The global deal also sees Cognizant become a preferred systems integration partner of Orion Health in the US market.
Ian McCrae, Orion Health CEO, says Cognizant’s market position is strong globally and unrivalled in the US insurance sector.
“We are delighted to be collaborating with this world-leading technology provider
McCrae says the partnership is a significant opportunity for Orion Health. “Cognizant is deploying an impressive suite of new applications for the US market and we are excited to be the preferred partner to provide an underlying platform for this initiative.
“The US health system is moving to the practice of precision medicine because the current model of healthcare is unsustainable. This creates a significant opportunity for both Orion Health and Cognizant to bring innovative solutions to the market.”
Cognizant’s healthcare technology solutions service over half of the US’s insured population and reach more than 260,000 providers, and serves 16 of the top 20 healthcare insurers in the US, 28 of the top 30 global pharmaceutical companies, 9 of the top 10 biotech companies, and 12 of the top 15 medical device companies.
Krish Venkat, President, Healthcare and Life Sciences at Cognizant, says, “Cognizant is developing a new digital healthcare platform – Cognizant Health TranZform – that will digitally transform all aspects of the care continuum. Orion Health was chosen because this relationship leverages Orion Health’s deep clinical technology heritage and portfolio.”
“By combining Orion Health’s leading capabilities with Cognizant’s deep insurance expertise and scale, we will be able to build comprehensive healthcare solutions that enable insurers and providers to more efficiently and effectively address complex digital processes at the right time and right place. It will also enable insurers and providers to engage and empower consumers to make more informed decisions about their care and ultimately drive better healthcare outcomes.”