CentraState chooses Cognizant to develop ICD-10 transition strategy

Cognizant (NASDAQ: CTSH), a leading provider of information technology, consulting, and business process outsourcing services, today announced that it has been selected by CentraState Healthcare System, a leading not-for-profit community health organization, to develop a strategy for transitioning to ICD-10. As part of the engagement, Cognizant will perform a comprehensive ICD-10 assessment to determine the clinical, administrative, and financial impact on business and IT processes, staff, and partners, and recommend an implementation strategy to enable a smooth transition to ICD-10 and meet the 2013 compliance deadline.

"This engagement will allow CentraState to leverage Cognizant's extensive domain, consulting, technology, and regulatory expertise to prepare for the transition to ICD-10," said Indranil Ganguly, Vice President and Chief Information Officer of CentraState. "Cognizant's end-to-end regulatory compliance capabilities and experience with multiple payer and provider organizations will help us plan our journey to ICD-10."

"We are pleased to have been selected by CentraState as a partner in this important strategic initiative," said Krish Venkat, Executive Vice President and Global Leader of Cognizant's Healthcare practice. "We look forward to working with CentraState to develop a compliance blueprint that will enable CentraState to improve care quality, optimize reimbursements, and increase physician and patient satisfaction by addressing the technical and operational implications of transition to ICD-10."