Highest-materiality recent filing
Claritev confirms DOJ criminal antitrust probe, received grand jury subpoena in Aug 2024
DOJ Antitrust Division issued confidential grand jury subpoena in August 2024 regarding health insurance investigation.
Claritev Q1 revenue $244.7M (+5.8% YoY), net loss widens to $73.6M; updates FY guidance
Revenue $244.7M (+5.8% YoY); Adjusted EBITDA $146.9M (+3.4%), margin 60.0%.
Claritev shareholders approve 2.375M share increase to equity plan; all proposals pass
Approved plan amendment increasing share reserve by 2.375M shares to total 7,771,250 shares.
Claritev holds 2026 Investor Day; no material updates in filing
Claritev hosted its 2026 Investor Day on March 16, 2026 in New York.
Claritev Q4 revenue $246.6M (+6.2% YoY); FY 2025 revenue $965.4M; 2026 guidance and $75M buyback
Q4 2025 revenue $246.6M (+6.2% YoY); net loss narrowed to $80.6M from $138.0M; adjusted EBITDA $151.3M.
Claritev presents at J.P. Morgan healthcare conference; slide deck available
Slide presentation furnished under Item 7.01 Regulation FD; no specific financial data disclosed in the filing.
Claritev director Dale White ends strategic advisor role, remains on board
Dale White's strategic advisor role terminates effective December 31, 2025.
Hellman & Friedman affiliates sell 1.5M shares of Claritev at $51.50 in secondary offering
Affiliates of Hellman & Friedman sold 1,500,000 shares of Class A common stock at $51.50 per share.
Claritev Q3 revenue $246M (+6.7%), adj EBITDA $155.1M, raises FY guidance
Q3 revenue $246M (+6.7% YoY); net loss $69.8M vs $391.5M in Q3 2024.
Claritev renews contracts with top 10 clients, securing 70% of FY2024 revenue
Renewed all ten largest clients from FY2024; those clients contributed ~70% of total 2024 revenue.
Claritev appoints Brock Albinson as SVP & CAO, effective Sept 29, 2025
Brock Albinson, previously ADP Corporate Controller (2015-2024), replaces Gerald Kozel as principal accounting officer.
Claritev provides investor slide presentation; no substantive news disclosed
Presentation dated September 3, 2025 made available on company website.
Claritev reports Q2 2025 revenue up 3.5%, net loss narrows to $62.6M, raises full-year guidance
Revenue of $241.6M (+3.5% YoY); net loss of $62.6M vs $576.7M loss in Q2 2024.
Claritev Q1 revenue $231.3M (-1.4% YoY); net loss $71.3M vs $539.7M; reaffirms FY guidance
Revenue $231.3M, down 1.4% from $234.5M; net loss improved to $71.3M from $539.7M.
Stockholders approved amendment to 2020 Omnibus Incentive Plan, increasing share reserve by 1,750,000 to 5,396,250 shares (96.3% of votes cast for).
Claritev posts investor slide presentation; no financial details disclosed
Slide presentation made available on Claritev's website on March 5, 2025.
Claritev amends CEO/CFO employment agreements, enhances severance and equity awards
CEO Travis Dalton gets 2x base salary plus target bonus severance on termination after change in control; CFO gets 1.5x.
Claritev Q4 rev $232.1M (-4.9%), net loss $138M; FY net loss $1.65B; guidance rev -2% to flat
Q4 2024 revenue $232.1M, down 4.9% YoY; net loss $138.0M vs $31.4M loss a year ago.
Claritev launches multi-year Transformation Program targeting 10-15% OpEx efficiencies
Program focuses on digital transformation (Oracle Cloud), business realignment, and process optimization.
MultiPlan rebrands as Claritev; ticker to change to CTEV on Feb 28, 2025
Name change from MultiPlan Corporation to Claritev Corporation effective February 17, 2025.
MultiPlan completes $3.085B debt refinancing with new first lien notes and credit facilities
Issued $600M New 6.50% cash/5% PIK Second-Out A Notes due 2030 and $763M 5.75% Second-Out B Notes due 2030.
MultiPlan completes exchange offers with >99% participation, extends debt maturities
Over 99% participation across all four debt classes: 99.42% secured notes, 99.46% unsecured notes, 99.97% convertible notes, 99.38% term loans.
