TriZetto Announces ASP Agreement with Potomac Physicians Group

Three-year Contract with CareFirst BlueCross BlueShield

Affiliate Covers 60 Physicians at 11 Office Sites



Apr 05, 2001, 01:00 ET from The TriZetto(R) Group, Inc.

    NEWPORT BEACH, Calif., April 5 /PRNewswire/ --
 The TriZetto(R) Group, Inc. (Nasdaq:   TZIX) today announced an application
 service provider (ASP) agreement with Potomac Physicians, P.A., an affiliate
 of CareFirst(R) BlueCross BlueShield.  TriZetto will integrate and host
 practice management systems for Potomac Physicians' 11 office sites in the
 Baltimore/Washington, D.C. area, as well as provide integrated transaction-
 processing services.  TriZetto recently signed an ASP agreement with The
 Preferred Health Network, an 85,000-member health plan subsidiary of
 CareFirst.
     "The new agreement with Potomac Physicians highlights the benefits of ASPs
 to healthcare providers, as well as health plans and other payers," says Bill
 Schultz, senior vice president of Provider Services, TriZetto.  "Our provider
 ASP solutions allow physician organizations to focus on what they do best --
 delivering quality patient care -- and allow TriZetto to focus on its
 expertise in IT and business services."
     The advantages of ASP solutions -- hosted applications available for a
 fixed, monthly fee -- to physician groups are numerous.  Substantial amounts
 of capital are freed up that otherwise would be spent on hardware, software
 and personnel for needed IT systems.  Working with a multi-vendor ASP provider
 such as TriZetto, providers receive the most advanced applications on the
 market.  They also gain a single source of accountability for operation and
 maintenance of their IT systems.
     TriZetto's integrated transaction and practice-management support will
 enable the group to realize the most value out of the hosted applications.
 TriZetto's back-office receivables management services include handling
 multiple reimbursement fee schedules, business relationships and contracts.
     "We've learned that in addition to quality systems, physician groups need
 professional support to operate efficiently," says Shultz.  "The ASP option
 gives this client group the latest systems it needs in the most cost-
 effective, trouble-free manner.  It makes sense for TriZetto's staff to handle
 the group's back-office needs as well, simplifying its outsourcing and
 streamlining the information flow."
 
     About TriZetto
     The TriZetto(R) Group, Inc., is an information technology and services
 company focused on the healthcare industry.  The company hosts and licenses
 software and provides e-business platforms, serving approximately 600
 customers with more than 90 million enrollees.  TriZetto's application service
 provider (ASP) unit hosts a broad selection of applications from multiple
 vendors for a predictable monthly fee.  All of TriZetto's ASP offerings are
 configured for use over the Internet.  TriZetto's HealthWeb(R) technology
 allows all healthcare participants -- health plans, providers, employers and
 members -- to exchange information and conduct business over the Internet.
 HealtheWare(TM), the software engines unit, develops and licenses premium
 Erisco and RIMS applications for payers and benefits administrators.
 Headquartered in Newport Beach, Calif., TriZetto can be reached at
 949-719-2200, http://www.trizetto.com.
 
     This press release may contain forward-looking statements that involve
 risks and uncertainties. The forward-looking statements are made pursuant to
 the Safe Harbor provisions of the Private Securities Litigation Reform Act of
 1995. These forward-looking statements may include statements about future net
 revenues, profits, and financial results, the market for TriZetto's services,
 future service offerings, client and partner relationships, and TriZetto's
 operational capabilities.  Actual results may differ materially from those
 stated in any forward-looking statements based on a number of factors,
 including the effectiveness of TriZetto's implementation of its business plan,
 the market's acceptance of TriZetto's services, risks associated with
 management of growth, reliance on third parties to supply key components of
 TriZetto's services, attraction and retention of employees, variability of
 quarterly operating results, competitive factors, risks associated with
 acquisitions, changes in demand for third party products or solutions, which
 form the basis of TriZetto's service offerings, and risks associated with
 rapidly changing technology, as well as the other risks identified in
 TriZetto's Form 10-K and other SEC filings.
 
