Cognizant has lowered its operating margin in the fourth quarter due to impact from impairment of certain capitalized costs related to a large contract with a healthcare customer. Though Cognizant did not disclose the name of the healthcare client, TOI has learnt that the customer is US health insurance provider EmblemHealth, a not-for-profit health insurer, catering to over three million people in the New York area.from Cognizant lowers margin due to EmblemHealth impact https://ift.tt/bjpa6Cu https://ift.tt/KfNk1x6
Tags:
BUSINESS