MultiPlan Executive Chair Dale White steps down; Travis Dalton named Chair
Dale White resigned as Executive Chair and employee effective Dec 31, 2024; remains on Board as a director.
MultiPlan enters debt restructuring with ad hoc groups, extends maturities to 2029-2031
Transaction Support Agreement signed with ad hoc groups holding 72% of secured notes, 89% unsecured, 94% convertible, 60% term loans.
MultiPlan posts Q3 net loss $391.5M on $361.6M goodwill impairment; revenue down 5.1%
Revenue $230.5M (-5.1% YoY); net loss $391.5M vs loss $24.1M in Q3 2023.
MultiPlan effects 1-for-40 reverse stock split effective Sept 20, 2024
Reverse split effective 5:00 p.m. ET Sept 20; trading on split-adjusted basis begins Sept 23.
MultiPlan stockholders approve reverse stock split; 1-for-40 split effective Sept. 20
Special meeting vote: 494,468,432 for, 5,160,539 against; proposal passed.
Director Glenn R. August resigns from MultiPlan board effective September 6, 2024
Glenn R. August notified the Board of his immediate resignation on September 6, 2024.
MultiPlan exploring capital structure changes, in talks with debt holders
MultiPlan announced on Sept 10, 2024 it is in discussions with several debt holders to restructure its capital.
Q2 revenues $233.5M (-1.9% YoY); net loss $576.7M incl. $553.7M goodwill impairment.
MultiPlan CFO James Head to step down; Douglas Garis named successor effective Aug 5, 2024
Michael Attal resigns from Board effective Aug 1, tied to leaving Hellman & Friedman; no disagreement.
MultiPlan EVP, General Counsel Jeffrey Doctoroff to resign effective June 30, 2024
Jeffrey A. Doctoroff, EVP, General Counsel and Corporate Secretary, provided notice of resignation effective on or about June 30, 2024.
MultiPlan Q1 revenue $234.5M (-0.9% YoY); net loss $539.7M on $519.1M goodwill impairment
Revenue $234.5M vs $236.6M in Q1 2023, just below guided range due to $5-6M cyber incident impact.
Amendment to 2020 Omnibus Incentive Plan approved, increasing authorized shares by 60M to 145.85M shares.
MultiPlan receives NYSE deficiency notice for sub-$1.00 average stock price
Average closing price below $1.00 over 30 consecutive trading days ended March 27, 2024.
MultiPlan appoints Jerry Hogge as EVP and COO effective March 11, 2024
Hogge receives $500k base salary, 100% annual cash incentive target, 350% equity target.
MultiPlan Q4 rev $244.1M, net loss $31.4M; guides FY24 rev $1.0B-$1.03B
Q4 2023 revenue $244.1M (+1.3% YoY), net loss $31.4M (vs $650.1M loss), adjusted EBITDA $156.8M.
On September 6, 2024, Glenn R. August, a member of the Board of Directors (the “Board”) of MultiPlan Corporation (the “Company”), notified the Board that he was resigning from the Board (and its committees on which he serves) effective immediately.
On August 1, 2024, the Company and Mr. Garis entered into an employment agreement (the “Garis Employment Agreement”) providing for Mr. Garis’ appointment as Executive Vice President, Chief Financial Officer and Treasurer of the Company on the Transition Date.
On July 30, 2024, Michael K. Attal, a member of the Board of Directors (the “Board”) of MultiPlan Corporation (the “Company”), notified the Board that, in connection with the end of his employment with Hellman & Friedman, LLC, he was resigning from the Board (and its committees on which he serves) effective as of August 1, 2024.
On the Transition Date, Mr. Head will remain an employee of the Company and serve as a strategic advisor to the Board of Directors of the Company (the “Board”).
On May 7, 2024, Jeffrey A. Doctoroff, Executive Vice President, General Counsel and Corporate Secretary of MultiPlan Corporation (“MultiPlan” or the “Company”), provided the Company with notice of his resignation, effective on or about June 30, 2024.
On March 7, 2024, MultiPlan Corporation (the "Company" or "MultiPlan") issued a press release announcing the appointment of Jerry Hogge as Executive Vice President and Chief Operating Officer of the Company, effective March 11, 2024.
Max materiality 0.90 · Median 0.60 · Most common event earnings