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Facet Unveils Financial Wellness Score, the New Nationwide Barometer for Personal Financial Health

Retrieved on:

Wednesday, November 1, 2023

Fintech, Psychology, Health, Life, Partnership, Emotion, Investment, Map, Insurance, Risk management, Facet

Until now, the financial industry has lacked an objective standard for measuring one’s financial wellness.

Key Points:

Until now, the financial industry has lacked an objective standard for measuring one’s financial wellness.
“But our financial lives are multi-faceted, and Facet’s Financial Wellness Score reimagines how we view and quantify financial health.
"At Facet, we believe there is no holistic wellness without financial wellness,” said Shruti Joshi, President and Chief Operating Officer of Facet.
To learn more about how Facet is transforming the financial planning industry, or to find out your personal Financial Wellness Score, visit https://facet.com/financial-wellness-quiz/ .

SentiLink Launches Facets – a New Solution to Significantly Improve Financial Fraud Detection and Enhance Proprietary Fraud Models

Retrieved on:

Monday, September 18, 2023

This new tool allows SentiLink's partners to improve their models and accelerate how they make risk-based decisions.

Key Points:

This new tool allows SentiLink's partners to improve their models and accelerate how they make risk-based decisions.
As financial fraud techniques become more sophisticated and complex, financial institutions are turning to machine learning-powered automation to help expedite their ability to catch fraudsters.
With Facets, financial institutions can pick and choose the attributes that work best for detecting fraud within their customer population to radically improve accuracy in fraud models.
Early partner (SentiLink customer) testing revealed that SentiLink Facets significantly improved their model’s ability to accurately detect fraud.

Facets.cloud Raises $4 Million in Seed Funding to Revolutionize DevOps

Retrieved on:

Monday, September 4, 2023

Cloud, DevOps, Developer, Noise, Organization, Capillary Technologies, Philosophy, MPL, Yahoo!, Engineering, Capital, College of Engineering (KNUST), Environment, Facet, Video game

LEWES, Del., Sept. 4, 2023 /PRNewswire/ -- Facets.cloud, a self-serve infrastructure management platform, has raised $4 million in a seed funding round led by 3one4 Capital. The platform helps improve developer productivity by streamlining and productizing cloud deployment workflows.

Key Points:

LEWES, Del., Sept. 4, 2023 /PRNewswire/ -- Facets.cloud , a self-serve infrastructure management platform, has raised $4 million in a seed funding round led by 3one4 Capital.
Facets was co-founded in 2021 by Anshul Sao, Pravanjan Choudhury, and Rohit Raveendran – all three are alumni of IIT-KGP.
Modern DevOps practices today entail Ops teams stitching together 32 categories of toolchains to manage environment provisioning, releases, observability, and other aspects of the cloud delivery process.
Commenting on the funding, Choudhury said: "The infusion of $4 million is a testament to the immense potential of Facets and the platform engineering philosophy we embody.

Horizon Healthcare Services Selects Cognizant to Support its Government Healthcare Programs for 1.2 Million Members

Retrieved on:

Thursday, April 20, 2023

Enterprise, Cognizant, Medicaid, EVP, CTSH, Government, Organization, Encounter, Enrollment, Working, Forest Law Enforcement and Governance Program, Facet, Health insurance, Pharmaceutical industry, Horizon

TEANECK, N.J., April 20, 2023 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) has been selected by Horizon Healthcare Services, Inc. (Horizon), New Jersey's oldest and largest health insurer, to support its government healthcare programs. As part of a 7-year renewal agreement, Cognizant will manage Horizon's claims processing, encounters submissions to the state, provider configuration, and enrollment services for its 1.2 million Medicaid and Dual Eligible Special Needs Plan (D-SNP) members.

Key Points:

Agreement Will Leverage Cognizant's TriZetto Healthcare Products in Support of Horizon's Claims, Encounters, and Enrollment Member Services
TEANECK, N.J., April 20, 2023 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) has been selected by Horizon Healthcare Services, Inc. (Horizon), New Jersey's oldest and largest health insurer, to support its government healthcare programs.
Cognizant will leverage its TriZetto healthcare products suite to provide end-to-end support for Horizon, including hosting the insurer's operations on its Facets platform.
"Working together since 2016, Cognizant has streamlined Horizon's operations and improved the quality of services for Horizon's growing membership," said Sanjay Subramanian, Cognizant Head of Healthcare Payer Services.
We are proud to continue our work with Horizon and support their government healthcare programs with reliable, efficient, and accurate healthcare technology."

Cognizant and Microsoft Collaborate to Bring Microsoft Cloud-based Technology Solutions to the Healthcare Market

Retrieved on:

Thursday, April 6, 2023

Cloud, Enterprise, Cognizant, Software as a service, Partnership, Health care, EVP, CTSH, Microsoft, Organization, Corporation, Microsoft Azure, Azure, Facet, Health insurance

TEANECK, N.J., April 6, 2023 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced an expansion of their long-standing healthcare collaboration with Microsoft, to give healthcare payers and providers easy access to cutting-edge technology solutions, streamlined claims management, and improved interoperability to optimize business operations and deliver better patient and member experiences.

Key Points:

As part of the expansion, Cognizant and Microsoft will work together to build an integration roadmap between Cognizant's TriZetto healthcare products with Microsoft Cloud for Healthcare.
A collaboration with benefits for payers, providers, and consumers
Recognized as a market leader in healthcare cloud-based administration , Cognizant collaborates with Microsoft on a variety of healthcare provider and payer solutions, including interoperability and cost estimation suites in a SaaS environment.
"Through our strategic partnership with Microsoft and building on our advanced TriZetto healthcare solutions, we are empowering clients to adapt to shifting market trends, regulatory changes, and operational demands.
TriZetto's Enterprise portfolio includes 347K+ healthcare providers, 8K+ health insurance payers, and 2.6B annual transactions on its Facets and QNXT platforms.

