Latest news with #PEAKMatrix®Assessment2025
Business Wire
4 days ago
- Business
- Business Wire
Altimetrik Named a Major Contender in Everest Group's Banking and Financial Services IT Services Specialists PEAK Matrix® Assessment
DETROIT--(BUSINESS WIRE)-- Altimetrik, a pure-play digital business company, has been recognized as a 'Major Contender' in Everest Group's inaugural Banking and Financial Services (BFS) IT Services Specialists PEAK Matrix® Assessment 2025. Altimetrik's Digital Business Methodology (DBM) and AI-first solutions have proven to be a valuable approach for financial institutions seeking scalable digital solutions focused on customer outcomes. The Everest Group assessment evaluated 30 specialist IT service providers based on their market impact, vision, and capability, positioning Altimetrik among the top service providers in this space. 'Altimetrik's use of its Digital Business Methodology (DBM) and its approach to co-developing scalable digital solutions have supported transformation initiatives within banking and financial services,' said Pranati Dave, Practice Director at Everest Group. 'Clients have noted its ability to rapidly build Minimum Viable Products (MVPs) and show early indicators of business value, particularly in areas such as compliance, payments modernization, and generative AI. These strengths, along with its engineering capabilities and a balanced focus on both horizontal technologies and domain-specific needs, have contributed to Altimetrik's recognition as a Major Contender in Everest Group's inaugural Banking and Financial Services (BFS) IT Services Specialists PEAK Matrix® Assessment 2025.' Altimetrik's key strengths highlighted in the assessment include: Strong digital product engineering capabilities Ability to rapidly deliver measurable customer outcomes through short sprints Balanced mix of horizontal and industry-specific accelerators tailored to BFS needs Strategic focus on high-value transformation engagements Experience working with diverse BFS clientele including banks, payment processors, and FinTechs 'Financial institutions are leading the way in digital business, with AI accelerating change across the sector — from modernizing legacy systems to enabling smarter decision-making, hyper-personalization, and real-time operations,' said Raj Sundaresan, CEO at Altimetrik. 'This recognition from Everest Group validates our engineering-led, AI-first approach to helping BFS clients address compliance, security, customer experience, and operational agility. By combining deep domain expertise with advanced data and AI capabilities, we not only accelerate innovation but also ensure measurable value from AI investments. Our success in areas like platform modernization, intelligent client onboarding, and real-time payments implementation reflects our commitment to building AI-first, scalable, high-impact solutions that drive digital solutions at speed and scale.' Altimetrik's AI-focused, data driven, collaborative, and agile methodology has proven particularly effective in the BFS sector, with case studies highlighting significant improvements in operational efficiency. In one client engagement, Altimetrik reduced commercial client onboarding time from over 60 days to just two days, while another implementation improved payment transaction processing speed 20 times over. The company continues to invest in technology capability centers focused on AI, product engineering, data engineering, analytics, quality engineering, and DevSecOps to further enhance its offerings to BFS clients. Read the full report and learn more about Altimetrik's capabilities in the banking and financial services sector. Disclaimer Licensed extracts taken from Everest Group's PEAK Matrix® Reports may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group's PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group's analysts and included in Everest Group's PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports. About Altimetrik Altimetrik is a pure-play digital business services company. We focus on delivering business outcomes with an AI-first, agile, product-oriented approach. Our first, proven digital business methodology provides a blueprint to develop, scale, and launch new products to market faster. Our team of 6,000+ practitioners with software, data, and cloud skills builds an agile engineering culture of collaboration and innovation that modernizes technology and builds new business models in bite-size increments. As a strategic partner and catalyst, Altimetrik quickly delivers results without disruption. Learn more at About Everest Group Everest Group is a leading global research firm helping business leaders make confident decisions. Everest Group's PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments. Likewise, providers of these services, products, and solutions, look to the PEAK Matrix® to gauge and calibrate their offerings against others in the industry or market. Find further details and in-depth content at
Yahoo
12-05-2025
- Business
- Yahoo
