2024
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Cognizant's Healthcare Business Process-as-a-Service (BPaaS) is a cutting-edge, cloud-based solution designed to transform healthcare operations and accelerate the shift to value-based care. This solution, powered by Cognizant’s TriZetto® core administration platforms, integrates people, processes, and technology to deliver scalable, cost-effective services tailored to the specific needs of healthcare payers and providers.
Features:
• Automation and AI Integration: BPaaS utilizes advanced automation and AI to streamline workflows, enhance decision-making, and minimize manual processes.
• Cloud-based Flexibility: Operating on a scalable cloud platform, BPaaS ensures cost-efficient service delivery and seamless integration with other cloud services.
• End-to-end Functionality: BPaaS covers a broad range of healthcare administration functions, including member enrollment, claims processing, customer experience management, and clinical support services.
• Compliance and Security: HITRUST CSF certified, the solution ensures secure data management and adherence to industry regulations.
Functions:
• Claims Administration: Automates claims processing to ensure accurate and timely payments, reducing administrative overhead.
• Enrollment and Member Services: Enhances member onboarding and benefits configuration, providing a seamless experience across all touchpoints.
• Provider Data Management: Streamlines provider credentialing, contract loading, and data management, ensuring data accuracy.
• Clinical Support Services: Offers expertise in utilization management, case management, and population health management to drive better clinical outcomes.
Benefits:
• Cost Reduction: By shifting to a pay-per-use model, BPaaS significantly lowers the Total Cost of Ownership (TCO) for healthcare organizations. It reduces administrative expenses by up to 50%, offering substantial cost savings without compromising service quality.
• Scalability: The platform easily scales to meet fluctuating business needs, supporting rapid expansion into new markets.
• Improved Outcomes: Enhanced automation and data-driven insights enable better health outcomes, compliance, and member experiences. The integration of AI and analytics further drives operational excellence.
• Operational Efficiency: The integrated approach reduces manual effort, increases throughput, and ensures consistent regulatory compliance.
Cognizant’s BPaaS solution is a key enabler for healthcare organizations aiming to modernize operations and thrive in a value-based care environment. It offers the flexibility, scalability, and efficiency required to meet the evolving demands of the healthcare industry, while significantly lowering costs and improving overall outcomes.
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