Trace Devanny has been named CEO of the TriZetto Group, a healthcare information technology company serving payers, effective July 19. Devanny replaces Jeff Margolis, who has been chairman and CEO since founding TriZetto in 1997. Margolis will continue as chairman of the board. Devanny will lead TriZetto from Greenwood Village, Colo., which will replace Newport Beach, Calif., as the company's headquarters. Devanny, 58, was most recently president of Cerner Corp., the Kansas City, Mo.-based health information management company. He spent 17 years at IBM Corp., where he led its healthcare business in the Mid-Atlantic region. He was also president and CEO of ADAC Health Care Information Systems, a radiology information and image-management firm acquired by Cerner in 2000.
Late News: Devanny named TriZetto CEO; Margolis to continue as chair
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