Margolis Highlights Investment Opportunities In
Integrated Healthcare Management
Dallas, Texas - October 2, 2008 - At a conference hosted by The Marwood Group and Talcott Partners today, Jeff Margolis, chairman and CEO of The TriZetto Group, highlighted new investment opportunities that will emerge from a new model for improving and coordinating the U.S. healthcare industry that the company calls Integrated Healthcare Management.
"Integrated Healthcare Management is about bridging the information and incentive gaps in our healthcare system to make the coordination of the entire supply chain more efficient and cost effective for consumers," noted Margolis in his presentation. "Today, misaligned incentives and information voids prevent the proper coordination of payers, hospitals, doctors, even employers and brokers, and we are advocating a better, actionable model for serving healthcare consumers."
Drawing a parallel to the dramatic changes in the U.S. auto industry in the 80s, Margolis noted that the Integrated Healthcare Management opportunity is similar to the comprehensive systematic reengineering of automotive design, supply, manufacturing and delivery accomplished by the Japanese to overtake the U.S. auto market.
Bringing it home to the venture capital and private equity investors in attendance, Margolis concluded, "In our capital investment system, we have too much money concentrated in siloed parts of our healthcare supply chain that will not improve the overall system's efficiency. Some of the most interesting and profitable investment opportunities are developing in new technology and service offerings that fill information gaps for consumers, doctors and employers, and improve the alignment of incentives. Some of these investment opportunities will have more long-term viability in a healthcare reform environment as they promise to drive significant percentages out of the our healthcare system's costs and improve outcomes for consumers and for all constituents."
About TriZetto
TriZetto is Powering Integrated Healthcare Management. With its technology touching more than half of the U.S. insured population, TriZetto is uniquely positioned to drive the convergence of health benefit administration, care management and constituent engagement. The company provides premier information technology solutions that enable payers and other constituents in the healthcare supply chain to improve the coordination of benefits and care for healthcare consumers. Healthcare payers include national and regional health insurance plans, and benefits administrators that provide transaction services to self-insured employer groups. The company's payer-focused information technology offerings include enterprise and component software, hosting and business process outsourcing services, and consulting. Headquartered in Newport Beach, Calif., TriZetto can be reached at 949-719-2200 or at www.trizetto.com.
CONTACT:
Investor and Government Contact:
Brad Samson
TriZetto
949-719-2220
brad.samson@trizetto.com
Media Contact:
Melissa Bruno
Schwartz Communications
781-684-0770
trizetto@schwartz-pr.com