CSC acquires U.K. health-care organization.EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif.--(BUSINESS WIRE)--July 12, 1995--Computer Sciences Corp. (NYSE NYSE See: New York Stock Exchange :CSC) has purchased the Oxford Consortium, the information-services unit of the Anglia and Oxford Regional Health Authority. Purchase price was not disclosed. Estimated annual revenue from contracts held by the Oxford Consortium is $15 million. The Oxford Consortium supports about 80 surrounding hospitals and health-care organizations with a broad array of administrative services such as finance, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most and information technology. In addition to taking over these contracts, CSC will acquire the consortium's data center in Oxford. About 230 employees specializing in health-care and information-technology services will also join CSC. Employees will be based in Oxford, working from the consortium's former headquarters now owned by CSC. The new organization has been named The CSC Oxford Consortium. Services provided by CSC will include mainframe computing, desktop services and applications-development support, as well as management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects geared to the health-care industry. ``We're proud to support the U.K. government as it seeks to privatize services like information technology that can be run more efficiently by the private sector,'' said CSC President and Chief Executive Officer Van B. Honeycutt. ``Health care is a key area of growth for CSC,'' he added. ``Right now, health-care organizations in Europe are spending an average of $7 billion each year on information-technology services. By the year 2000, that spending could double. Organizations like The CSC Oxford Consortium are in a strong position to take the lead in delivering services to support this growth.'' Added Sir Stuart Burgess, chairman of the Anglia and Oxford Regional Health Authority: ``The new arrangement will ensure that existing services are still available to the health-care organizations we serve. In addition, it offers the staff of the consortium an attractive working future. We wish them every success.'' The Oxford Consortium was set up in 1991 as the trading arm of the Oxford Regional Health Authority. It provides services on a contract basis with local health authorities. Computer Sciences Corp. had $3.4 billion in annual revenues for the 12 months ended March 31, 1995. The company has headquarters in El Segundo and 33,000 employees in 575 offices worldwide. CSC provides clients with a wide range of professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , including management consulting; business re-engineering; information-systems consulting and integration; and outsourcing. CONTACT: Computer Sciences Corp., El Segundo Bruce Plowman, Mary Rhodes Mary Rhodes is a regular sports presenter on BBC World throughout the week and often presents the sport on the BBC One Weekend Bulletins. She has held this role since 2000, but prior to this was with BBC News 24 since its 1997 launch. or Spencer Davis For a former Governor of Saint Helena, see . Spencer David Nelson Davis (born 17 July, 1939 in South Wales, UK) is a musician and multi-instrumentalist, and the founder of the 1960s rock band, the Spencer Davis Group. 310/615-0311 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion