ACS Wins Expanded BPO Contract With Touchstone Health Partnership, Inc.
ACS has provided end-to-end BPO services to Touchstone Health since April of 2003, including front-end mailroom, scanning, imaging and workflow, claims entry and payment, capitation payment, back-end printing and mailing services, web portal hosting, and data warehouse, as well as IT and application hosting. ACS will continue to provide services from its healthcare division in Indianapolis, Indiana. All services are delivered utilizing onlineHealthplan(R), ACS' proprietary suite of online applications and tools. Under the terms of the expanded contract, ACS will extend its range of services to cover Touchstone Health's new Medicare Advantage contract in New York.
In November 2004, Touchstone Health received a license from the federal Centers for Medicare and Medicaid Services to operate New York State's first Medicare Provider Sponsored Organization (PSO). With this recent new line of business that ACS will support, Touchstone Health became the first federally qualified PSO with a Medicare Advantage contract in New York, and currently the only one in the nation.
"ACS' broad experience in healthcare and benefit plan administration, combined with its technology to support these services, were key factors in our decision to expand our relationship," said Rob Caione, EVP, Chief Operating Officer, Touchstone Health. "We have been very happy with ACS' services over the past two years, and we are confident that ACS will continue to provide the outstanding support we need to broaden and grow within the healthcare arena."
"Our solutions are designed to adapt to ongoing and evolving needs, provide administrative cost-savings, and support our clients' growth," said Lynn Blodgett, Group President of ACS Commercial Solutions. "ACS' core suite of advanced onlineHealthplan tools enabled Touchstone Health to immediately expand its business without having to add additional personnel. We look forward to many more accomplishments as our relationship with Touchstone Health expands."
Founded in 1998, Touchstone Health Partnership, Inc., is a New York City- based care management company, dedicated to exclusively serving the health needs of Medicare beneficiaries. After six successful years of serving New York City's Medicare population through a contract with Health Net, Touchstone Health is expanding its Medicare business scope in new markets. Find out more online at http://www.touchstone-health.com/ .
ACS, a FORTUNE 500 company with more than 47,000 people supporting client operations in nearly 100 countries, provides business process and information technology outsourcing solutions to world-class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS". ACS makes technology work. Visit ACS on the Internet at http://www.acs-inc.com/ .
The statements in this news release that do not directly relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.
CONTACT: investor relations, Warren Edwards, Executive Vice President- Chief Financial Officer, +1-214-841-8082, or firstname.lastname@example.org , or media, Lesley Pool, Senior Vice President-Chief Marketing Officer, +1-214-841-8028, or email@example.com , both of Affiliated Computer Services, Inc.
Web site: http://www.acs-inc.com/ http://www.touchstone-health.com/