Articles
Tata
Infotech Sets Up HIPAA Centre In US
Author: Sitanshu Swain
Date:
09/07/2002
Source: Financial Express
Targeting
a major chunk of new business in the $7 billion health care
market, generated by way of the implementation of Health Insurance.
Portability and Accountability Act (HIPAA), Tata Infotech
has developed
a HIPAA centre of excellence and a HIPAA methodology in US
for the US health care market.
Tata Infotech earns 30 to 40 per cent of its income from financial
services sector including banking and insurance. The HIPAA
of 1996 with a deadline of 2003 makes it mandatory for US
based companies dealing with health care and insurance to
shift to state of the art technologies. The Act stipulates
that such companies need to install
technology to improve efficiency, cut cost and make their
networks more secure and respected, through better patient
care.
“Tata
Infotech is all geared up to be a technolgy partner of US
health care majors who want to implement HIPAA within the
specific deadline,’’ said a senior official of
Tata Infotech.
He
added that the changes triggered by HIPAA will create demands
for technology products even after the deadline of 2003. The
company with a vast experience in the healthcare domain, legacy
systems, new technologies, systems integration and security
has set up the HIPAA
centre to continuously upgrade HIPAA education and raining,
research, development of tools and methodologies for HIPAA
assessment and remedial services. The HIPAA Centre of excellence
further has carried out a business as well as technical analysis
of all the HIPAA transaction
sets, code of sets and identifiers and security regulations.
The
company’s fast track HIPAA methodology is template and
metrics driven to ensure results. It uses propriety as well
as third party tools to accelerate the implementation of HIPAA
in the health insurance companies. The company has proposed
and implemented a long term migration strategy for one of
the top five property and casualty
insurance companies in US, according to the official.
Back
in the domestic market, Tata Infotech has prepared insurance
solutions for Tata-AIG and Pune based National Insurance Academy.
“We are also helping a lot of domestic insurance companies
to infer data on different aspects of consumers and insurance
selling,” said the official.
Tata
Infotech is also focusing on the mergers and acquisition market
where integration of different systems are necessary. The
company’s business intelligence unit is developing software
for checking malpractices in the $70-80 billion insurance
industry.
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