Cotiviti Named Highest-Designated Leader by Everest Group in the Payment Integrity Solutions PEAK Matrix® Assessment 2025
Distinction marks third consecutive year Cotiviti has been positioned as a Leader in this category SALT LAKE CITY, May 12, 2025--(BUSINESS WIRE)--Cotiviti, a leader in data-driven healthcare solutions, has been named the highest-designated Leader by Everest Group in the Payment Integrity Solutions PEAK Matrix® Assessment 2025. This recognition is a reflection of the combined market impact, vision, and capabilities delivered by Cotiviti's Payment Accuracy solutions. "As they strive to eliminate waste and ensure the accuracy and quality of their claims payments, health plans are increasingly looking for a payment accuracy partner that can deliver the breadth, depth, and scale they require across their numerous programs," said Emad Rizk, M.D., president and CEO of Cotiviti. "This achievement underscores Cotiviti's unwavering commitment to both prepayment and postpayment integrity as well as our market-leading client services, which eliminated over $9.5 billion in payment waste from the healthcare system in 2024 through the prevention of improper claims, which can enable those funds to be redirected toward appropriate member care and populations in need." "With healthcare fraud and billing errors costing the U.S. system billions of dollars annually, payers are intensifying efforts to adopt proactive payment integrity strategies that span the full claims lifecycle," said Ankur Verma, vice president at Everest Group. "Cotiviti brings a comprehensive breadth of experience across payer types and addresses both pre and postpay needs through a comprehensive solution suite. Its clients cite strong value, robust relationship management, and a deep commitment to performance as key differentiators. Investments in product innovation and the formalization of an AI Center of Excellence further aided in its positioning as a Leader in Everest Group's Payment Integrity Solutions PEAK Matrix® Assessment 2025." Everest Group's PEAK Matrix® is a globally recognized assessment that evaluates organizations based on key factors such as vision, capabilities, functionality, talent availability, market success, impact, and cost-effectiveness. Cotiviti has been recognized as a Leader in payment integrity solutions for each of the three years that this assessment has been published. This year, the company earned the position of the highest-designated Leader, reflecting its continuous innovation, commitment to accuracy, and proven success in delivering value to clients. Cotiviti has been a leader in payment integrity for over 25 years and serves more than 100 payer clients with Payment Accuracy solutions, including top national health plans, regional and community plans, Blue Cross Blue Shield Plans, third-party administrators, CMS, and state Medicaid agencies. "By offering full-service solutions across the payment continuum, driven by clinical expertise and advanced technologies including artificial intelligence and natural language processing, Cotiviti delivers total value, meaningful innovation, and deep expertise to each of our customers," said Christopher Coloian, executive vice president of revenue and growth for Cotiviti. "This recognition highlights what truly distinguishes Cotiviti: our differentiated technology, content and service model that underpins our clients' ability to administer benefits and accurately pay for services for their members." Cotiviti's Payment Accuracy solutions include prepay claim editing and coding validation; fraud, waste, and abuse prevention and recovery; clinical coding validation; coordination of benefits; and data mining. Prepay claim editing customers also have access to Cotiviti's industry-leading cross-payer analytics and benchmarks, delivering claim and provider insights to empower health plans to make more informed payment policy decisions based on what's happening across the entire market. The Everest Group report offering an overview of Cotiviti's payment integrity solutions is available on Cotiviti's website for health plan professionals to download and read. About Cotiviti Cotiviti enables healthcare organizations to deliver better care at lower cost through advanced technology and data analytics, helping to ensure the quality and sustainability of how healthcare is delivered in the United States. Cotiviti's solutions are a critical foundation for healthcare payers in their mission to lower healthcare costs and improve quality through higher performing payment accuracy, quality improvement, risk adjustment, and consumer engagement programs. The company also supports the retail industry with data management and recovery audit services that improve business outcomes. For more information, visit Disclaimer Licensed extracts taken from Everest Group's PEAK Matrix® Reports, may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group's PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group's analysts and included in Everest Group's PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports. About Everest Group Everest Group is a leading global research firm helping business leaders make confident decisions. Everest Group's PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments. Likewise, providers of these services, products, and solutions, look to the PEAK Matrix® to gauge and calibrate their offerings against others in the industry or market. Find further details and in-depth content at View source version on Contacts Media Contact: Corey PatchkofskyAria Marketing for Cotiviticpatchkofsky@ 203-710-2296 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
