Pegasystems to Sponsor and Exhibit at AHIP Conference
CAMBRIDGE, Mass. – June 2, 2010 – Pegasystems Inc. (NASDAQ: PEGA), the leader in Business Process Management (BPM) software solutions, today announced it will have a significant presence at America’s Health Insurance Plans’ (AHIP) Institute 2010 on June 9 – 11 in Las Vegas. Pegasystems, whose customers include five of the six largest U.S. healthcare payers and approximately 60 percent of the Blues network, is a major-level sponsor of the premier annual healthcare conference, and will exhibit in Booth #800.
Pegasystems’ healthcare solutions drive revenue gains, hike productivity and increase customer satisfaction in areas such as claims, enrollment and care management. Pegasystems’ advanced SmartBPM® technology is widely used by major healthcare organizations including two of the four largest pharmacy benefit managers, and several leading healthcare delivery systems. Healthcare transactions for more than one of every two Americans are processed with Pegasystems technology.
Over the past two years, Pegasystems’ has extended the breath of its healthcare offerings and business in the healthcare market has quadrupled, led by expansion with existing customers as well as deployments for several new customers, including six Blue Cross Blue Shield plans and a Fortune 50 healthcare organization. Additionally, Pegasystems continues to build its provider-focused practice, adding new customers and targeted solutions for this market. Some of these recent successes include CMO, The Care Management Company of Montefiore Medical Center and BlueCross Blue Shield of Tennessee. Furthermore, the significant healthcare reform coming to fruition is expected to increase demand for Pegasystems healthcare solutions.
While at AHIP, Pegasystems will host a cocktail reception at the Apollo Pool at Caesar’s Palace Hotel from 7:00PM – 10:00PM Pacific on June 9, 2010. To RSVP, stop by Booth #800 or visit: www.pegaevents.com/forms/AHIP2010.
"Pegasystems is driving business transformation at many of the country’s best-run and well known healthcare organizations," said Alan Trefler, Founder and CEO of Pegasystems. "As seen at our recent, well-attended Blues Summit, we are enabling a broad range of healthcare firms to better navigate the complexities of the market. There’s a clear need for advanced SmartBPM technology to capture complex processes as healthcare organizations continue to Build for Change ®."
"Amid healthcare reform, there is both a burden and opportunity for many organizations to become more agile," said Janice Young, analyst at IDC Health Insights. "Advanced technologies that streamline complex business processes while driving revenue and increasing customer satisfaction are becoming more essential to healthcare success, and we at IDC expect this trend to continue."
For more information on the AHIP Assocation and the Conference agenda, visit: http://www.ahip.org/ and http://www.ahip.org/links/institute2010/glance.htm .
For more information on Pegasystems new solution targeting the individual healthcare market, visit https://www.pega.com/NewsEvents/PressRelease/release.asp?prid=483
For more information on accelerating advancement in healthcare through business agility, visit https://www.pega.com/content/summary.asp?ci=493 to download a white paper.
Pegasystems (NASDAQ: PEGA) develops strategic applications for marketing, sales, service, and operations. Pega’s applications streamline critical business operations, connect enterprises to their customers seamlessly in real-time across channels, and adapt to meet rapidly changing requirements. Pega’s Global 3000 customers include many of the world’s most sophisticated and successful enterprises. Pega’s applications, available in the cloud or on-premises, are built on its unified Pega 7 platform, which uses visual tools to easily extend and change applications to meet clients’ strategic business needs. Pega’s clients report that Pega gives them the fastest time to value, extremely rapid deployment, efficient re-use, and global scale. For more information, please visit us at www.pega.com.
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The information contained in this press release is not a commitment, promise, or legal obligation to deliver any material, code or functionality. The development, release and timing of any features or functionality described remains at the sole discretion of Pegasystems, Pegasystems specifically disclaims any liability with respect to this information.
Lisa Pintchman Rogers
VP, Corporate Communications
Director, Corporate Communications
Sr. Manager, Public Relations
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