Everest Group PEAK Matrix™ recognizes Hexaware as ‘Star Performer’ in Healthcare Payer IT Services

Hexaware (BSE: 532129, NSE: HEXT), a global provider of disruptive IT & IT-enabled services, complex technology solutions and automation-led Business Process services, today announced that it had been recently recognized as a ‘Major Contender’ and ‘Star Performer’ in Healthcare Payer IT Services in Everest Group’s recent report: Healthcare Payer IT Services-Service Provider Landscape with PEAK Matrix™ Assessment 2016
Everest Group’s report evaluated the capabilities of 22 payer IT service providers on the Everest Group Performance, Experience, Ability, Knowledge(PEAK) Matrix in Global Healthcare Payer Sector. The PEAK Matrix is a framework that does a comparative assessment of Healthcare Payer IT service providers on their relative market success and delivery capabilities. Based on the analysis, Hexaware emerged out as a major contender for its investments in innovative solutions. To further complement this recognition, Hexaware was also named as a Star Performer for demonstrating positive year on year movement on the PEAK Matrix.

“We are proud to be recognized as a Major Contender in Everest Group’s Healthcare Payer IT Services PEAK Matrix” said Milan Bhatt, SVP & Global Head, Healthcare and Insurance at Hexaware. “Hexaware is focused on helping payers survive and thrive in a consumer centric world. We are helping payers reimagine consumer experience, automate core processes, eliminate waste through innovative use of technology and by implementing robotic process automation, without the fear of cannibalizing our own revenue.”

“Healthcare payers are undergoing a fundamental shift in their operating model, as they strive to cope with evolving consumer dynamics and unviable product lines. They are looking to use technology to inject operational efficiency and also aid in cost takeout. Hexaware, armed with a strategy concentrating on digital, the as-a-Service economy & domain solutions, is well positioned to help payers accelerate their business transformation journey,” said Abhishek Singh, Practice Director, Everest Group.