CSC OFFERS MEDICARE SECONDARY PAYER REPORTING TO HEALTH PLANS
News Release -- June 02, 2009
Full Service Reporting Now Available Through CSC’s FirstPortfolio Offering
FALLS CHURCH, Va., June 2 – CSC (NYSE: CSC) today announced that it has expanded its First Portfolio solution’s business process outsourcing (BPO) capabilities to include fully integrated Medicare Secondary Payer (MSP) reporting for healthcare payers. FirstPortfolio provides users with a collection of applications hosted and maintained by CSC.
MSP status reporting, which requires the identification and reporting of all potential Medicare beneficiaries within commercial health plans to the Centers for Medicare and Medicaid Services (CMS), becomes mandatory for a wide variety of insurers and plan administrators in October 2009. With CSC’s MSP reporting capability, health plan organizations can expand BPO application portfolios to meet implementation timelines and address gaps that may impede compliance with new CMS regulations.
“We are pleased to present this timely business capability to the health plan market,” said Deward Watts, president of CSC’s Healthcare Group. “This addition to FirstPortfolio provides an end-to-end solution that allows our customers to meet CMS deadlines as well as leverage CSC’s health plan domain knowledge and regulatory and compliance experience.”
CSC’s Healthcare Group, which serves healthcare providers, health plans, pharmaceutical and medical device manufacturers, and allied industries around the world, is a global leader in transforming the healthcare industry through the effective use of information to improve healthcare outcomes, decision-making and operating efficiency.
CSC is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions & Services, Managed Services Sector and the North American Public Sector. CSC’s advanced capabilities include systems design and integration, information technology and business process outsourcing, applications software development, Web and application hosting, mission support and management consulting. Headquartered in Falls Church, Va., CSC has approximately 92,000 employees and reported revenue of $16.74 billion for the 12 months ended April 3, 2009. For more information, visit the company’s Web site at www.csc.com.