Cognizant Named a Leader in Healthcare Provider IT Outsourcing by Everest Group

Cognizant has been recognized as a “Leader” and “Star Performer” in the Everest Group’s Healthcare Provider Industry – Service Provider Landscape PEAK Matrix™ report.

The report analyzes the market success and capabilities of 18 major ITO service providers in the global healthcare provider sector, with specific focus on their performance relative to large-sized contracts. The resulting PEAK Matrix™ categorizes service providers as Leaders, Major Contenders and Aspirants. In addition, the Matrix identifies Star Performers, which are service providers who show year-over-year positive movement in their Matrix ranking.

Cognizant moved into the Leader category of the 2015 report and Matrix with high performance across the board in delivery capability and market success metrics, including domain investments, delivery footprint, innovation, and buyer satisfaction. The report cites Cognizant’s “marque acquisition of TriZetto” as helping to drive the company into the Leaders category by positioning Cognizant as a “healthcare specialist with an integrated value proposition across the healthcare spectrum.”

“The healthcare industry is changing faster than ever and is in the midst of a structural shift moving towards consumerism, creating space for innovative business models,” said Krish Venkat, President, Healthcare and Life Sciences, Cognizant. “The massive transformation and evolving regulatory guidelines demand healthcare organizations embrace next-generation business models and harness the power of new digital capabilities to enrich patient experience and drive better outcomes. We’re pleased that Everest Group has recognized our efforts in enabling healthcare organizations transition to the new paradigm ― towards value-based care, improved care coordination, and patient-centricity.”

For a summary overview of the full PEAK Matrix Healthcare Provider ITO results, click here.