Centene Corp awarded a multi-year technology services contract to Cognizant. The deal is valued at more than $500 million and could potentially reach $1 billion. This agreement includes a mix of new and renewed business.
The partnership marks a significant renewal between the two companies after nearly a decade. Cognizant will implement its TriZetto healthcare software platform and AI-powered frameworks to modernize Centene's infrastructure.
The technology will automate medical billing, claims processing, and customer service operations. Further details may be disclosed during Cognizant's upcoming second-quarter earnings call.