News Release-- April 28, 1999
BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA LICENSES CSC'S POWER (MHS) SYSTEM
El Segundo, Calif., April 28 -- Computer Sciences Corporation (NYSE: CSC) today announced that it has licensed its POWERMHS Managed Healthcare Information System to Blue Cross and Blue Shield of North Carolina* (BCBSNC).
Under the terms of the contract, CSC's Healthcare Group will implement the POWERMHS system to cover more than 800,000 of the organization's members and will convert data from existing BCBSNC legacy systems. Conversion of the organization's existing business is slated to begin in the year 2000. A broad team of CSC experts and more than 100 BCBSNC employees has been dedicated to this ambitious project.
"We will be unveiling the next generation of healthcare products in 2000 that give our customers what they want - choice, flexibility and improved access to quality healthcare," said Fred Goldwater, Vice President of Strategic Planning for BCBSNC. "This new technology will help us offer those improvements and significantly improve our customer service."
In addition to implementation and data conversion, CSC will assist BCBSNC in developing interfaces to the national Blue Cross and Blue Shield system, additional BCBSNC legacy systems and the organization's key vendors.
Blue Cross and Blue Shield of North Carolina is the state's largest health insurer, with 1.8 million members and a 66-year history of providing quality, affordable healthcare coverage for North Carolinians. BCBSNC is one of five health plans in the state to earn three-year, full accreditation from the National Committee for Quality Assurance, an independent, not-for-profit organization that evaluates managed care companies.
CSC's Healthcare Group offers the management services and technology to meet the strategic, operations, applications, information systems integration, and business process outsourcing needs of providers, payors and suppliers. A leader in the healthcare marketplace for more than 25 years, CSC's Healthcare Group offers a healthcare focus and end-to-end solution set that are unparalleled in the industry.
Computer Sciences Corporation helps clients in industry and government use information technology to achieve strategic and operational objectives. The company develops individual business solutions that are delivered by CSC's 50,000 employees in more than 700 offices worldwide in areas such as management and information technology consulting, systems consulting and integration, operations support and information services outsourcing.
Since its formation in 1959, CSC has been known for its flexibility in its relationships with clients. The company maintains numerous agreements with hardware and software technology companies and thus is able to identify and manage solutions specifically tailored to each client's needs. CSC had revenues of $7.4 billion for the twelve months ended January 1, 1999. Its headquarters are in El Segundo, California. For more information, visit the company's web site at www.csc.com.
* Blue Cross and Blue Shield of North Carolina is an independent licensee of the Blue Cross and Blue Shield Association.