TriZetto to Help Payers Deliver Portable, Consumer-Controlled Personal Health Records to More Than 100 Million Americans
NEWPORT BEACH, Calif. - June 23, 2009 - Today, The TriZetto Group, Inc. announced a new personal health record (PHR) that will be licensed at no charge to TriZetto's qualifying healthcare payer customers for use by their providers and members. TriZetto's PHR will be deployable by payers and automatically populated with key demographic, financial, benefits, diagnosis and medical procedure data, offering a unique coordination of care solution. TriZetto's payer customers coordinate benefits and care for 110 million Americans.
"While recent national attention has focused predominantly on electronic health records (EHRs) in clinical settings, realistically, we are many years away from EHR adoption achieving the critical mass to provide ubiquitous coordination of benefits and care for most of the healthcare system," said Jeff Margolis, TriZetto's chairman and CEO. "PHRs, populated with the fully digitized data already collected by healthcare payers, will provide the information to begin improving the coordination of benefits and care right now."
"With the combined reach of its customers across a third of the population, TriZetto has a responsibility to invest in moving the healthcare system forward more quickly," said Margolis. Ultimately, the healthcare system needs to move towards Integrated Healthcare Management (IHM), a new comprehensive model for affordability, quality and sustainability, proposed by TriZetto. IHM is the systematic application of processes and shared information to optimize the coordination of benefits and care for the healthcare consumer.
TriZetto's new baseline PHR will be available free of charge to TriZetto customers, starting with Facets® enterprise administration system customers at the end of 2009, and continuing with QNXT™ and QicLink™ customers to follow. Designed for simple implementation, TriZetto's PHR will deliver a consumer's "health resume" to the provider, offering a historical summary of health care activity for the purposes of treatment and care coordination. In addition, consumers will be able to add certain health care information as they choose to engage in their own healthcare experience. TriZetto's PHR will fully support industry inter-operability and security standards.
A New Kind of PHR
TriZetto's new PHR is distinguished from other health record offerings in three very important ways. First, by utilizing payer demographic, financial, medical diagnosis and procedure and prescription data, TriZetto's PHR incorporates health care utilization information across all of a patient's health care providers, enabling any provider to better understand a patient's health history. Second, by being provided freely to TriZetto's 241 enterprise administration customers, common-format health records can be deployed at very high speed for the 110 million members served by these healthcare payers. This marks a substantial leap in use of an important technology for reducing costs and improving the coordination of benefits and care. Finally, TriZetto's new PHR will help both consumers and healthcare professionals gain experience and trust in health records systems, which will help accelerate the adoption of other types of records in the physician's office and in the hospital.
"We eagerly anticipate a time when EHRs contain complete clinical records from all of a consumer's providers. Until then, we believe that payer-populated PHRs are a powerful jump-start to enhance how providers collaborate to provide better care to people. Payers, working in concert with providers and consumers, have a tremendous opportunity to improve health and wellness in the United States right now," added David Pinkert, senior vice president, product management at TriZetto.
About TriZetto
Founded in 1997, TriZetto is the leading privately held healthcare information technology company to the healthcare payer industry. With its technology touching half of the U.S. insured population, TriZetto is Powering Integrated Healthcare Management™, the systematic application of processes and shared information to optimize the coordination of benefits and care for the healthcare consumer. The company's offerings include enterprise and component software, hosting, outsourcing services and consulting that help payers implement and optimize their operations and minimize the risk of bringing new products to market that drive competitive differentiation.
CONTACTS:
Media Contacts:
Loren Finkelstein
TriZetto
303-542-2460
loren.finkelstein@trizetto.com
Melissa Bruno
Schwartz Communications
781-684-0770
trizetto@schwartz-pr.com