The TriZetto platform, powered by Azure OpenAI
Service, will help payers and providers reduce hidden costs and
enable better patient outcomes for millions of Americans.
TEANECK,
N.J., March 6, 2024 /PRNewswire/ -- Cognizant
(NASDAQ: CTSH) and Microsoft are collaborating to infuse generative
AI into healthcare administration. This new, groundbreaking
collaboration aims to increase productivity and efficiency for
healthcare payers and providers, while ensuring timely responses
and improved care for patients. The TriZetto Assistant on Facets
will leverage Azure OpenAI Service and Semantic Kernel to provide
access to generative AI within the TriZetto user interface.
"Generative AI has the potential to inject $1 trillion into the U.S. economy over the
next decade through new revenue streams, operational efficiency and
innovation in products, services and ways of working," said Surya
Gummadi, EVP and President, Cognizant Americas. "At Cognizant,
we're working closely with clients to understand and implement
generative AI into their organizations, helping them unlock and
expand value across the enterprise. Through this collaboration with
Microsoft, we have infused generative AI capabilities into our
TriZetto platform, making it easier for healthcare organizations to
realize the full potential of this groundbreaking technology."
Cognizant's TriZetto software platform, powered by Microsoft
Azure, is a critical tool that can help healthcare payer and
provider clients reduce hidden costs and enable better patient
outcomes for millions of Americans. Key benefits include:
- Access to innovation and data insights
- Process automation
- Improved regulatory compliance
- Enhanced data security
The TriZetto Assistant on Facets complements human users by
sourcing enterprise data and summarizing and enriching content. By
accessing TriZetto application programming interfaces, this new
solution will take actions on behalf of the user and enable desktop
automation to further reduce manual steps in workflow. Automating
these processes can enable enhanced user experiences, increase
efficiencies, and help improve cost containment at scale. For
example, by contextualizing desk-level procedures for the
transaction at hand, instructions and micro-automations are
simplified to improve accuracy and reduce processing time.
Additionally, to improve the accuracy of configurations, generative
AI can interpret configuration documents and provide pre-built
configuration templates to provide "jump-starts" to user workflows.
With appropriate User Identity Management, TriZetto software users
will have access to necessary data in several contexts, further
extending the value of pre-existing TriZetto and Microsoft
investments while preserving access controls, auditability, and
producing a higher accuracy of results.
"Generative AI is having a profound and transformational impact
on every industry, including healthcare," said Rob Dahdah, CVP of Microsoft's Healthcare &
Life Sciences Industry and Partner Sales organization. "Working in
close partnership with Cognizant, we are building state-of-the art
solutions that alleviate the acute challenges facing providers and
insurance companies, while also delivering better patient and
member experiences. With that same focus on outcomes-based
innovation, we are creating productivity tools, interoperability
functionalities, and efficiencies of scale that support healthcare
organizations to connect across the broader health and life
sciences ecosystems."
Cognizant will be demonstrating the TriZetto Assistant on
Facets, leveraging Azure OpenAI service, at the 2024 Healthcare
Information and Management Systems Society (HIMSS) Conference and
Exhibition at booth number #581.
About Cognizant
Cognizant (Nasdaq: CTSH) engineers
modern businesses. We help our clients modernize technology,
reimagine processes and transform experiences so they can stay
ahead in our fast-changing world. Together, we're improving
everyday life. See how at www.cognizant.com or @cognizant.
Cognizant media
contacts:
U.S.: Jason
Forget
jason.forget@cognizant.com
Europe/APAC:
Christina Schneider
christina.schneider@cognizant.com
India: Rashmi
Vasisht
rashmi.vasisht@cognizant.com
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SOURCE Cognizant