Mission-Driven Health Care Insurer Renews and Modernizes its IT Operations with edgeTI
April 04 2023 - 7:58AM
Edge Total Intelligence Inc. (“edgeTI”, “Company”) (TSXV:CTRL; OTC:
UNFYF; FSE:Q5i), a leader in real-time digital operations
solutions, is pleased to announce a three-year renewal and
conversion to subscription software in the Health Care Insurer
segment.
“Our connection with this leader in health care solutions began
more than five years ago,” said Nicholas Brigman, edgeTI’s VP of
Products. “It’s gratifying to see this provider continue to drive
awareness and value in their delivery of services to millions of
members in the United States.”
U.S. healthcare insurers face a variety of challenges, including
rising costs, increasing competition, changing regulations, and the
need to increase customer satisfaction according to McKinsey &
Co. Rising costs are primarily driven by the increasing cost of
medical care and pharmaceuticals, as well as the rising cost of
operating a health insurance business. Making governance processes
and operations more visible and efficient enables more focus on
customer service.
“Helping insurers such as this and providers like the Veteran’s
Administration is rewarding in the ever-evolving health care
delivery landscape,” said Jacques Jarman, Chief Revenue Officer of
edgeTI. “We are very proud of the work our team has done to meet
this customers’ specific needs — giving them the confidence to
renew for another three years."
Today’s announcement follows the Company’s recent press releases
regarding generative AI support of ChatGPT and industry analyst
recognition for Digital Twins. edgeTI believes these advances will
help customers operationalize AI and create digital twins of their
organization that extend business value and improve customer
experiences.
About edgeTI
edgeTI helps customers sustain situational awareness and
accelerate data-driven action with its real-time digital operations
software, edgeCore™. Global enterprises, service providers, and
governments are more profitable when insight and action are united
to deliver fluid composable experiences via the platform's low-code
development. With edgeCore, customers improve their margins and
agility by rapidly transforming siloed systems and data across
evolving, complex situations in business, technology, and
cross-domain operations — helping them achieve the impossible.
Traded on: TSXV: CTRL, OTCQB: UNFYF, FSE: Q5i
Website: https://edgeti.com LinkedIn:
www.linkedin.com/company/edgeti YouTube:
www.youtube.com/user/edgetechnologies Twitter:
www.twitter.com/edge_suite
For further Information contact:
Nick BrigmanPhone: 888-771-3343 Email: ir@edgeti.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Forward-Looking Information and
Statements Certain statements in this news release are
forward-looking statements or information for the purposes of
applicable Canadian and US securities law. Forward-looking
statements consist of statements that are not purely historical,
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intentions regarding the future. Such information can generally be
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circumstances may cause actual results to differ materially from
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uncertainties, and other factors, many of which are beyond the
control of the edgeTI, including but not limited to, completion of
due diligence by the lender, business, economic and capital market
conditions.
Such statements and information are based on numerous
assumptions regarding present and future business strategies and
the environment in which the edgeTI will operate in the future,
including the demand for its products, anticipated costs, and the
ability to achieve goals. Factors that could cause the actual
results to differ materially from those in forward-looking
statements include, the continued availability of capital and
financing, the impact of viruses and diseases on the Company's
ability to operate, competition and general economic, and market or
business conditions. The reader is cautioned not to place undue
reliance on any forward-looking information. The forward-looking
statements contained in this news release are made as of the date
of this news release. Except as required by law, the Company
disclaims any intention and assumes no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
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