Healthcare payers of alll kinds will now be able to access flexibility, operational efficiency as well as reduced administrative costs. All these and other provisions will be obtained from a TriZetto Healthcare Cloud Solution introduced by Cognizant Technology Solutions Corp (NASDAQ:CTSH). The company says that the platform will enhance management of services and will be available on Azure, Microsoft Corporation (NASDAQ:MSFT) HITRUST CSF-certified cloud platform.
Changes in health insurance and benefits administration
The world is quickly embracing digital transformations for purposes of improving operational inefficiencies. This has triggered the need for innovation in the healthcare infrastructure as well as shifting of regulations and reforms.
The implementation of Cognizant’s platform is in the hands of Wisconsin Physicians Service Insurance Corporation (WPS Health Solutions). The company’s Chief Information Officer, Kerra Guffey says that they have the confidence of being able to give the members the best service. Their main aim is to improve efficiency and member experience through innovative products.
The adoption of Microsoft Azure by various businesses
Businesses of all sizes are now embracing the use of Microsoft Azure in powering their digital transformations. Their goal is to have new ways of controlling digital channels, which will bring their business and people together.
The building of TriZetto Healthcare Cloud Solution has taken into consideration advanced security, compliance and economic benefits of Azure. Cognizant’s President, Rajeev Mehta notes, “Delivering our leading TriZetto capabilities on a cloud-based model helps healthcare payers reduce their administrative costs and re-focus their resources on new digital healthcare solutions that improve member …… experience.”
With the increasing demand for enhanced technology, many organizations and businesses have continued to seek ways to keep their clients. An azure cloud-enabled solution is one of the many that can be used in multiple industries, complex environments and for mission-critical workloads. In using it health insurers are able to exercise agility and efficiency in lowering costs for their members.
It is interesting how technology is taking control of every operation. Meanwhile, Cognizant’s stock was trading at $65.79 witnessing an increase of $0.37 or 0.57%.Cognizant Technology Solutions Corp (NASDAQ:CTSH) Launches Managed Services Platform For Healthcare Payers
