Cox HealthPlans recently received the 2011 Organizational Excellence Award, presented by The TriZetto Group, an international provider of health care software and IT platforms.
TriZetto’s claims system is the backbone of Cox HealthPlans’ business operations. The system is used to organize information on providers and customers as well as to manage payments and the claims process. Each year, TriZetto recognizes organizations that are pursuing integrated health care and making outstanding use of the claims system.
In the last year, Cox HealthPlans has achieved an average 99.5 percent procedural accuracy rate and a 99.9 percent financial accuracy rate on its claims. Those numbers reflect how well the system has been implemented and managed by the staff at Cox HealthPlans.
“This award speaks to the financial accuracy of claims and to our ability to keep costs low,” says Cox HealthPlans CEO Jeff Bond (shown above with TriZetto CEO Trace Devanny). “For the people we insure, it demonstrates a high degree of accuracy in how we process claims.”
This year, Cox HealthPlans edged out runners-up Blue Cross of Louisiana and Blue Cross of New York to win the award.
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