Integrated offering will combine Sapiens core platforms and
Rising's medical cost reduction and data analysis technology,
enabling carriers to make data-driven, cost-effective business
decisions
HOLON, Israel, March 3, 2021 /PRNewswire/ -- Sapiens
International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a
leading global provider of software solutions for the insurance
industry, and Rising Medical Solutions, a provider of healthcare
management solutions for the workers' compensation, auto, liability
and group health markets, today announced a partnership and
integrated offering that will provide carriers with the tools and
intelligence to make well-informed, data-driven, equitable payment
decisions as to medical care/treatment.
The joint Sapiens-Rising offering will help insurers utilize
critical data in real time while providing an enhanced user
experience – from a rich user interface to a seamless integration
covering processes from claims transactions through medical
management oversight and payment. Rising provides medical cost
containment and care management services, including medical bill
review, to manage the cost and quality of medical care.
"Sapiens' commitment to providing insurers with
technology-fueled, customer-centric solutions matches our own,"
said Rising CEO Jason Beans. "When
two foundationally aligned companies collaborate, client goals and
program success can be reached far more rapidly."
Targeting workers' compensation and property & casualty
insurance carriers, the joint offering will integrate with both
Sapiens Platform for Workers' Compensation and Sapiens CoreSuite
for Property & Casualty. Combined with Rising's proprietary
technology – the industry's only fully integrated, multi-product,
multi-line, healthcare management platform – the offering will help
organizations unlock the value of their claims and medical
management information from transaction to reporting, providing
greater insight to make more informed decisions across the
enterprise.
"With our new partnership, stakeholders will have more options
to address a wide range of business challenges and processes – from
transaction to reporting – leveraging Sapiens' industry-leading
technology and Rising's extensive comprehensive managed care
suite," said Roni Al-Dor, Sapiens
President and CEO.
About Sapiens
Sapiens International Corporation empowers insurers to succeed
in an evolving industry. The company offers digital software
platforms, solutions and services for the property & casualty,
life, pension & annuity, reinsurance, financial &
compliance, workers' compensation and financial markets. With
more than 35 years of experience delivering to more than 600
organizations globally, Sapiens has a proven ability to satisfy
customers' core, data and digital requirements. For more
information: www.sapiens.com.
Media Contact
Alex
Zukerman
CMO and Chief of Strategy, Sapiens
+972 546 724 910
alex.zukerman@sapiens.com