 

SOURCE The TriZetto(R) Group, Inc.
    NEWPORT BEACH, Calif., April 5 /PRNewswire/ --
 The TriZetto(R) Group, Inc. (Nasdaq:   TZIX) today announced an application
 service provider (ASP) agreement with Potomac Physicians, P.A., an affiliate
 of CareFirst(R) BlueCross BlueShield.  TriZetto will integrate and host
 practice management systems for Potomac Physicians' 11 office sites in the
 Baltimore/Washington, D.C. area, as well as provide integrated transaction-
 processing services.  TriZetto recently signed an ASP agreement with The
 Preferred Health Network, an 85,000-member health plan subsidiary of
 CareFirst.
     "The new agreement with Potomac Physicians highlights the benefits of ASPs
 to healthcare providers, as well as health plans and other payers," says Bill
 Schultz, senior vice president of Provider Services, TriZetto.  "Our provider
 ASP solutions allow physician organizations to focus on what they do best --
 delivering quality patient care -- and allow TriZetto to focus on its
 expertise in IT and business services."
     The advantages of ASP solutions -- hosted applications available for a
 fixed, monthly fee -- to physician groups are numerous.  Substantial amounts
 of capital are freed up that otherwise would be spent on hardware, software
 and personnel for needed IT systems.  Working with a multi-vendor ASP provider
 such as TriZetto, providers receive the most advanced applications on the
 market.  They also gain a single source of accountability for operation and
 maintenance of their IT systems.
     TriZetto's integrated transaction and practice-management support will
 enable the group to realize the most value out of the hosted applications.
 TriZetto's back-office receivables management services include handling
 multiple reimbursement fee schedules, business relationships and contracts.
     "We've learned that in addition to quality systems, physician groups need
 professional support to operate efficiently," says Shultz.  "The ASP option
 gives this client group the latest systems it needs in the most cost-
 effective, trouble-free manner.  It makes sense for TriZetto's staff to handle
 the group's back-office needs as well, simplifying its outsourcing and
 streamlining the information flow."
 
     About TriZetto
     The TriZetto(R) Group, Inc., is an information technology and services
 company focused on the healthcare industry.  The company hosts and licenses
 software and provides e-business platforms, serving approximately 600
 customers with more than 90 million enrollees.  TriZetto's application service
 provider (ASP) unit hosts a broad selection of applications from multiple
 vendors for a predictable monthly fee.  All of TriZetto's ASP offerings are
 configured for use over the Internet.  TriZetto's HealthWeb(R) technology
 allows all healthcare participants -- health plans, providers, employers and
 members -- to exchange information and conduct business over the Internet.
 HealtheWare(TM), the software engines unit, develops and licenses premium
 Erisco and RIMS applications for payers and benefits administrators.
 Headquartered in Newport Beach, Calif., TriZetto can be reached at
 949-719-2200, http://www.trizetto.com.
 
     This press release may contain forward-looking statements that involve
 risks and uncertainties. The forward-looking statements are made pursuant to
 the Safe Harbor provisions of the Private Securities Litigation Reform Act of
 1995. These forward-looking statements may include statements about future net
 revenues, profits, and financial results, the market for TriZetto's services,
 future service offerings, client and partner relationships, and TriZetto's
 operational capabilities.  Actual results may differ materially from those
 stated in any forward-looking statements based on a number of factors,
 including the effectiveness of TriZetto's implementation of its business plan,
 the market's acceptance of TriZetto's services, risks associated with
 management of growth, reliance on third parties to supply key components of
 TriZetto's services, attraction and retention of employees, variability of
 quarterly operating results, competitive factors, risks associated with
 acquisitions, changes in demand for third party products or solutions, which
 form the basis of TriZetto's service offerings, and risks associated with
 rapidly changing technology, as well as the other risks identified in
 TriZetto's Form 10-K and other SEC filings.
 
 SOURCE  The TriZetto(R) Group, Inc.