TriZetto Company Description
The TriZetto Group devotes itself to the companies that pay the doctor's bills. Targeting health plans, benefits administrators, and other health care payers, TriZetto provides information technology (IT) products and services designed to simplify provider network, transaction, and business process management. The company's application service provider (ASP) unit offers access to third-party medical billing software from a variety of vendors. Its proprietary offerings include an Internet portal for payers and enterprise software for insurers and benefits administrators. In 2008 the company was acquired and taken private by Apax Partners in a deal valued at $1.2 billion.
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The Company Description provides a historical perspective of TriZetto's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of TriZetto's evolution in the marketplace.