- Yahoo
Cotiviti Named Highest-Designated Leader by Everest Group in the Payment Integrity Solutions PEAK Matrix® Assessment 2025
Distinction marks third consecutive year Cotiviti has been positioned as a Leader in this category SALT LAKE CITY, May 12, 2025--(BUSINESS WIRE)--Cotiviti, a leader in data-driven healthcare solutions, has been named the highest-designated Leader by Everest Group in the Payment Integrity Solutions PEAK Matrix® Assessment 2025. This recognition is a reflection of the combined market impact, vision, and capabilities delivered by Cotiviti's Payment Accuracy solutions. "As they strive to eliminate waste and ensure the accuracy and quality of their claims payments, health plans are increasingly looking for a payment accuracy partner that can deliver the breadth, depth, and scale they require across their numerous programs," said Emad Rizk, M.D., president and CEO of Cotiviti. "This achievement underscores Cotiviti's unwavering commitment to both prepayment and postpayment integrity as well as our market-leading client services, which eliminated over $9.5 billion in payment waste from the healthcare system in 2024 through the prevention of improper claims, which can enable those funds to be redirected toward appropriate member care and populations in need." "With healthcare fraud and billing errors costing the U.S. system billions of dollars annually, payers are intensifying efforts to adopt proactive payment integrity strategies that span the full claims lifecycle," said Ankur Verma, vice president at Everest Group. "Cotiviti brings a comprehensive breadth of experience across payer types and addresses both pre and postpay needs through a comprehensive solution suite. Its clients cite strong value, robust relationship management, and a deep commitment to performance as key differentiators. Investments in product innovation and the formalization of an AI Center of Excellence further aided in its positioning as a Leader in Everest Group's Payment Integrity Solutions PEAK Matrix® Assessment 2025." Everest Group's PEAK Matrix® is a globally recognized assessment that evaluates organizations based on key factors such as vision, capabilities, functionality, talent availability, market success, impact, and cost-effectiveness. Cotiviti has been recognized as a Leader in payment integrity solutions for each of the three years that this assessment has been published. This year, the company earned the position of the highest-designated Leader, reflecting its continuous innovation, commitment to accuracy, and proven success in delivering value to clients. Cotiviti has been a leader in payment integrity for over 25 years and serves more than 100 payer clients with Payment Accuracy solutions, including top national health plans, regional and community plans, Blue Cross Blue Shield Plans, third-party administrators, CMS, and state Medicaid agencies. "By offering full-service solutions across the payment continuum, driven by clinical expertise and advanced technologies including artificial intelligence and natural language processing, Cotiviti delivers total value, meaningful innovation, and deep expertise to each of our customers," said Christopher Coloian, executive vice president of revenue and growth for Cotiviti. "This recognition highlights what truly distinguishes Cotiviti: our differentiated technology, content and service model that underpins our clients' ability to administer benefits and accurately pay for services for their members." Cotiviti's Payment Accuracy solutions include prepay claim editing and coding validation; fraud, waste, and abuse prevention and recovery; clinical coding validation; coordination of benefits; and data mining. Prepay claim editing customers also have access to Cotiviti's industry-leading cross-payer analytics and benchmarks, delivering claim and provider insights to empower health plans to make more informed payment policy decisions based on what's happening across the entire market. The Everest Group report offering an overview of Cotiviti's payment integrity solutions is available on Cotiviti's website for health plan professionals to download and read. About Cotiviti Cotiviti enables healthcare organizations to deliver better care at lower cost through advanced technology and data analytics, helping to ensure the quality and sustainability of how healthcare is delivered in the United States. Cotiviti's solutions are a critical foundation for healthcare payers in their mission to lower