Evolution1™ Selected by TriZetto as Preferred Partner
TriZetto Clients to Gain Benefits of Leading CDH Solution, Benny® Prepaid Benefits Card
Fargo, ND – December 5, 2011 – Evolution1, the nation’s largest electronic payment, on-premise and cloud computing healthcare solution that administers reimbursement accounts – including HSAs, HRAs, FSAs, VEBAs, Wellness and Transit Plans – announced today that it has been selected as a preferred Partner by The TriZetto Group, Inc., one of the nation’s largest healthcare IT firms.
Through the partnership, Evolution1’s industry-leading consumer-driven healthcare administration system will be available to TriZetto’s health plan clients using the QNXTTM enterprise core administration system. The partnership agreement will also include the innovative Benny Prepaid Benefits Card which uses patented technology to achieve the highest auto-substantiation rates in the industry.
Based in Denver, Colorado, TriZetto provides healthcare organizations with technology-enabled business solutions that improve the coordination of benefits and care for consumers. With more than 350 customers, TriZetto’s solutions touch more than half of all Americans today.
“We are excited to offer the most technologically advanced CDH administration software and benefits card to our QNXT system clients,” said Dave Pinkert, TriZetto’s senior vice president, product management. “After much due diligence, we determined that Evolution1’s flexible technology stood above the competition. We’re proud to work with the industry leader and look forward to a long and mutually rewarding relationship.”
“TriZetto has built a powerful reputation in the industry with its integrated, end-to-end software and services solutions,” said Jeff Young, chairman and chief executive officer at Evolution1. “We are honored to become a preferred Partner and to further enhance the company’s offerings.”
“Our CDH solution offers powerful plan design capabilities along with easy-to-use employer and consumer portals,” Young continued. “Ultimately, the technology delivers on our mission to simplify the business of healthcare while reducing costs for all involved.”
Evolution1 serves more than 7 million consumers, 50,000 employers, and 400 administrators, health plans and financial institution Partners. The company employs more than 250 people and operates offices in Avon, Connecticut; Fargo, North Dakota; Minneapolis, Minnesota; and St. Louis, Missouri.
About TriZetto
TriZetto provides world-class healthcare IT software and service solutions that drive administrative efficiency, improve the cost and quality of care, and increase payer and provider collaboration and connectivity. TriZetto solutions, many of which are patented or patent-pending, touch half the U.S. insured population and reach more than 21,000 physician practices. TriZetto’s payer offerings include enterprise and component software, application hosting and management, business process outsourcing services and consulting. Provider offerings, delivered through TriZetto’s Gateway EDI wholly owned subsidiary, include tools and services that monitor, catch and fix claims issues before they can impact a practice. TriZetto’s integrated payer-provider platform will enable deployment of promising new models of post-reform healthcare. For information, visit www.trizetto.com.
About Evolution1, Inc
Evolution1™ and its Partners serve more than seven million consumers, making it the nation’s largest electronic payment, on-premise and cloud computing healthcare solution that administers reimbursement accounts, including HSAs, HRAs, FSAs, VEBAs, Wellness and Transit Plans. It is the only solution that meets up to 1,200 unique plan designs, provides innovative auto-substantiation technologies, simplifies the user experience, and automates workflow for Partners, employers, and consumers. It does all this on one technology platform comprised of Lighthouse1™, PayDirect®, the Benny® Prepaid Benefits Card, Lighthouse1 OneCard™ and integrated web portals. Evolution1 and its Partners are dedicated to delivering value, reducing costs and simplifying the business of healthcare. For more information, visit www.evolution1.com.
