NJ BIZ: Cognizant’s Chief Financial Officer Talks About the Company’s Growth in the Healthcare Segment

“Cognizant’s health care segment saw growth last year from large customers, generally insurance companies, who ramped up their information technology capabilities in preparation for Obamacare,” says Karen McLoughlin. “That trend is expected to continue in 2014 as businesses implement requirements under the ACA. Cognizant expects more demand from government clients including states that run their own exchanges.”

McLoughlin adds, “With the ACA, there is so much work to do. Not just with the exchanges, but how it gets managed and then there is the ultimate conversation of how we transform the delivery of health care going forward.” She says Cognizant expects to grow in accordance with the expansion of health care technology as more companies adopt mobile platforms, embrace social media, and delve further into analytics in order to improve communication with patients.

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