TriZetto Sees Healthcare Reform Driving Record Levels of Healthcare Information Technology Investment

DENVER--(BUSINESS WIRE)--TriZetto Corporation today announced that the industry’s need to prepare for healthcare reform drove a record number of new deals for the healthcare IT solutions company in 2012, as well as significant expanded solution investment by its current clients. Not including renewals, TriZetto signed new technology-enabled solution contracts with more than 60 healthcare payer organizations and increased the number of physician clients to more than 200,000.

“Healthcare reform is continuing to drive market activity and the strategic decisions of our clients”

Health plans turned to TriZetto for integrated software and service solutions that streamline health benefits administration, support population health management and enable expansion into Medicare, Medicaid and consumer-driven lines of business. Medical practices and hospitals contracted for real-time solutions to better manage the administrative processes related to patient eligibility and financial settlement with patients and insurers.

Trace Devanny, chairman and CEO of TriZetto, attributed the strength of TriZetto’s business to an increased focus by the company on working closely with its clients to understand and anticipate industry trends. “TriZetto realigned its business to better serve the evolving needs of healthcare organizations. The roles of payers, health systems and physicians are converging – and will continue to do so – in response to healthcare reform and new models of care delivery. In anticipation, TriZetto is providing technology-enabled solutions that help our client community of more than 360 health plans and over 200,000 physicians work together more efficiently and effectively,” said Devanny.

“Healthcare reform is continuing to drive market activity and the strategic decisions of our clients,” said Dan Spirek, executive vice president and chief strategy and marketing officer at TriZetto. “We are positioned to help our clients capitalize on opportunities presented by new member benefit and provider reimbursement models, the expansion of Medicaid, private and state insurance exchanges and a consumer-centric era. TriZetto offers technology and service solutions that enable payers and providers both to get in front of these developments, grow their businesses and deliver better healthcare to consumers.”

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About TriZetto

TriZetto delivers world-class information solutions that enable healthcare organizations to work more efficiently and collaboratively to deliver better health. Its solutions reach 200,000 care providers, streamline processes for more than 360 payers and touch over half the U.S. insured population. TriZetto solutions help health plans and TPAs increase administrative efficiency, improve the cost and quality of care, and succeed in the retail healthcare market. Its solutions help physicians and health systems simplify business processes and execute strategies for population health management and accountable care. TriZetto’s healthcare experience, innovative solutions and comprehensive services help simplify healthcare for everyone. For more information, visit www.trizetto.com.