TriZetto Launches 5.0 Enterprise Solution for Healthcare Organizations
23 February 2012
The TriZetto Group, Inc., today announced new enhancements to
the benefits administration, care management and network management
capabilities of its enterprise solution platform. The upgraded
platform will help healthcare organizations improve administrative
efficiency; achieve compliance; enhance the cost, quality and
delivery of care; and compete to win in an emerging retail
environment. These enhancements are the first in the 5.X series of
transformational releases that will be introduced throughout
2012.
"Our 5.0 release for core administration, care and network
management is an important milestone on our way to a consolidated
suite that will help our clients optimize their investment in
TriZetto technology," explained Pierre Samec, TriZetto's
executive vice president and chief technology officer. "The
solutions take advanced, enterprise-wide functionality, scalability
and quality to the next level."
"We built TriZetto's 5.0 enterprise platform to meet the
challenges and opportunities presented by the trifecta of reform,
regulation and retail," said Dave Pinkert, senior vice president of
product management at TriZetto. "Reform requires a heightened focus
by healthcare organizations on improved cost and quality of care
delivery and even greater operational efficiency. New regulatory
requirements such as ICD-10 and Medicare and Medicaid changes
demand flexibility in payers' technology and processes. And the
growing retail market, driven by an emerging consumer perspective
in benefits and care delivery, presents payers with new
distribution channels such as state and private exchanges.
TriZetto's end-to-end 5.0 platform will further enable healthcare
organizations to succeed in the changing healthcare industry."
TriZetto's ongoing investment throughout the series of 5.X
releases will continue to support healthcare organizations in their
ICD-10 migration efforts and adoption of new value-based benefit
and reimbursement models. It also will further improve payer and
provider connectivity and collaboration.
Enhancements to TriZetto's FacetsTM enterprise core
administration system include new capabilities in the user
interface that streamline the user experience and increase
efficiency, improvements that support new payment and care delivery
models such as patient-centered medical homes and payment bundling,
and improved functionality for vision lines of business. New
functionality for the company's QNXTTM administration platform
includes enhanced integration with TriZetto's portal and care
solutions, as well as enhanced integration capabilities with
third-party solutions.
The 5.0 release of TriZetto's care-management solution,
CareAdvance Enterprise®, includes advanced functionality that
streamlines utilization, disease and case management
processes; expanded analytic capabilities; improved care work
flow; and integrations with third-party systems to lower total cost
of ownership. Additional capabilities in TriZetto's network
management applications, NetworX Suite®, support pricing for new
ICD-10 codes and further efficiencies in hospital contract
administration.
TriZetto's Facets system is used by health plans covering 125
million member lives, about one-half of the nation's insured
population. In use at more than 60 payer organizations, its QNXT
application touches 18 million lives, while the company's
CareAdvance Enterprise platform supports 35 million lives.
TriZetto's NetworX Suite of solutions reaches 126 million
Americans.
About TriZetto
TriZetto provides world-class healthcare IT software and service
solutions that drive administrative efficiency, improve the cost
and quality of care, and increase payer and provider collaboration
and connectivity. TriZetto solutions, many of which are patented or
patent-pending, touch half the U.S. insured population and reach
more than 21,000 physician practices. TriZetto's payer offerings
include enterprise and component software, application management
services, business management services and consulting services.
Provider offerings, delivered through TriZetto's Gateway EDI wholly
owned subsidiary, include tools and services that monitor, catch
and fix claims issues before they can impact a practice. TriZetto's
integrated payer-provider platform will enable deployment of
promising new models of post-reform healthcare.
For information, visit www.trizetto.com
Contact
Loren Finkelstein
The TriZetto Group
t: 303-542-2460
e: loren.finkelstein@trizetto.com
Davida Dinerman, Nicole Solera
Schwartz MSL Boston
t: 781 684 0770
e: trizetto@schwartzmsl.com