Blue Cross Blue Shield Association Awards Unisys a National Contract for Claims Outsourcing Services.BLUE BELL, Pa. -- Blue Cross Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross. (BCBS BCBS Blue Cross/Blue Shield BCBS Basel Committee on Banking Supervision BCBS Barre Center for Buddhist Studies BCBS Bay City Baptist School BCBS Bishop Cotton Boys School (Bangalore, India) BCBS Bar Code Business Software ) Companies express strong interest in outsourcing select business processes Unisys Corporation (NYSE NYSE See: New York Stock Exchange :UIS (graphics, programming) UIS - A VMS graphics programming interface package for VAXstations. ) announced today that the Blue Cross Blue Shield Association (BCBSA BCBSA Blue Cross and Blue Shield Association ) has signed a three-year national contract with Unisys to offer "Blue" companies outsourcing services for claims administration. The competitively bid agreement provides the 40 independent, locally owned and operated BCBS companies the option of contracting with Unisys for an end-to-end business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in solution. Each company that elects to participate will determine the best mix of Unisys services required to reduce administrative costs, redirect internal resources to strategic programs and address rapidly changing technology and regulatory requirements. "Some BCBS companies indicated the need for a best-in-class partner for business process outsourcing. Unisys won the bid because of its broad healthcare portfolio, proven experience and flexible approach to managing claims processing," said Mike Ozmeral, managing director, BCBSA. Unisys business process outsourcing (BPO BPO Business Process Outsourcing BPO Benevolent & Protective Order (of Elks of the USA) BPO Benzoyl Peroxide BPO Business Process Optimization BPO Broker Price Opinions BPO Buffalo Philharmonic Orchestra ) services for health care include its Health Payer Administration Solution, (Health PAS). Health PAS provides significant advances in managing claims by reducing long-term administrative and operating costs while enhancing the speed and quality of administrative services. Unisys also delivers key claims processing operations, such as claims entry, document management, member eligibility verification and benefit adjudication The legal process of resolving a dispute. The formal giving or pronouncing of a judgment or decree in a court proceeding; also the judgment or decision given. The entry of a decree by a court in respect to the parties in a case. , provider verification, pended claims/utilization review and payment processing. "Through this BCBSA agreement, Unisys can offer low-cost solutions tailored to meet the individual business needs of the participating BCBS companies," said Al Binford, managing partner, Global Outsourcing, Americas. "The lower costs result from our efficient BPO delivery capabilities and the economies of scale created as additional 'Blue' companies begin to use Unisys services. Unisys is expert at leveraging shared-services environments to control costs while transforming the business operations of our clients." Unisys currently supports health care initiatives for federal, state and private sector heath care clients, including 4.2 million U.S. Medicaid members and 4.5 million commercial health care members. About Unisys Unisys is a worldwide information technology services and solutions company. Our people combine expertise in consulting, systems integration, outsourcing, infrastructure and server technology with precision thinking and relentless execution to help clients, in more than 100 countries, quickly and efficiently achieve competitive advantage. For more information, visit www.unisys.com. About BCBSA The Blue Cross and Blue Shield Association
RELEASE NO.: 0217/8508 http://www.unisys.com/about__unisys/news_a_events/02178508.htm Unisys is a registered trademark of Unisys Corporation. All other brands and products referenced herein are acknowledged to be trademarks or registered trademarks of their respective holders. |
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