healthcare costs and improve quality through higher performing payment accuracy, quality improvement, risk adjustment, and consumer engagement programs. The company also supports the retail industry with data management and recovery audit services that improve business outcomes. For more information, visit Disclaimer Licensed extracts taken from Everest Group's PEAK Matrix® Reports, may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group's PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group's analysts and included in Everest Group's PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports. About Everest Group Everest Group is a leading global research firm helping business leaders make confident decisions. Everest Group's PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments. Likewise, providers of these services, products, and solutions, look to the PEAK Matrix® to gauge and calibrate their offerings against others in the industry or market. Find further details and in-depth content at View source version on Contacts Media Contact: Corey PatchkofskyAria Marketing for Cotiviticpatchkofsky@ 203-710-2296 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
12-05-2025
- Business
- Business Wire
Cotiviti Named Highest-Designated Leader by Everest Group in the Payment Integrity Solutions PEAK Matrix
SALT LAKE CITY--(BUSINESS WIRE)-- Cotiviti, a leader in data-driven healthcare solutions, has been named the highest-designated Leader by Everest Group in the Payment Integrity Solutions PEAK Matrix ® Assessment 2025. This recognition is a reflection of the combined market impact, vision, and capabilities delivered by Cotiviti's Payment Accuracy solutions. 'Cotiviti brings a comprehensive breadth of experience across payer types and addresses both pre and postpay needs through a comprehensive solution suite." Share 'As they strive to eliminate waste and ensure the accuracy and quality of their claims payments, health plans are increasingly looking for a payment accuracy partner that can deliver the breadth, depth, and scale they require across their numerous programs,' said Emad Rizk, M.D., president and CEO of Cotiviti. 'This achievement underscores Cotiviti's unwavering commitment to both prepayment and postpayment integrity as well as our market-leading client services, which eliminated over $9.5 billion in payment waste from the healthcare system in 2024 through the prevention of improper claims, which can enable those funds to be redirected toward appropriate member care and populations in need.' 'With healthcare fraud and billing errors costing the U.S. system billions of dollars annually, payers are intensifying efforts to adopt proactive payment integrity strategies that span the full claims lifecycle,' said Ankur Verma, vice president at Everest Group. 'Cotiviti brings a comprehensive breadth of experience across payer types and addresses both pre and postpay needs through a comprehensive solution suite. Its clients cite strong value, robust relationship management, and a deep commitment to performance as key differentiators. Investments in product innovation and the formalization of an AI Center of Excellence further aided in its positioning as a Leader in Everest Group's Payment Integrity Solutions PEAK Matrix ® Assessment 2025.' Everest Group's PEAK Matrix ® is a globally recognized assessment that evaluates organizations based on key factors such as vision, capabilities, functionality, talent availability, market success, impact, and cost-effectiveness. Cotiviti has been recognized as a Leader in payment integrity solutions for each of the three years that this assessment has been published. This year, the company earned the position of the highest-designated Leader, reflecting its continuous innovation, commitment to accuracy, and proven success in delivering value to clients. Cotiviti has been a leader in payment integrity for over 25 years and serves more than 100 payer clients with Payment Accuracy solutions, including top national health plans, regional and community plans, Blue Cross Blue Shield Plans, third-party administrators, CMS, and state Medicaid agencies. 'By offering full-service solutions across the payment continuum, driven by clinical expertise and advanced technologies including artificial intelligence and natural language processing, Cotiviti delivers total value, meaningful innovation, and deep expertise to each of our customers,' said Christopher Coloian, executive vice president of revenue and growth for Cotiviti. 