Carriers have a lot of work to do in advance of the Patient Protection and Affordable Care Act's major provisions taking effect next year.
The law will drive significant change throughout the health insurance industry, according to SunGard, a software and IT services provider. And carriers need to be ready to achieve growth in the midst of all the change.
"Health payers' new business strategies are driving the need to streamline business processes and react quickly to capture new revenue streams," said Paul Tiede, executive vice president of SunGard's insurance business.
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