DST Health Solutions and Independence Blue Cross Extend Business Process Outsourcing Agreement
21 5월 2008 - 10:48PM
PR Newswire (US)
Business Process Outsourcing for Claims Administration Helps
Leading Pennsylvania Health Insurer Reduce Costs, Increase
Productivity BIRMINGHAM, Ala., May 21 /PRNewswire-FirstCall/ -- DST
Health Solutions today announced an extension of its agreement with
Independence Blue Cross, a leading Pennsylvania-based health
insurer serving nearly 3.4 million members, for business process
outsourcing services. DST Health Solutions' outsourcing center in
Harrisburg, Pa. will continue to provide business process
outsourcing services for front-end data capture, claims
adjudication and claim adjustments for Independence Blue Cross.
"Our collaborative working relationship with DST Health Solutions
has helped to increase the rate of claims that require no
intervention, commonly called the first-pass rate, which greatly
helps us to reduce our administrative costs of claim processing and
increase the productivity of our staff that handle millions of
these transactions each year," said Stephan Roker, vice president
of processing services, Independence Blue Cross. Outsourcing
services help health plans, such as Independence Blue Cross, reduce
transaction costs and improve service levels without additional
infrastructure. "We work closely with our clients to accommodate
their business needs," said Steve Sabino, president, DST Health
Solutions. "As one of the largest providers of business process
outsourcing services to the commercial health insurance industry,
we're pleased to continue our relationship with Independence Blue
Cross." The agreement also includes a continuation of IBC's license
for the claims administration solution, PowerMHS(R), as well as
software development and consulting services. PowerMHS is a
sophisticated, integrated system providing functionality for member
services, benefit administration, premium billing, provider
management and reimbursement, utilization management, claims
productivity and adjudication, financial management and reporting.
About DST Health Solutions DST Health Solutions delivers solutions
and business process outsourcing services that improve efficiency,
reduce operational costs, increase speed to market and improve
customer service for health plans, consumer-directed plans,
government plans (Medicare Advantage/Part D and Medicaid) and
physician practices. DST Health Solutions' enterprise applications,
and ASP and Business Process Outsourcing services support 390
healthcare clients, representing more than 38 million covered
lives, 360 million health plan claims, 35 million physician
business transactions and 700,000 consumer-directed members
annually. For more information about DST Health Solutions, contact
800.272.4799 or or visit http://www.dsthealthsolutions.com/. About
Independence Blue Cross Independence Blue Cross is a leading health
insurer in Southeastern Pennsylvania. IBC and its affiliates
provide coverage to nearly 3.4 million people. For 70 years,
Independence Blue Cross has offered high-quality health care
coverage tailored to meet the changing needs of members, employers,
and health care professionals. Independence Blue Cross is an
independent licensee of the Blue Cross Blue Shield Association, an
association of independent Blue Cross and Blue Shield Plans. For
more information on Independence Blue Cross, visit
http://www.ibx.com/. The information and comments above may include
forward-looking statements respecting DST and its businesses. Such
information and comments are based on DST's views as of today, and
actual actions or results could differ. There could be a number of
factors affecting future actions or results, including those set
forth in DST's latest periodic financial report (Form 10-K or 10-Q)
filed with the Securities and Exchange Commission. All such factors
should be considered in evaluating any forward-looking comment. The
Company will not update any forward-looking statements in this
press release to reflect future events. DATASOURCE: DST Health
Solutions CONTACT: Chris Goldman, Media Relations of DST Health
Solutions, +1-816-843-9087 Web site:
http://www.dsthealthsolutions.com/ http://www.ibx.com/
Copyright