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Companion Data Services Identified as Representative Vendor from Gartner

Companion Data Services is proud to announce that they are once again included in Gartner’s “Market Guide for U.S. Healthcare Payers’ Core Administration Processing Solutions” (June 25, 2019) as a representative vendor.

Gartner, a leading information technology and research company, recognized the strength of Companion Data Services’ Healthcare Payer SuiteSM. As the core administrative processing platform, CDS Healthcare Payer Suite streamlines end-to-end processes, from enrollment to actuarial process to payments, enhancing both the consumer and provider experience. CDS Healthcare Payer Suite is the engine that binds every process related to claims processing. A single platform that handles all commercial lines of business, it performs just like a bank application characterized by real-time transaction features.

According to CDS’ President Lola Jordan, Gartner is the world’s leader in objective, technical market trends and business insight.

“We have worked very hard to develop a solution that helps payers modernize their technology and processes,” she said. “It is rewarding to see that solution represented in the pages of Gartner’s ‘Market Guide for U.S. Healthcare Payers’ Core Administrative Processing Solutions,’ and we are proud of the acknowledgement of our efforts.”

According to Gartner: “Core administrative processing solutions (CAPS) are a combination of software and services that U.S. health care payers use to:

  • Configure and manage health benefits
  • Enroll, bill and service purchasers (groups and individuals)
  • Process and pay claims submitted for healthcare and other health-value products and services that are delivered by healthcare suppliers (providers of medical care, wellness care and other health services)”

CDS Healthcare Payer Suite is hosted in CDS’ health-care-centric, HIPAA-certified data centers that align with all government data regulations. The technology coupled with valuable managed services reduce the burden of IT operations for payers, allowing them to concentrate on their core business.

About Companion Data Services
CDS offers secure health care development, managed and hosting services in their large data center complex for the federal, state Medicaid and commercial markets. CDS and its parent company provide services for the Centers for Medicare & Medicaid Services, TRICARE, the Federal Employee Health Benefits Program, Medicare Advantage health plans and the Blue Cross and Blue Shield Association, as well as other private health plans. The company is headquartered in Columbia, South Carolina, with offices in Dallas, Texas, State College, Pennsylvania, and Baltimore, Maryland.

Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.