Columbia/HCA Selects CODA-Financials for 2,000 Medical Practices.MANCHESTER, N.H.--(BUSINESS WIRE)--July 16, 1997-- CODA (1) A distributed file system developed at Carnegie Mellon University in the late 1980s. Evolving from the Andrews File System, Coda is noted for its ability to withstand network failures. See AFS. (2) A software company based in the U.K. Inc. today announced the signing of an agreement with Columbia/HCA Healthcare Corporation (NYSE NYSE See: New York Stock Exchange :COL) for use of CODA-Financials for the Columbia Physician Services accounting system. CODA will be used to standardize and enhance financial accounting for Columbia's network of 2,000 medical practices across the U.S. The CODA-Financials client/server system will interface with other Columbia systems and support 200 users on an IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) RS/6000 UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). platform hosting an Informix database. "Columbia Physician Services will now be able to integrate our accounting functions with other new and existing systems while meeting the challenges of handling the complex accounting for physician practices of all sizes," said David L. Smith David L. Smith can refer to:
CODA-Financials is recognized for its flexibility and depth of functionality for sophisticated intercompany accounting and reporting requirements. "The high standards that Columbia Physician Services sets for healthcare delivery also apply to its business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets , so CODA is especially pleased to have been selected for their financial accounting solution," said William Franklin, senior vice president and general manager of CODA's eastern U.S. operations. "We attribute our success not only to the strength of CODA-Financials, but also to the CODA sales team, whose diligence in uncovering Columbia's critical business issues and understanding their strategic goals enabled us to design and propose the best system," Franklin said. Columbia is the nation's largest provider of healthcare services with facilities in 36 states, England, Switzerland, and Spain. Columbia's networks include 342 hospitals, 148 surgery centers, more than 570 home health locations and a nationwide pharmacy benefit management A Pharmacy Benefit Manager (PBM) is a third party administrator of prescription drug programs. They are primarily responsible for processing and paying prescription drug claims. company. The company is building comprehensive networks of healthcare services, including home health, rehabilitation and skilled nursing units, in local markets. Columbia provides care to approximately 150,000 people each day. CODA is one of the top 100 software companies in the world, with more than 1,400 customers in 45 countries. The company's customers include Avon, Amgen, Amway, Booz-Allen & Hamilton, Caterpillar, Frank Russell Company, and Newsweek. CODA Inc., based in Manchester, N.H., is a subsidiary of CODA Group plc (LSE LSE - Language Sensitive Editor :CODA), of Harrogate, England. CODA's chief competitors in the enterprise financials market include Oracle, Peoplesoft, and SAP. CONTACT: CODA Inc. Edward F. Clough, 603-628-7287 cloughe@codainc.com |
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