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TriZetto to Provide HealthWeb Internet Platform to The Regence Group's Blue Cross and Blue Shield Plans
NEWPORT BEACH, Calif. – September 11, 2001 – The TriZetto® Group, Inc. (Nasdaq: TZIX) has signed an agreement to provide Ochsner Health Plan (OHP) of New Orleans, La., with TriZetto's HealthWeb® Internet platform, allowing OHP to conduct business over the Internet with affiliated physicians, members, employers and brokers. HealthWeb will interface directly with Ochsner Health Plan's legacy administrative system and will be hosted and managed in TriZetto's primary data center.
Ochsner Health Plan, serving more than 190,000 members throughout Louisiana, is pursuing a comprehensive initiative to bring all of its information systems into compliance with the Health Insurance Portability and Accountability Act of 1996 (HIPAA). According to Ochsner's Senior Vice President of Administration George Renaudin II, HealthWeb will play a key role in that initiative.
"Our members and doctors want a quick and convenient way to make online inquiries about eligibility and coverage, request ID cards, and conduct other routine transactions," said Renaudin. "HealthWeb provides these customer service benefits and transmits information in a manner that is consistent with HIPAA standards. It is an essential piece of our overall HIPAA compliance strategy."
Gail Knopf, chief operating officer of TriZetto's HealthWeb unit, believes that with HIPAA deadlines approaching, an increasing number of health plans will turn to HealthWeb for an Internet solution that helps them reach their HIPAA-compliance goals.
"HealthWeb is one of the most flexible products on the market today," said Knopf. "It provides a user-friendly, Internet platform that is consistent with HIPPA standards and compatible with the leading managed care systems on the market, including TriZetto's proprietary systems and third-party applications."
About Ochsner Health Plan
Established in 1985, Ochsner Health Plan (OHP) is one of the oldest and largest health plans in Louisiana offering quality health care benefits for individuals, groups and people eligible for Medicare. OHP gives its 190,000 members access to many of the State's most respected physicians and hospitals in a complete system of health care delivery that continues to evolve to meet the needs of members.
About TriZetto
The TriZetto® Group, Inc., offers a broad portfolio of healthcare IT products and services that can be delivered individually or combined to create a comprehensive solution. The company provides proprietary and third-party software on a licensed or hosted basis, e-business applications, consulting services, and business transaction services such as claims, billing and enrollment processing. Focused exclusively on healthcare, TriZetto serves more than 500 payers, providers and benefits administrators. Its payer customers serve more than 90 million health plan members, or approximately 40 percent of the insured population of the United States. Headquartered in Newport Beach, Calif., TriZetto can be reached at (949) 719-2200, www.trizetto.com.
This press release contains forward-looking statements that involve risks and uncertainties. The forward-looking statements are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include statements about future net revenues, profits, and financial results, the market for TriZetto's services, future service offerings, client and partner relationships, and TriZetto's operational capabilities. Actual results may differ materially from those stated in any forward-looking statements based on a number of factors, including the effectiveness of TriZetto's implementation of its business plan, the market's acceptance of TriZetto's se rvices, risks associated with management of growth, reliance on third parties to supply key components of TriZetto's services, attraction and retention of employees, variability of quarterly operating results, competitive factors, risks associated with acquisitions, changes in demand for third party products or solutions, which form the basis of TriZetto' s service offerings, financial stability of our customers, changes in government laws and regulations and risks associated with rapidly changing technology, as well as the other risks identified in TriZetto's Form 10-K and other SEC filings.
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For more detailed information, please call 1-800-569-1222. |
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