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The healthcare industry is transforming rapidly, driven by rising costs, stricter regulations, and a growing emphasis on member experience. In response to these factors, as well as to recent cybersecurity incidents, healthcare payers must improve efficiency and effectiveness. Robust information security protocols and innovative solutions that can streamline operations, ensure scalability, and deliver cost-effective care are essential in this complex environment.
Business Process as a Service (BPaaS) offers a new approach to managing administrative and clinical tasks that can help meet these challenges. BPaaS leverages platform-based solutions, deep healthcare expertise and cutting-edge technology to empower healthcare payers. With BPaaS solutions, organizations can streamline processes, enhance scalability and pursue operational excellence. In this report, Cognizant explores BPaaS solutions’ role within the healthcare payer landscape, including their core elements and the outcomes they deliver. It examines successful use cases of specialized BPaaS solutions designed to address specific pain points and highlights the increasing adoption and potential of BPaaS-led transformation in payviders. Lastly, it provides guidance on evaluating and selecting BPaaS solution providers.
Learn how to leverage BPaaS as a transformative solution, including:
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