A few months ago, Cognizant announced their intent to purchase TriZetto. The acquisiton has now officially been completed. Here is the press statement they released late last week:
We’re pleased to let you know that TriZetto is now a part of Cognizant, and we are very excited to put our combined strengths to work for you.
We understand that healthcare organizations face many market challenges. Whether it’s the rise of consumerism, serving an aging population, shifting responsibilities between payers and providers, technology advancement or the expansion of government programs, these trends are also opportunities to reduce costs, improve the quality of care and embrace next-generation business models.
By joining forces, we at Cognizant and TriZetto are creating the industry’s first truly integrated, comprehensive, end-to-end healthcare solution portfolio. With us as your single strategic partner, you now have one source for all of the experience, expertise and solutions needed to successfully address the myriad forces reshaping the healthcare industry.
We’re dedicated to your success, and are committed to working with you to make your operations as efficient as possible, while optimizing the investments to drive future growth. We provide healthcare-focused, “as-a-service” solutions that leverage the latest technologies, enhanced through unique, data-driven insights. The combination of TriZetto’s world-class technology products with Cognizant’s consulting, IT and business process services will help you dramatically simplify the deployment and adoption of technology—helping you to reengineer the business of healthcare today, while reimagining it for tomorrow.
As part of Cognizant, TriZetto will operate as a business unit within Cognizant’s healthcare practice. Jude Dieterman will be TriZetto’s chief executive, reporting to and working closely with Krish Venkat, Cognizant’s president of healthcare and life sciences. Along with our entire team, we are steadfast in our commitment to you as a client, and we are now aligning our client-facing teams to ensure unified, consistent service and support, while also ensuring that your organization has access to our combined resources and solutions.
We will continue to expand TriZetto’s portfolio and technology architecture and have a clear roadmap for innovating and accelerating many of our initiatives by leveraging the combined technology strengths and infrastructures of Cognizant and TriZetto.