May 19, 2013 9:07 PM ET

Health Care Technology

Company Overview of TriZetto Corporation

Company Overview

TriZetto Corporation provides healthcare information technology solutions. It offers solution in the areas of analytics, core administration, consumer-directed, Medicare/Medicaid, care management, network management, portal technology, application management, business management, consulting, solutions utilities, revenue cycle management, payer-provider collaboration, and accountable care. The company also provides Advantage Framework, an approach to deliver applications that help stable operations and predictable costs while accelerating implementations; and benefits administration services. In addition, it offers provider solutions, including revenue cycle management, payer-provider collabo...

Detailed Description

6061 South Willow Drive

Suite 310

Greenwood Village, CO 80111

United States

Founded in 1997

2,000 Employees

Phone:

303-495-7000

Fax:

303-495-7001

www.trizetto.com

Key Executives for TriZetto Corporation

principal Executive Officer and President
Co-Founder and Chairman Emeritus
Age: 48
Co-Founder
Age: 45
Senior Vice President of Finance and Accounting
Senior Vice President and President of Physician Market Group
Compensation as of Fiscal Year 2012.

TriZetto Corporation Key Developments

TriZetto Corporation Announces Executive Changes

TriZetto Corporation announced a reorganization of the leadership team. Trace Devanny will be leaving the company, effective immediately, to pursue other opportunities. An executive search is underway for a permanent Chief Executive Officer. As part of these changes, Vicky Gregg, a member of the company's Board of Directors since 2008, will assume the role of Non-Executive Chair. Ms. Gregg was previously Chief Executive Officer of BlueCross BlueShield of Tennessee and has spent time on the boards of directors of numerous healthcare companies, including serving as the Chair of the Board of Directors of America's Health Insurance Plans. Jude Dieterman, who currently serves as Executive Vice President and Chief Operating Officer of TriZetto, has been appointed to the newly-created role of President. In this capacity, he will serve as the principle executive officer assuming day-to-day operational responsibilities for all aspects of the business. Mr. Dieterman has been with TriZetto for two years, and prior to that held a variety of executive positions over an eight-year period at Cerner Corporation, a global healthcare IT company.

TriZetto Corporation Announces New Worldwide Headquarters

TriZetto Corporation announced new worldwide headquarters of the company. Located in the Meridian International Business Center in Douglas County, Colo., the headquarters project generated about 500 construction jobs and accommodates the more than 150 additional local jobs TriZetto created during the past year. TriZetto expects to bring as many as 750 new jobs to its Colorado offices between 2012 and 2017. TriZetto's new worldwide headquarters was designed and built in compliance with rigorous Leadership in Energy and Environmental Design standards of the U.S. Green Building Council. Low-flow bathroom facilities and low-power interior lighting will each generate energy savings of 30%. Carpeting, upholstery and paint choices all are rated for low VOC (volatile organic compounds) emissions, and custom-designed heating and air conditioning will surpass today's energy requirement codes. To support employees and guests who make their own sustainable choices, car-charging stations will be available to replenish electric car batteries. Owned and managed by Lexington Realty Trust, the building is leased by TriZetto as its sole tenant. In addition to its headquarters in Colorado, seven other U.S. office locations and two in Pune, India, are home to TriZetto's global workforce of more than 3,600 employees.

TriZetto Corporation Announces the Availability of Comprehensive Care Management and Analytics Solution

TriZetto Corporation announced the availability of a comprehensive care management and analytics solution for regional healthcare organizations. Bundled with accelerated implementation and application management services for a predictable monthly fee, the solution simplifies deployment and provides a lower total cost of ownership. Through pre-integration with TriZetto's QNXT enterprise core administration system, the care management solution can accelerate time-to-market and boost productivity. Pre-integrated with TriZetto's QNXT administration system, the combined solution offers regional health plans an affordable, full-feature enterprise platform that can deliver much higher administrative efficiency and greatly improved population health management. TriZetto's integrated, enterprise-wide solution for regional healthcare payer organizations includes: Core Administration-Pre-integration with TriZetto's QNXT core administration system is especially important to regional health plans interested in higher productivity with reduced complexity. The QNXT solution is used by nearly 60 regional health plans touching 17 million lives. This solution automates and streamlines benefits administration, including member enrollment, premium billing, claims administration and customer service. Care Management-The CareAdvance Enterprise system reaches more than 36 million lives. TriZetto's care management solution enables health plans to stratify member populations, provide programmatic support for members with chronic conditions and administer wellness programs that help low-risk members remain healthy. Through case, disease and utilization management, this solution helps improve the cost and quality of care delivery and enhance clinical outcomes. The system includes both the Clinical CareAdvance and CareAdvance Provider applications. Analytics-Configurable analytics automatically drive workflows and member outreach by analyzing data from claims, authorization, pharmacy, lab and other sources. Adding TriZetto's Clinical AnalytiX pre-integrates powerful predictive modeling into the solution, allowing regional health plans to manage predicted utilization while achieving better outcomes. Implementation Services-TriZetto's consulting team employs a deliverables-based approach covering the life cycle of services, from project inception through completion. Leveraging TriZetto's implementation center, the team provides implementation planning and project management support; implementation execution; data conversion and development services; and implementation of extensions, interfaces and mini-applications. Application Management Services-TriZetto lessens the work and worry of owning, managing and maintaining the technology by providing optimal, reliable performance. The team provides disaster recovery services and mitigates risk and disruption by using an on-demand environment that mirrors the client's production environment to model changes, upgrades and other solution enhancements.

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Merger/Acquisition
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