FALLS CHURCH, Va., Oct. 7 CSC (NYSE: CSC) today announcedthat the My Socrates subrogation and coordination of benefits (COB) revenuerecovery and cost management solution is now available as part of CSC'sFirstPortfolio hosted solution for health plans. My Socrates, developed bySocrates Inc., a SCIOinspire company, facilitates effective management of allaspects of a health plan's subrogation cycle.
FirstPortfolio provides users with a customizable collection ofapplications that are hosted and maintained by CSC. With My Socrates,FirstPortfolio clients have access to a solution that advances cost managementand revenue recovery efforts through subrogation and COB solutions via acentral repository.
"The Socrates Inc. subrogation solution is a welcome addition to CSC'sFirstPortfolio service offering," said Deward Watts, president of CSC's GlobalHealthcare Sector. "By adding My Socrates to FirstPortfolio we are helpinghealth plans manage all aspects of a comprehensive subrogation operation inorder to recover the maximum amount of claims."
"We are delighted to team with CSC," says Krishna Kottapalli, co-founderand chief sales and marketing officer of SCIOinspire. "CSC is recognizedacross the country and around the world for providing tools and technologythat allow healthcare customers to fulfill their mission and meet theirstrategic goals, while optimizing their resources."
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.
A premier provider of cost-management services for the health carecommunity, SCIOinspire offers results-oriented analytics, care managementsupport, revenue recovery and claims management outsourcing solutions.SCIOinspire draws upon an expert pool of clinical, actuarial, legal andanalytical resources, complemented by technology and knowledge assets.
CSC is a global leader in providing technology-enabled solutions andservices through three primary lines of business. These include BusinessSolutions & Services, Global Outsourcing Services and the North AmericanPublic Sector. CSC's advanced capabilities include systems design andintegration, information technology and business process outsourcing,applications software development, Web and application hosting, missionsupport and management consulting. Headquartered in Falls Church, Va., CSC hasapproximately 90,000 employees and reported revenue of $17.1 billion for the12 months ended July 4, 2008. For more information, visit the company's Website at http://www.csc.com.