Insurance & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


09:37 AM
Connect Directly

TriZetto Acquires BPO Company Tela Sourcing

The company cited healthcare reform as a driver in its strategic decision to acquire Tela, which specializes in that industry segment.

Greenwood Village, Colo.-based The TriZetto Group has acquired Baltimore-based Tela Sourcing, which offers healthcare outsourcing capabilities in the U.S. and India.

TriZetto will combine Tela's U.S. and Indian operations with BPO capabilities it has in its Baltimore office, the company says in a release. Brij Sharma, Tela Sourcing’s CEO, will lead TriZetto’s combined BPO operations.

"The combined TriZetto BPO team will now have more than 700 professionals in the U.S. and India, dedicated to delivering business rules configuration, front-end claims administration, enrollment and billing solutions that meet the business and operational needs of health plans and TPA [third-party administrators]," Sharma says in a statement. "Together, we will have a world-class, industrial-grade end-to-end BPO capability that can provide the flexibility, capacity and cost efficiency to meet a wide range of customer needs.” TriZetto also noted the impact of healthcare reform on insurers' outsourcing strategies in delineating its reasons for acquiring Tela.

Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio

Register for Insurance & Technology Newsletters