CSC Adds Provider Contracting to Hosted Healthcare Offering

Monday, June 9, 2008 General News
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FALLS CHURCH, Va., June 9 CSC (NYSE: CSC) today announcedthat Kryptiq's Choreo suite of provider contracting management solutions isnow available as part of CSC's FirstPortfolio hosted solution for healthplans. The Choreo product suite automates health plans and other payerorganizations' provider contracting processes.

Launched in October, FirstPortfolio provides users with a customizablecollection of applications that are hosted and maintained by CSC. With Choreo,FirstPortfolio clients have access to a solution that manages providercontracts via a single source.

"Kryptiq's contracting solution is a welcome addition to CSC'sFirstPortfolio service offering," said Deward Watts, president of CSC's GlobalHealthcare Sector. "By adding Choreo to FirstPortfolio we are streamlining thecontracting process. This will help health plans improve speed, accuracy andefficiency."

"Our alliance with CSC will enable Kryptiq to further accelerate thedeployment of the number-one health plan provider network managementintelligence solution across the country," said Luis Machuca, Kryptiqpresident and chief executive officer. "Kryptiq has a successful track recordof delivering powerful contract and network management tools to the market,and we are excited about further expanding our footprint with CSC."

FirstPortfolio allows health plans to add new functionality in a fractionof the time required for traditional implementations while reducing financialrisk and decreasing capital expenditures. Additionally, health plans benefitfrom a single contract that includes pre-negotiated prices for applicationsavailable through FirstPortfolio and CSC's data center management services.

CSC's Global Healthcare Sector, which serves healthcare providers, healthplans, pharmaceutical and medical device manufacturers, and allied industriesaround the world, is a global leader in transforming the healthcare industrythrough the effective use of information to improve healthcare outcomes,decision-making and operating efficiency.

About CSC

CSC is a leading information technology (IT) services company. CSC'smission is to be a global leader in providing technology-enabled businesssolutions and services.

With approximately 90,000 employees, CSC provides innovative solutions forcustomers around the world by applying leading technologies and CSC's ownadvanced capabilities. These include systems design and integration; IT andbusiness process outsourcing; applications software development; Web andapplication hosting; and management consulting. Headquartered in Falls Church,Va., CSC reported revenue of $16.5 billion for the 12 months ended March 28,2008. For more information, visit the company's Web site athttp://www.csc.com.

SOURCE CSC


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