2024

Fardin Quazi - Digital Transformation in Healthcare through BPaaS

Entrant

Fardin Quazi

Category

Business Technology Solutions - Healthcare Technology Solution

Client's Name

Cognizant Technology Solutions US Corp

Country / Region

United States

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.

 
2024
Nebel Crowhurst HR Executive of the Year
Human Resources

Entrant

TEAM LEWIS

Category

Human Resources - HR Executive of the Year

Country / Region

United States

 
2024
Blueprints for a Sustainable Future: Cutting-Edge Approaches in Energy Engineering
Sustainability

Entrant

Vibhu Sharma

Category

Sustainability - Energy Efficiency

Country / Region

United States

 
2024
lead cybersecurity
Information Technology

Entrant

at&t services inc

Category

Information Technology - Information Technology (IT)

Country / Region

United States

 
2024
Trust Consulting Services Breaks Into the Tech Consulting Sector
Product & Services

Entrant

Trust Consulting Services

Category

Product & Services - Artificial Intelligence

Country / Region

United States