Cognizant Named a Top Provider of Healthcare Cloud-Based Administration

Retrieved on:

Tuesday, April 4, 2023

Cloud, Partnership, Health, Policy, Robotic process automation, Risk management, CTSH, Government, Organization, Advanced technology, Investment, Facet, Management, Cognizant, Expert witness

TEANECK, N.J., April 4, 2023 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) has been named a Leader of healthcare cloud-based core administration in a new report by Everest Group. In its review of 14 IT healthcare service providers, Everest Group recognized Cognizant's TriZetto practice as a Leader for its extensive portfolio of services, strong vertical and technical capabilities, and positive client feedback.

Key Points:

"The evolving regulatory landscape and innovation in the payment sector is acting as a catalyst for the evolution of core administration platforms for expediting claims processing, optimizing policy administration, and enabling more efficient management of provider networks and members.
In placing Cognizant in the Leader quadrant, Everest Group's assessment highlighted Cognizant's cutting-edge technology, domain expertise, and end-to-end, scalable solutions, including plan design, claims administration, and risk management.
"We're committed to helping our clients improve consumer care by simplifying and enhancing healthcare administration on the cloud," said Craig Mengert, Head of Cognizant TriZetto Products and Services.
"TriZetto healthcare products are designed to help our clients drive administrative efficiencies, improve costs, and enhance member and patient experiences.

Facet Rebrands; Reimagining Financial Advice for the Modern World

Retrieved on:

Wednesday, February 15, 2023

Investment, Life, Tax, Head, AUM, Facet, Financial adviser

Baltimore, Md., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Facet, the company revolutionizing personalized financial advice with an annual membership model, today announced a comprehensive rebrand to align with its mission to unlock invaluable and impartial advice to more Americans.

Key Points:

Baltimore, Md., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Facet, the company revolutionizing personalized financial advice with an annual membership model, today announced a comprehensive rebrand to align with its mission to unlock invaluable and impartial advice to more Americans.
Facet significantly lowers the cost of financial planning, making it accessible to a much broader market than what is currently available in the existing industry.
Facet helps their clients navigate both the expected and unexpected financial decisions that continuously emerge in life, providing tailored advice and guidance at every step of the way.
“Facet is leading a seismic cultural shift, encouraging people to think about money not as an asset but as a tool,” said Shruti Joshi, COO at Facet.

Facet Wealth Appoints Vince Maniago as Chief Product Officer

Retrieved on:

Monday, November 7, 2022

Facet Wealth , a fintech company offering unbiased, personalized advice that integrates into every facet of life at an affordable flat fee, today announced it has appointed Vince Maniago as its Chief Product Officer.

Key Points:

Facet Wealth , a fintech company offering unbiased, personalized advice that integrates into every facet of life at an affordable flat fee, today announced it has appointed Vince Maniago as its Chief Product Officer.
Most recently, Maniago served as the Chief Product Officer for Personal Capital.
Facet Wealth was founded in 2016 on the belief that unbiased, personalized financial advice is essential to living well.
In recognition of their innovative approach and high-quality client experience, Facet Wealth was named NerdWallet's "Best Online Financial Planning Service" in 2020.

Thirty Madison names Quan Zhang Chief Financial Officer, looks to deliver focused growth and continue transformation of specialty care for patients

Retrieved on:

Thursday, September 15, 2022

NEW YORK, Sept. 15, 2022 /PRNewswire/ -- Thirty Madison, the premier specialty healthcare company for people living with chronic conditions, has appointed Quan Zhang as its Chief Financial Officer to lead the company towards focused growth and continue the transformation of specialty care. In addition to Zhang's appointment, the company also promotes Caroline Hofmann to Head of Emerging Business and Julia Bernstein to Head of Operations and Strategy.

Key Points:

Zhang's appointment continues to deepen the experience within Thirty Madison's executive team, as the healthcare leader broadens its combination of specialty care offerings that deliver improved outcomes and better patient experiences.
"We are building Thirty Madison's future with our patients at the forefront: we're providing them with the treatments they've asked for, paired with our innovative approach to care delivery,"said Steve Gutentag, CEO and co-founder of Thirty Madison.
Thirty Madison's unique care model delivers accessible, affordable care, and superior outcomes for hundreds of thousands of patients.
With Keeps, Cove, Picnic, Nurx, and Facet, Thirty Madison offers healthcare solutions that best serve patients across the acuity spectrum of chronic conditions.

Facet Wealth Recognized by Inc. 5000 as One of America’s Fastest-Growing Private Companies; Ranks in Top 1 Percent Nationwide

Retrieved on:

Tuesday, August 16, 2022

Being ranked 46th in the Inc. 5000 is affirmation that Facets mission to deliver impartial financial advice from credentialed financial professionals is resonating with American households, said Shruti Joshi , Chief Operating Officer, Facet Wealth.

Key Points:

Being ranked 46th in the Inc. 5000 is affirmation that Facets mission to deliver impartial financial advice from credentialed financial professionals is resonating with American households, said Shruti Joshi , Chief Operating Officer, Facet Wealth.
Facet Wealth was founded in 2016 on the belief that unbiased, personalized financial advice is essential to living well.
In recognition of their innovative approach and high-quality client experience, Facet Wealth was named NerdWallet's "Best Online Financial Planning Service" in 2020.
The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com .