CareFirst Chooses Emptoris Contracts.

Leading Blue Cross Blue Shield Health Insurance Provider Selects Emptoris Contracts Solution for Managing its Provider and Supplier Contracts

BURLINGTON, Mass. -- Emptoris, Inc., the leading provider of enterprise supply and contract management software, today announced that CareFirst, Inc., the Mid-Atlantic Region's largest health insurance provider, has selected Emptoris Contracts software to manage its provider and supplier agreements.

CareFirst is one of the nation's largest health care insurance providers serving nearly 3 million members in the Mid-Atlantic Region with revenues in excess of $3 billion annually. CareFirst operates a for-profit HMO subsidiary - CareFirst BlueChoice, Inc. - that is a licensee of the Blue Cross and Blue Shield Association. The HMO features more than 3,500 primary care physicians and includes 165 hospitals in its provider networks. More than 80 percent of all Washington, Maryland and Northern Virginia health care providers participate in one or more of its provider networks. CareFirst also serves approximately 515,000 members in the Federal Employees Health Program (FEP), giving it the largest federal employee enrollment in the nation.

Emptoris Contracts is the healthcare industry's most comprehensive contract management solution, providing powerful contract administration, visibility and controls that improve the management of provider agreements, and ensure regulatory compliance. Emptoris Contracts is a comprehensive contract management solution, spanning every stage of the contract lifecycle, from proposal and contract creation, negotiation, obligations management, and compliance enforcement, through contract amendment, renewal, and ongoing analysis.

"Healthcare Insurer organizations are increasingly challenged with rapid change, dynamic and increasing costs, and complex agreements. Emptoris Contracts provides a competitive edge to leading healthcare insurer organizations by allowing them to greater visibility, control and flexibility in managing their agreements and associated compliance, terms and costs," said Avner Schneur, Emptoris' chief executive officer.

About Emptoris

Emptoris is the world leader in innovative supply and contract management software solutions that empower enterprises to realize best value and accelerate profitable growth. Emptoris solutions are used by successful Global 2000 companies in every industry. Customers include American Express, Boeing, Cigna, ConocoPhillips, GlaxoSmithKline, Kraft, Motorola, UnitedHealthCare and Vodafone.