August 29, 2014 8:37 PM ET

Health Care Technology

Company Overview of TriZetto Corporation

Company Overview

TriZetto Corporation provides information technology and service solutions for health plans, benefits administrators, care providers/physicians, payer clients, hospitals, and healthcare systems. It offers payer solutions, such as including benefits administration, care management, network management, application management, business management, consumer portal, population health management, value-based benefit design and reimbursement, payer-provider connectivity, revenue cycle management, portal technology, Medicare/Medicaid, accountable care, specialty, dual eligible, individual and small group, analytic, consumer-directed, payer-provider collaboration, and consulting solutions; and provid...

9655 Maroon Circle

Englewood, CO 80112

United States

Founded in 1997

2,000 Employees

Phone:

800-569-1222

Key Executives for TriZetto Corporation

Chief Executive Officer and Director
Age: 52
President and Chief Operating Officer
Co-Founder and Chairman Emeritus
Age: 50
Chief Financial Officer
Age: 54
President of Payer Market
Compensation as of Fiscal Year 2014.

TriZetto Corporation Key Developments

Apax Partners Reportedly Explores The Sale Of TriZetto

Apax Partners LLP is exploring a sale of TriZetto Corporation, hoping to fetch as much as $3 billion including debt, according to people familiar with the matter. TriZetto will target other companies in its sector as potential buyers, such as Cognizant Technology Solutions Corporation (NasdaqGS:CTSH), although private equity firms are also expected to weigh offers, some of the people added. Apax has hired investment bank JPMorgan Chase & Co. (NYSE:JPM) to run an auction for TriZetto, the people said this week. The sources asked not to be named because the matter is not public, Reuters reported, Apax and TriZetto declined to comment while JPMorgan and Cognizant representatives did not immediately respond to requests for comment.

TriZetto Corporation Announces General Availability of EDGE Server Solution

TriZetto Corporation announced the general availability of its EDGE Server solution for healthcare payer organizations. In 2012, CMS introduced the External Data Gathering Environment (EDGE) server concept as the standard distributed data collection method. TriZetto's technology and services solution enables health plans to securely capture and provide enrollment, medical claims and pharmacy claims data to the U.S. Department of Health and Human Services. This data is required of all healthcare payers participating in state and federal health Exchanges, as well as individual and small-group markets. TriZetto's Encounter Data Manager for EDGE Server application is pre-mapped to the company's Facets and QNXT core administration systems. These systems are used by more than 50 health plans in Exchanges and more than 60 payers in the individual and small-group markets. The Encounter Data Manager for EDGE Server application also integrates with non-TriZetto administrative systems that must comply with the encounter data requirements.

TriZetto Corporation Partners with FlexTech to Serve Healthcare Clients

TriZetto Corporation and FlexTech entered into a partnership to serve healthcare clients. TriZetto has joined with FlexTech to expand its experienced team of consultants. The partnership allows FlexTech consultants to become certified through TriZetto's newly launched TriZetto Solutions Certification Program. This certification validates an individual's experience, conceptual and applied knowledge and problem-solving skills in implementing and managing a TriZetto solution. Certification is achieved by passing a number of rigorous knowledge- and experience-based exams. Clients who have certified experts on-hand can take comfort that their project is staffed with top consultants.

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