virtusa-healthcare-infographic

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www.virtusa.com INTENSIFYING COMPETITION Aggressive expansion of non-traditional players is changing market dynamics, pricing and business models DIGITAL CONVERGENCE Mobile health and BYOD, Telemedicine, Big Data Analytics, Cloud migrations HEALTHCARE GOING RETAIL Consumers with abundant choice exerting greater control and demanding more value SWEEPING REGULATORY CHANGES The Affordable Care Act, HIPAA, Meaningful use, ICD-10 GROWING BUSINESS CHALLENGES Containing costs, Sustaining growth, Bending the medical cost curve, Building value based reimbursement models KEY DRIVERS IN THE HEALTHCARE MARKETPLACE HEALTHCARE TRANSFORMATION SOLUTIONS 30 % CUSTOMER EXPERIENCE MANAGEMENT Leverage new interaction channels to better engage the end consumer CLOUD Proprietary cloud Migration Factory approach that lowers TCO and improves business capability MOBILITY Enable enterprises to implement a mobile first digital journey GAMIFICATION Leverage game mechanics to increase productivity and improve business outcomes ANALYTICS Use the right data to drive the right outcomes Enhanced Customer Experience Seamless Retail Experiences Improve Quality, Reduce Costs Innovate to Sustain Growth HERE’S WHAT WE OFFER WE CAN HELP PRODUCTS AND BENEFITS TRANSFORMATION CONTACT CENTER TRANSFORMATION HEALTHCARE TRANSFORMATIONAL SOLUTIONS to enable enhanced retail experiences DIGITAL ENABLEMENT SOLUTIONS to provide millennial solutions backed by global best practices We deliver high impact solutions and industry leading capabilities to help healthcare organizations transform their business operations and prepare for the retail shift within the industry decrease in product time to market STRATEGIC SOURCING SERVICES to improve business and reduce costs DIGITAL ENABLEMENT SOLUTIONS Our team enables healthcare organizations to solve their current business problems through innovative and millennial solutions built by our globally established technology practices 80 % reduction in Call Wrap-Up Time 25 % decrease in incorrect claims payments & overturned appeals 30 % decrease in average call handling time VALUE BASED PAYMENT TRANSFORMATION BILLING AND PAYMENTS TRANSFORMATION Innovative Fee-For-Value Pricing capabilities Automation of complex regulatory billing requirements for groups and individuals 50 % efficiency improvement in the setup of new benefit designs Outgoing Payments solutions handling subsidies and online payments INFRASTRUCTURE MANAGEMENT INDEPENDENT SOFTWARE QUALITY 10 % elimination of wasted QA effort 20 % reduction in test automation effort APPLICATION RATIONALIZATION APPLICATION MAINTENANCE Reduce Apps portfolio footprint by atleast over 3 years Over a decade of domain expertise helping clients solve their most complex challenges Deep expertise in servicing large national and regional health plans, healthcare software vendors and healthcare services providers Awards and accolades for our innovations & delivery excellence Frost & Sullivan’s 2014 Global SystemIntegration in Healthcare Product Line Strategy Leadership Award STRATEGIC SOURCING SERVICES We help healthcare organizations become leaner and more agile by managing critical applications and optimizing the ROI on their infrastructure through a focused set of outsourcing services to improve business outcomes and reduce costs WE KNOW HEALTHCARE 20-25 % Reduce migration issues and re-work by 20-25 % Reduce operations cost by due to rationalization 8-10 % Improve efficiencies by over 3 years 35-40 % Reduce maintenance costs by over 3 years 35 % Reduce operations cost by on an offshore based service 25-40 % Named ‘Major Contender’ in Everest Group’s PEAK Matrix 2014 To read more on our healthcare offerings, please click Here © All rights reserved, Virtusa Corporaon. For more details drop a mail to [email protected] or visit www.virtusa.com

