CSC Wins $143 Million Contract to Support Department of Labor Office of Workers’ Compensation Programs
News Release -- January 31, 2011
FALLS CHURCH, Va., Jan. 31 – CSC (NYSE: CSC) announced today that the U.S. Department of Labor awarded the company a contract to implement and operate the Office of Workers’ Compensation Programs’ Central Bill Process (CBP) service. The contract, which was awarded during CSC’s fiscal 2011 second quarter, has a seven-year period of performance and an estimated total value of $143 million.
Under the terms of the contract, CSC will provide services to process medical bills, facilitate prior authorization of services, respond to inquiries related to medical benefits through a call center and service oriented architecture-based systems, and implement a fraud and abuse detection program.
“We look forward to continuing our more than 25 years of support to the Department of Labor in its efforts to foster and promote the welfare of the Office of Workers’ Compensation beneficiaries,” said Mike Gaffney, president of CSC’s North American Public Sector Civil and Health Services group. “By leveraging our government and commercial experience in information technology infrastructure and health services, CSC will provide the Office of Workers’ Compensation Programs with services that facilitate the timely and accurate processing of medical bills.”
CSC is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions and Services, the Managed Services Sector and the North American Public Sector. CSC’s advanced capabilities include system design and integration, information technology and business process outsourcing, applications software development, Web and application hosting, mission support and management consulting. The company has been recognized as a leader in the industry, including being named by FORTUNE Magazine as one of the World’s Most Admired Companies for Information Technology Services (2010). Headquartered in Falls Church, Va., CSC has approximately 94,000 employees and reported revenue of $16.1 billion for the 12 months ended October 1, 2010. For more information, visit the company’s website at www.csc.com.