MultiPlan Corporation (NYSE:MPLN) Q4 2023 Earnings Conference Call February 29, 2024 8:00 AM ET

Company Participants

Shawna Gasik - Assistant Vice President of Investor Relations

Dale White - President and Chief Executive Officer

James Head - Executive Vice President and Chief Financial Officer

Travis Dalton - Incoming Chief Executive Officer

Conference Call Participants

Joshua Raskin - Nephron Research

Luismario Higuera - Citigroup

Operator

Hello everyone and welcome to the MultiPlan Corporation Fourth Quarter 2023 Earnings Conference Call. My name is Bruno and I’ll be operating your call today. [Operator Instructions]

I would now hand over to our host, Shawna Gasik, AVP of Investor Relations. Shawna, please go ahead.

Shawna Gasik

Thank you, Bruno. Good morning, and welcome to MultiPlan’s fourth quarter 2023 earnings call. Our speakers today are Dale White, Chief Executive Officer; and Jim Head, Chief Financial Officer. Also joining us today is our incoming Chief Executive Officer, Travis Dalton.

The call is being webcast and can be accessed through the Investor Relations section of our website at www.multiplan.com. During our call, we will refer to the supplemental slide deck that is available on the Investor Relations portion of our website, along with the fourth quarter 2023 earnings press release issued earlier this morning.

Before we begin, just a couple of reminders. Our remarks and responses to questions today may include forward-looking statements. These forward-looking statements represent management’s beliefs and expectations only as of the date of this call. Actual results may differ materially from these forward-looking statements due to a number of risks. A summary of these risks can be found on the second page of the supplemental slide deck and a more complete description on our annual report on Form 10-K and other documents we filed with the SEC.

We will also be referring to several non-GAAP measures, which we believe provide investors with a more complete understanding of MultiPlan’s underlying operating results. An explanation of these non-GAAP measures and reconciliations to the most comparable GAAP measures can be found in the earnings press release and in the supplemental slide deck.

With that, I would now like to turn the call over to our Chief Executive Officer, Dale White. Dale?

Dale White

Thank you, Shawna. Good morning everyone and welcome. On the call with me today is our CFO Jim Head and our incoming CEO, Travis Dalton. As we close out 2023, I am really encouraged by the progress we have made in transforming our business. We began the year with a new growth plan in hand and a clear sense of what we needed to accomplish. Throughout the course of the year, we executed and advanced each of the initiatives under that plan.