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Page 1: Virtusa-Healthcare-Infographic

www.virtusa.com

INTENSIFYING COMPETITIONAggressive expansion of non-traditional players is changing market dynamics, pricing and business models

DIGITAL CONVERGENCEMobile health and BYOD, Telemedicine,Big Data Analytics, Cloud migrations

HEALTHCARE GOING RETAILConsumers with abundant choice exerting greater control and demanding more value

SWEEPING REGULATORY CHANGESThe Affordable Care Act, HIPAA, Meaningful use, ICD-10

GROWING BUSINESS CHALLENGESContaining costs, Sustaining growth, Bending themedical cost curve, Building value basedreimbursement models

KEY DRIVERS IN THE HEALTHCARE MARKETPLACE

HEALTHCARE TRANSFORMATION SOLUTIONS

30%

CUSTOMER EXPERIENCE MANAGEMENTLeverage new interaction channels to better engage the end consumer

CLOUDProprietary cloud Migration Factory approach that lowers TCO and improves business capability

MOBILITYEnable enterprises to implement a mobile first digital journey

GAMIFICATIONLeverage game mechanics to increase productivity and improve business outcomes

ANALYTICSUse the right data to drive the right outcomes

Enhanced Customer Experience

Seamless Retail Experiences

Improve Quality, Reduce Costs

Innovate to Sustain Growth

HERE’S WHAT WE OFFERWE CAN HELP

PRODUCTS AND BENEFITS TRANSFORMATION

CONTACT CENTER TRANSFORMATION

HEALTHCARE TRANSFORMATIONAL SOLUTIONSto enable enhanced retail experiences

DIGITAL ENABLEMENT SOLUTIONSto provide millennial solutions backed by global best practices

We deliver high impact solutions and industry leading capabilities to help healthcare organizations transform their business operations and prepare

for the retail shift within the industry

decrease in product time to market

STRATEGIC SOURCING SERVICESto improve business and reduce costs

DIGITAL ENABLEMENT SOLUTIONS

Our team enables healthcare organizations to solve their current business problems through innovative and millennial solutions built by our globally

established technology practices

80% reduction in Call Wrap-Up Time

25% decrease in incorrect claims payments & overturned appeals 30% decrease in

average call handling time

VALUE BASED PAYMENT TRANSFORMATION

BILLING AND PAYMENTS TRANSFORMATION

Innovative Fee-For-Value Pricing capabilities

Automation of complex regulatory billing requirements for groups and individuals

50% efficiency improvement in the setup of new benefit designs

Outgoing Payments solutions handling subsidies and online payments

INFRASTRUCTURE MANAGEMENT

INDEPENDENT SOFTWARE QUALITY

10% elimination of wasted QA effort

20% reduction in test automation effort

APPLICATION RATIONALIZATION

APPLICATION MAINTENANCE

Reduce Apps portfolio footprint by atleast over 3 years

Over a decade of domain expertise helping clients solve their most complex challenges

Deep expertise in servicing large national and regional health plans, healthcare software vendors and healthcare services providers

Awards and accolades for our innovations & delivery excellence

Frost & Sullivan’s 2014 Global SystemIntegration in Healthcare Product Line Strategy Leadership Award

STRATEGIC SOURCING SERVICES

We help healthcare organizations become leaner and more agile by managing critical applications and optimizing the ROI on their infrastructure

through a focused set of outsourcing services to improve business outcomes and reduce costs

WE KNOW HEALTHCARE

20-25%

Reduce migration issues and re-work by20-25%

Reduce operations cost by due to rationalization8-10%

Improve efficiencies by over 3 years35-40%

Reduce maintenance costs by over 3 years35%

Reduce operations cost byon an offshore based service25-40%

Named ‘Major Contender’ in Everest Group’s PEAK Matrix 2014

To read more on our healthcare offerings, please click Here

© All rights reserved, Virtusa Corporation.For more details drop a mail to [email protected] or visit www.virtusa.com