NSA-related opportunities with 41 customers in the sales pipeline[6] - MultiPlan closed 192 sales opportunities expected to generate over $27 million in annual run-rate revenues[6] - Network-Based revenue was $68.6 million, Analytics-Based revenue was $196.1 million, and Payment & Revenue Integrity revenue was $33.3 million in Q1 2022[13] - Identified potential savings on COVID-related charges are about 17.5% of the total $5.6 billion identified potential savings in Q1 2022[21]