Claritev Corp
NYSE:CTEV

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Claritev Corp
NYSE:CTEV
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Price: 42.68 USD -0.49% Market Closed
Market Cap: 701.7m USD

Operating Margin
Claritev Corp

8.2%
Current
22%
Average
4.1%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
8.2%
=
Operating Profit
76.1m
/
Revenue
927.4m

Operating Margin Across Competitors

Claritev Corp
Glance View

Market Cap
701.5m USD
Industry
Health Care

Claritev Corp. engages in providing data analytics and technology-enabled solutions. The company is headquartered in Mclean, Virginia and currently employs 2,700 full-time employees. The company went IPO on 2020-02-10. The Company’s services include analytics-based services, data & decision science services, network-based services, payment and revenue integrity, end-to-end surprise billing service, and Claritev payments. The firm uses its analytics-based services to price surprise bills and leverages reimbursement data from millions of claims repriced through these services and accepted by providers to assist in negotiations and calculate offers for arbitration when necessary. The company uses its payment integrity services on its network claims. The Company’s payment integrity offers advanced code editing, clinical negotiation, itemized bill review, coordination of benefits, subrogation, data mining, Medicare secondary payer validation, and end stage renal disease validation. The company provides solutions for the commercial market, government healthcare plans, and property and casualty healthcare payors.

CTEV Intrinsic Value
HIDDEN
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What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
8.2%
=
Operating Profit
76.1m
/
Revenue
927.4m
What is the Operating Margin of Claritev Corp?

Based on Claritev Corp's most recent financial statements, the company has Operating Margin of 8.2%.

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