HealthEdge Listed as a Sample Vendor for Next-Generation Core Administrative Systems in Gartner’s 2017 Hype Cycle for U.S. Healthcare Payers
Burlington, MA, July 27, 2017 – HealthEdge®, provider of the only integrated financial, administrative and clinical platform for health insurers, today announced that it has been identified as a sample vendor in the Gartner “Hype Cycle for U.S. Healthcare Payers, 2017” report(1). Gartner identified HealthEdge as a sample vendor for the Next-Generation Core Administrative Systems category.
According to the report, “Next-generation core administrative processing systems must enable payers to nimbly meet changing market demands, regulatory requirements, strategic priorities, and competitive pressures. A key distinction between next-generation and current core administrative systems is how well they integrate with associated IT systems.” Further, “Core administration is a business-critical function for payers. As the ‘source of truth’ (or system of record in Gartner’s pace-layered application strategy terminology) for data, next-generation core administrative systems offer high business benefits of lowered transaction costs and the ability to focus IT resources on applications closer to the customer that support innovation and market differentiation.”
“Health insurers of all types and sizes are successfully transforming their organizations with HealthRules amidst unprecedented change and uncertainty in our industry,” said Steve Krupa, CEO of HealthEdge. “We believe HealthEdge’s inclusion in the latest Hype Cycle for U.S. Healthcare Payers further supports the growing trend of insurers retiring legacy systems in favor of next generation solutions designed to meet their current and future needs, regardless of market dynamics.”
HealthEdge’s HealthRules® suite of solutions includes financial, administrative and clinical software applications that work either independently, or together, HealthRules connects everyone in the healthcare delivery cycle. With HealthRules, health insurers can support new business models, drive new levels of administrative efficiency, care coordination and lower costs for members, seamlessly connect everyone involved in the care continuum and achieve superior customer service.
(1) Gartner, Inc. “Hype Cycle for U.S. Healthcare Payers, 2017” by Brad Holmes, Jeff Cribbs, Bryan Cole. 14 July 2017
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HealthEdge® provides modern, disruptive healthcare IT solutions that health insurers use to leverage new business models, improve outcomes, drastically reduce administrative costs and connect everyone in the healthcare delivery cycle. Our next-generation enterprise solution suite, HealthRules®, is built on modern, patented technology and is delivered to customers via the HealthEdge Cloud or onsite deployment. An award-winning company, HealthEdge empowers health insurers to capitalize on the innovations, challenges and opportunities that await in the new healthcare economy. For more information, visit http://www.healthedge.com.