Covansys Announces Creation of Center for Advanced Health Systems.Business/Technology Editors and Health/Medical Writers FARMINGTON HILLS Far·ming·ton Hills A city of southeast Michigan, an industrial suburb of Detroit. Population: 81,400. , Mich.--(BW HealthWire)--Feb. 12, 2001 Covansys (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CVNS CVNS Concert Virtual Network Service CVNS Aircraft Carrier Navigation System CVNS Cardiovascular Neurological Services CVNS Continuous-Valued Number System ), the global technology services company formerly known as Complete Business Solutions, Inc., announced today the creation of the Center For Advanced Health Systems to help health care enterprises meet the technological demands imposed by the Health Insurance Portability and Accountability Act The Health Insurance Portability and Accountability Act (HIPAA) was enacted by the U.S. Congress in 1996. According to the Centers for Medicare and Medicaid Services (CMS) website, Title I of HIPAA protects health insurance coverage for workers and their families when (HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, ). Enacted in 1996, HIPAA will create a standard format for the secure electronic exchange of patient data among various segments of the health care industry. The legislation is predicted to have an estimated financial impact of two to three times Y2K See Y2K problem and Y2K compliant. Y2K - Year 2000 . Alan Dowling PhD, senior vice president of Covansys, is responsible for directing the center's initiatives. Dowling's involvement in federal health legislation and federal health informatics Health informatics or medical informatics is the intersection of information science, computer science and health care. It deals with the resources, devices and methods required to optimize the acquisition, storage, retrieval and use of information in health and biomedicine. task forces make his appointment a sound one. Dowling served on the White House Task Force on Health Care Reform, on the Information Management Task Force of the Joint Commission on Accreditation of Healthcare Organizations Joint Commission on Accreditation of Healthcare Organizations, n.pr the United States body that accredits healthcare organizations. Joint Commission on Accreditation of Healthcare Organizations (JCAHO/TJC), n. , on the Health Information Infrastructure programs of the Council on Competitiveness, and on the National Information Infrastructure initiative. "For better or worse, HIPAA will be the catalyst for dramatic technological changes that will allow trading partners within the health care industry to interoperate more efficiently and in mutually beneficial Adj. 1. mutually beneficial - mutually dependent interdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" ways," said Michael Bealmear, president and chief executive officer of Covansys. "Creation of the Center for Advanced Health Systems and Alan Dowling's appointment as its leader demonstrate our commitment to provide credible and trustworthy technology services as the industry copes with the challenges and opportunities presented by HIPAA." HIPAA will have a major impact on every health insurer, hospital system, health care provider, ancillary care provider and pharmacy in the country. Under the legislation, every company within the health care industry is required to implement systems and processes for administrative simplification and protection of patient information. To achieve full HIPAA compliance, companies will be required to implement comprehensive system upgrades, implement new privacy capabilities, and facilitate a transfer from paper to electronic administrative processing. "The introduction of the Center for Advanced Health Systems to the Covansys suite of industry leading services is demonstrative of the company's vast understanding of the technological demands," said Dowling. "Helping health care providers comply with these regulations is a goal we are highly capable of achieving. I am confident that Covansys will lead the industry in HIPAA-related success stories." Covansys has already performed many HIPAA assessments and has assembled a team of industry experts to assist Dowling with the center's operations. The Center for Advanced Health Systems will be based in Farmington Hills, Michigan Farmington Hills is the most populous city in Oakland County of the U.S. state of Michigan. It is a suburb of Detroit and is known for it's affluence, excellent schools, great housing stock, luxury homes and a center of business in Oakland County and Metro Detroit. . About Covansys Covansys (Nasdaq: CVNS), formerly known as Complete Business Solutions, Inc., is a global technology services company specializing in Web-to-Enterprise Integration (WEISM), industry-specific solutions and strategic outsourcing. Since its founding in 1985, Covansys has successfully delivered fast, focused, high-quality yet cost-effective business and technical solutions, building a professional heritage that bridges `Old World' legacy systems and the New Economy's leading-edge e-business technologies. With one of the largest offshore capabilities of any U.S.-based technology services provider, Covansys is one of the few companies in the world to achieve the SEI's CMM (Capability Maturity Model) A process developed by SEI in 1986 to help improve, over time, the application of an organization's supporting software technologies. (R) Level 5 quality ratings at its offshore development centers in India. Headquartered in Farmington Hills, Michigan, Covansys has 5,000 full-time employees at its domestic and international offices and was named one of the 100 fastest-growing US-based companies by Fortune Magazine in September 2000. Visit our website at: www. covansys .com. |
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