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Everest Group Names Cognizant a Healthcare Revenue Cycle Management Platform Leader

Cognizant was recognized as a leading Revenue Cycle Management (RCM) Platform provider in Everest Group’s 2022 PEAK Matrix® report. Out of the 15 global platform providers Everest evaluated, Cognizant secured its place as a Leader based on its healthcare domain expertise and a strong portfolio of technology solutions that helped providers improve patient access, enhance patient engagement, and ensure proper reimbursement of funds. Everest also highlighted Cognizant’s ability to serve all types of healthcare providers from regional primary care practices to large academic health systems.  

Cognizant's RCM solutions are enabling healthcare providers to enhance their financial condition by reconciling claims, verifying eligibility quicker and more accurately, and addressing payments. For example, Cognizant helped Sutter Health, which operates over 200 hospitals in California, recover revenue from underpaid provider claims. By implementing the Advanced Reimbursement Manager (ARM) from Cognizant’s TriZetto Provider Solutions (TPS), Sutter Health was able to monitor transactions, identify underpayments, and remedy aged claims to regain revenue.

“Healthcare providers understand that to deliver exceptional experiences across all aspects of patients’ healthcare journeys, they need revenue cycle management platforms that help them navigate and automate billing and claims submissions, which enable them to focus more time on delivering quality care to their patients,” said Patricia Hunter-Dennehy, Vice President and head of the Healthcare Provider business unit at Cognizant. “Everest Group’s recognition of our strengths in revenue cycle management reinforces our ability to understand client needs and create solutions that support positive health outcomes.”

For more information on Cognizant’s Healthcare RCM technology solutions, visit here.

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