Health plan cuts key costs by more than 50%
Health plan cuts key costs by more than 50%
4 PagesA major not-for-profit health payer faced extraordinary operational strain while absorbing a massive surge in membership and skyrocketing claims volumes. To successfully contain technology spend and improve scalability during this rapid expansion, Cognizant software helped deploy the advanced TriZetto Facets platform. This powerful solution enabled the organization to add over 300,000 new members while cutting costs per member by 54 percent and reducing claim processing costs by more than 52 percent. Furthermore, the platform minimized batch errors and maintained a steady IT headcount, successfully streamlining complex healthcare operations and securing long-term financial stability.
