Market Overview

NTT DATA and Oracle Insurance to Offer End-to-End Solution for Government Payers and Health Plans

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Clients can benefit from lower administrative costs through improved
efficiencies

NTT
DATA Services
, a recognized leader in global technology services and
a Platinum Cloud Standard member of Oracle PartnerNetwork (OPN), today
announced a new end-to-end solution in collaboration with Oracle
Insurance
designed to improve operational efficiencies for
government payers and health plans.

The new payment and benefits solution will manage all aspects of health
insurance membership, claims payment and benefits operations. The
flexibility and scalability it affords will help to lower administrative
costs and streamline processes for both government payers and health
plans.

"Oracle is a long-term partner of ours and their end-to-end technology
is a preferred platform for health insurance plans in the international
market," said Dan Allison, president, healthcare and life sciences, NTT
DATA Services. "This new offering will feature a flexible, open
architecture. This will allow our current and future clients to provide
innovative, market-specific solutions in the ever-evolving health
insurance arena."

Customers will be able to use the solution for enrollment, premium
calculation, claims processing, capitation, benefits adjudication and
billing. The solution can be deployed on premise and in a
securely-featured private cloud and supports compliance and regulatory
demands.

"Pairing NTT DATA Services' broad expertise in the health plan industry
with our proven insurance solutions offers payers and health plans the
opportunity to reduce complexity, risk and cost," said Dave Shively,
general manager, Oracle Insurance. "Our collaborative product
development will also enable our clients to bring new products to market
faster in support of the members they serve."

Additional benefits customers can experience include:

  • Scalability for tens of millions of citizens or members
  • Customization for policy nuances, including disability programs and
    veterans benefit programs
  • Opportunity to leverage Oracle's global technology talent pool
  • Reduction in risk with modern, modular commercial off-the-shelf
    software (COTS)
  • Seamless, whole-government approach
  • Option of a Build-Operate-Transfer model or a fully-supported model
  • 360-degree approach to customer and provider experience
  • Omni-channel capabilities, which broaden reach and accessibility for
    all stakeholders
  • Proven global collaboration between Oracle and NTT DATA Services

About NTT DATA Services

NTT DATA Services partners with clients to navigate and simplify the
modern complexities of business and technology, delivering the insights,
solutions and outcomes that matter most. We deliver tangible business
results by combining deep industry expertise with applied innovations in
digital, cloud and automation across a comprehensive portfolio of
consulting, application, infrastructure and business process outsourcing
services.

NTT DATA Services, headquartered in Plano, Texas, is a division of NTT
DATA Corporation, a top 10 global business and IT services provider with
110,000+ professionals in more than 50 countries, and NTT Group, a
partner to 88 percent of the Fortune 100. Visit nttdataservices.com to
learn more.

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About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) Specialized is the latest version of
Oracle's partner program that provides partners with tools to better
develop, sell and implement Oracle solutions. OPN Specialized offers
resources to train and support specialized knowledge of Oracle products
and solutions and has evolved to recognize Oracle's growing product
portfolio, partner base and business opportunity. Key to the latest
enhancements to OPN is the ability for partners to differentiate through
Specializations. Specializations are achieved through competency
development, business results, expertise and proven success. To find out
more visit http://www.oracle.com/partners.

About Oracle

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