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Conduent Incorporated (NASDAQ: CNDT) is the world's largest provider of diversified business process services. The company excels in transaction processing, automation, analytics, and constituent experience. Conduent collaborates with both government and commercial customers to enhance the delivery of services to their respective client bases. It plays a pivotal role in the U.S. healthcare industry by managing interactions with patients and the insured. Additionally, it serves as the customer interface for large segments of the technology industry and is a key operational and processing partner for public transportation systems globally.
Conduent offers a broad range of services including digital payments, claims processing, benefit administration, automated tolling, customer care, and distributed learning. These services are designed to create value for both clients and their constituents by modernizing and managing interactions effectively. Customers include Fortune 100 companies and more than 600 government and transportation agencies.
The company operates through three key segments: Commercial Industries, Government Services, and Transportation, with the majority of its revenue generated in the United States. Conduent's significant recent achievement includes successfully migrating its on-premises Oracle Exadata environment to the cloud using Oracle Database@Azure. This migration has significantly improved application performance and enabled real-time transaction processing, enhancing the services provided to its clients.
To stay updated on the latest developments, visit www.conduent.com.
Conduent Incorporated (Nasdaq: CNDT) announced the launch of the Shield Provider Portal, a self-service technology solution aimed at improving efficiency and reducing costs for medical providers managing workers compensation and auto casualty claims. This portal allows providers to view claim adjudication statuses and payment information from multiple payers through a single entry point, minimizing the need for customer service interactions and duplicate claims. Developed in partnership with Jopari Solutions, the portal integrates Conduent’s Strataware® medical bill review system with Jopari’s eBilling and ePayment solutions.
Conduent aims to enhance service efficiency for casualty organizations, streamlining processes that traditionally required phone inquiries. The portal addresses common provider queries regarding claim status and billing, thus fostering a more effective claims processing environment.
Conduent Incorporated (Nasdaq: CNDT) is set to report its first-quarter 2023 financial results on May 3, 2023, before the market opens. A conference call and webcast will follow at 9:00 a.m. ET, accessible via live audio cast on their investor website. Conduent specializes in technology-led business solutions across commercial, government, and transportation sectors, employing approximately 60,000 associates. The company enables significant service delivery, processing over 1.3 billion customer interactions annually and handling nearly 12 million toll transactions daily. This upcoming earnings report will provide insights into Conduent's performance and future outlook for investors.
Conduent Incorporated (Nasdaq: CNDT) will present a session at the DIA Medical Affairs and Scientific Communications Forum from April 17-19, 2023, in Anaheim, California. The company will showcase its Global Medical Information Services, emphasizing the efficiency of its AI-driven services for pharmaceutical manufacturers. The session titled “Strategic Transformation of Medical Information via Global Centralization” is scheduled for April 18, highlighting a case where a multinational pharmaceutical giant reduced compliance risks and program costs by over 25%. Conduent, with nearly 60,000 employees, is committed to enhancing healthcare operations and ensuring regulatory compliance. This initiative aims to improve consumer and healthcare professional satisfaction while addressing the increasing operational costs in healthcare.
Conduent (Nasdaq: CNDT) has implemented a new cloud-based system to enhance child support payment processing for over 31,000 families in New Hampshire. The upgrade, part of a 10-year contract renewal, transitions the State Disbursement Unit (SDU) from a data center to a cloud solution, increasing efficiency and reliability. It introduces features for payments via PayPal and plans for digital options like Venmo and Apple Pay. With over 30 years in child support operations, Conduent processes about $11 billion annually, serving as a key partner in improving financial stability for families.
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