'This recognition highlights what truly distinguishes Cotiviti: our differentiated technology, content and service model that underpins our clients' ability to administer benefits and accurately pay for services for their members.' Cotiviti's Payment Accuracy solutions include prepay claim editing and coding validation; fraud, waste, and abuse prevention and recovery; clinical coding validation; coordination of benefits; and data mining. Prepay claim editing customers also have access to Cotiviti's industry-leading cross-payer analytics and benchmarks, delivering claim and provider insights to empower health plans to make more informed payment policy decisions based on what's happening across the entire market. The Everest Group report offering an overview of Cotiviti's payment integrity solutions is available on Cotiviti's website for health plan professionals to download and read. About Cotiviti Cotiviti enables healthcare organizations to deliver better care at lower cost through advanced technology and data analytics, helping to ensure the quality and sustainability of how healthcare is delivered in the United States. Cotiviti's solutions are a critical foundation for healthcare payers in their mission to lower healthcare costs and improve quality through higher performing payment accuracy, quality improvement, risk adjustment, and consumer engagement programs. The company also supports the retail industry with data management and recovery audit services that improve business outcomes. For more information, visit Disclaimer Licensed extracts taken from Everest Group's PEAK Matrix ® Reports, may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group's PEAK Matrix ® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group's analysts and included in Everest Group's PEAK Matrix ® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix ® Reports. Everest Group is a leading global research firm helping business leaders make confident decisions. Everest Group's PEAK Matrix ® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments. Likewise, providers of these services, products, and solutions, look to the PEAK Matrix ® to gauge and calibrate their offerings against others in the industry or market. Find further details and in-depth content at
Associated Press
29-04-2025
- Business
- Associated Press
DXC Ranked Top Individual Life Insurance Core Technology Provider by Everest Group
ASHBURN, Va., April 29, 2025 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been ranked as a top provider in Everest Group's 'Individual Life Insurance Core Technology Products PEAK Matrix® Assessment 2025: North America.' This acknowledgment underscores DXC's leadership in helping insurers modernize their operations to improve the customer experience, optimize business processes, and reduce costs. In a new report by global research and analyst firm Everest Group, DXC's ability to deliver flexible, easy-to-consume software-as-a-service models was highlighted as a key differentiator. DXC serves over 1,000 insurance clients and has processed more than one billion policies on its platforms, representing 10% of the world's premiums. DXC has also been previously recognized by Everest for insurance offerings, most recently in 2024 as a top Life & Annuity Insurance Technology provider. 'We're delivering measurable value across nearly every stage of the insurance lifecycle. Our continued success in insurance technology reflects DXC's unwavering commitment to innovation, customer-centric solutions, and operational excellence. As the industry evolves, we're proud to help our clients stay ahead—setting new standards for what's possible,' said Ray August, President, Insurance Software & BPS at DXC Technology. The PEAK Matrix® is a framework to assess insurance providers' relative market success and overall capability. The assessment is based on a comprehensive evaluation of 14 leading technology providers supporting the industry with administration systems, digital transformation capabilities and next-generation solutions. Leaders are placed based on their market impact, vision, and capability. 'DXC Technology's investments in blending deep legacy system expertise with modern, cloud-native SaaS solutions for life and annuity carriers enables it to support scaled policy migrations and transformations,' said Vigitesh Tewary, Practice Director at Everest Group. 'Its Assure suite, including the cloud-native Assure Life+ offering that supports product deployment and launch across a portfolio of life, annuity, and savings products; AI-powered capabilities across underwriting, claims, and fraud that improve operational efficiency; as well as business process management capabilities on top of its platform have contributed to DXC's positioning as a Leader in Everest Group's Individual Life Insurance Core Technology Products PEAK Matrix® Assessment 2025 – North America.' With over 40 years of innovation in the insurance industry, DXC stands as the leading provider of core insurance systems. 21 of the world's top 25 insurers rely on DXC to deliver solutions that allow them to solve essential business challenges and stay focused on delivering mission-critical work. Trusted by 80% of insurers in Fortune's Global 500, DXC helps insurance companies confidently navigate disruption and drive operational excellence. An excerpt of Everest Group's report is available to view here. To learn more about DXC's insurance services, visit our website. About DXC Technology DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at View original content to download multimedia: SOURCE DXC Technology Company
