NTT DATA and Oracle Insurance to Offer End-to-End Solution for Government Payers and Health Plans

By a News Reporter-Staff News Editor at Managed Care Weekly Digest -- NTT DATA Services, a recognized leader in global technology services and a Platinum Cloud Standard member of Oracle PartnerNetwork (OPN), announced a new end-to-end solution in collaboration with Oracle Insurance designed to improve operational efficiencies for government payers and health plans (see also NTT DATA Services).

The new payment and benefits solution will manage all aspects of health insurance membership, claims payment and benefits operations. The flexibility and scalability it affords will help to lower administrative costs and streamline processes for both government payers and health plans.

"Oracle is a long-term partner of ours and their end-to-end technology is a preferred platform for health insurance plans in the international market," said Dan Allison, president, healthcare and life sciences, NTT DATA Services. "This new offering will feature a flexible, open architecture. This will allow our current and future clients to provide innovative, market-specific solutions in the ever-evolving health insurance arena."

Customers will be able to use the solution for enrollment, premium calculation, claims processing, capitation, benefits adjudication and billing. The solution can be deployed on premise and in a securely-featured private cloud and supports compliance and regulatory demands.

"Pairing NTT DATA Services' broad expertise in the health plan industry with our proven insurance solutions offers payers and health plans the opportunity to reduce complexity, risk and cost," said Dave Shively, general manager, Oracle Insurance. "Our collaborative product development will also enable our clients to bring new products to market faster in support of the members they serve."

Keywords for this news article include: Business, Health Insurance, NTT DATA Services, Health and Medicine, Information Technology Companies.

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