TriZetto Executive Vision Summit Highlights Consumer Retail Healthcare Market.Forum Helps Health Plan Leaders Address Industry's Key Trends, Technology Challenges NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif. -- At its 2006 Executive Vision Summit, The TriZetto Group Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : TZIX) hosted the top leaders of health plans representing over 80 million members to address the key technology issues surrounding the emerging consumer retail healthcare market. TriZetto's annual forum is part of the company's commitment to guide discussions and offer solutions to critical industry trends impacting healthcare payers. TriZetto systems currently serve one-third of the 100 largest health plans in the U.S. "The TriZetto Executive Vision Summit brings together some of the best minds in healthcare, engaging both our customers and distinguished industry experts in a dialogue about the technology roadmap The context of product management The existence of product managers in the product software industry indicates that software is becoming more and more commercialized as a standard product. for success," said Kathleen Earley, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for TriZetto. "Each year, we strive to provide an exceptional program that tackles the most pertinent PERTINENT, evidence. Those facts which tend to prove the allegations of the party offering them, are called pertinent; those which have no such tendency are called impertinent, 8 Toull. n. 22. By pertinent is also meant that which belongs. Willes, 319. and timely topics in healthcare. At TriZetto, we leverage our intimate understanding of healthcare and the payer's business to deploy products and services that help keep our customers ahead of the curve." The theme for the 2006 Vision Summit was "Consumer Retail Healthcare: Understanding constituent CONSTITUENT. He who gives authority to another to act for him. 1 Bouv. Inst. n. 893. 2. The constituent is bound with whatever his attorney does by virtue of his authority. relationships across the supply chain." Dan Spirek, chief solutions officer for TriZetto, explained that the consumer retail movement extends far beyond the narrow set of products commonly referred to as consumer-directed benefit plans. "In the consumer retail world, health plans must surpass their historical role as 'administrative scorekeepers,'" said Spirek. "Their internal focus has to shift to that of health and wellness facilitator, a transformation that will require payers to fundamentally change the way they do business." To succeed, health plans must view how consumers, employers, brokers and providers actually use the healthcare system. These organizations need to look at the system through the eyes of these constituents who finance, provide and consume the care. Continuing its thought leadership, TriZetto also unveiled a white paper summarizing the conference's key themes. Titled, "Competing in the Retail Market: Winning the Constituent Game," the report provides a 360-degree view of the market, tying together all the key business components for payers. The white paper analyzes and discusses what changes health plans must make to address the needs of their constituents in the new world of consumer retail, if they hope to remain at the center of the supply chain and continue to provide value. "Ultimately, the winners in the consumer retail healthcare market will succeed based upon their ability to foster positive relationships, create efficiency, and produce superior outcomes for all their constituents," added Spirek. "To accomplish this, they'll need a comprehensive technology platform, and that's where TriZetto is leading the charge." The Vision Summit featured keynote presenter Tom Main, managing partner and founder of ChapterHouse, a consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a specializing in the healthcare industry, and 12 guest speakers representing the perspectives of the constituent groups: employer, provider, broker, consumer, and health plan. TriZetto Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Jeff Margolis closed the Vision Summit with his annual top healthcare information-technology predictions for 2007. The 2006 TriZetto Executive Vision Summit took place at the Ritz-Carlton Resort in Amelia Island Amelia Island is one of the southernmost of the Sea Islands, a chain of barrier islands that stretches along the east coast of the United States from South Carolina to Florida. It is 13 miles long (21 km) and approximately 4 miles (6 km) wide at its widest point. , Fla. For more information about TriZetto's comprehensive health-plan technology solutions, or next year's Vision Summit, please visit www.trizetto.com. About TriZetto Touching more than 35% of the U.S. insured population, TriZetto is distinctly focused on accelerating the ability of healthcare payers to lead the industry's transformation. The company provides premier information technology solutions that enhance its customers' revenue growth, drive their administrative efficiency, and improve the cost and quality of care for their members. Healthcare payers include national and regional health insurance plans, and benefits administrators that provide transaction services to self-insured employer groups employer group Association of employers Managed care An entity with a current group benefits agreement in effect with a health plan to provide covered health care services to its employee-subscribers and eligible dependents. . The company's broad array of payer-focused information technology offerings include enterprise and component software, hosting and business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in services, and consulting. Headquartered in Newport Beach, California Newport Harbor redirects here. For the MTV reality series, see . Newport Beach, incorporated in 1906, is a city in Orange County, California, 10 miles south of downtown Santa Ana. , TriZetto can be reached at 949-719-2200 or at www.trizetto.com. |
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