NEWPORT BEACH, Calif., June 6, 2000 (PRIMEZONE) -- The TriZetto(r) Group, Inc. (Nasdaq:TZIX), a leading provider of Internet-enabled application services and business portals for the healthcare industry, has introduced an Internet-enabled extension of Erisco's Facets system using TriZetto's HealthWeb Internet application. Completed in a record six-week period, this integrated HealthWeb product is immediately available to all Facets customers.
"The remarkable speed-to-market is directly attributed to the joint technical team of TriZetto and Erisco staff, which worked at a feverish pace to seamlessly integrate Facets and the HealthWeb Internet application," states Jim Donnelly, assistant vice president of product strategy for Erisco Managed Care Technologies, a leading provider of software-based business solutions for managed care organizations. "The flexibility of Facets, combined with the HealthWeb architecture and underlying technology, brings tangible benefits to customers seeking immediate entrée to the e-health arena."
Using HealthWeb will allow Erisco's health-plan clients to use the Internet as a vehicle to communicate and conduct e-business with their customers (physicians, members, employer groups, and brokers) in a timely, cost-efficient manner. The integration between Facets and HealthWeb will allow physicians to perform online member eligibility inquiry as well as check the status of claims, view benefit plan information (copay, deductible, etc.), review medical history, etc.
"An Internet-enabled solution of this caliber can take several months to implement, yet the collaborative effort between TriZetto and Erisco has yielded results for Erisco's customers in a six-week timeframe," says Gail H. Knopf, TriZetto's senior vice president of e-business/HealthWeb. "This is a best-of-class managed care solution that demonstrates Facets' flexibility and the powerful architecture of HealthWeb's Internet application."
Erisco demonstrated the Facets integrated HealthWeb product at its recent annual customer conference. For more information, please visit TriZetto at Booth # 845 and Erisco at Booth # 617 at the Association of Health Plans (AAHP) 2000 National Conference at the Orange County Convention Center in Orlando, Florida, June 4-7.
About TriZetto
The TriZetto(r) Group, Inc. is a leading provider of vertical, Internet-enabled application services and business portals for the healthcare industry. As an application services provider (ASP), TriZetto hosts software for a predictable monthly fee, saving customers significant time, money and frustration. HealthWebSM, TriZetto's Internet portal, assists healthcare administrators and professionals in performing their routine tasks and facilitates information-exchange and e-commerce among all key healthcare participants: providers, health plans, employers and health-plan members. Headquartered in Newport Beach, Calif., TriZetto can be reached at (949) 719-2200, www.trizetto.com or www.healthweb.net.
This press release may contain forward-looking statements that involve risks and uncertainties. The forward-looking statements are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include statements about future net revenues, profits, and financial results, the market for TriZetto's services, future service offerings, client and partner relationships, and TriZetto's operational capabilities. Actual results may differ materially from those stated in any forward-looking statements based on a number of factors, including the effectiveness of TriZetto's implementation of its business plan, the market's acceptance of TriZetto's services, risks associated with management of growth, reliance on third parties to supply key components of TriZetto's services, attraction and retention of employees, variability of quarterly operating results, including the effects of the client purchasing patterns due to Year 2000 issues, competitive factors, risks associated with acquisitions, changes in demand for third party products or solutions, which form the basis of TriZetto's service offerings, and risks associated with rapidly changing technology, as well as the risks identified in TriZetto's SEC filings.