Covantage Adds The Dial Corporation to its Growing Client List.Business Editors & Health/Medical Writers AUSTIN, Texas--(BUSINESS WIRE)--Sept. 3, 2002 $1.7 Billion Consumer Products Company Selects Covantage to Provide Benefits Administration Services to Its More Than 3,700 Employees Covantage, a provider of benefits administration services to national employers and subsidiary of PacifiCare Health Systems PacifiCare Health Systems (former NYSE: PHS) was a Fortune 500 healthcare company based in Cypress, California. It was acquired by UnitedHealth Group (NYSE: UNH) in late 2005, which continues to market health plans under the PacifiCare name. , Inc. (Nasdaq:PHSY PHSY PacifiCare Health Systems, Inc ), announced that it has added The Dial Corporation (NYSE NYSE See: New York Stock Exchange :DL) to its growing list of national clients. Covantage will provide benefits administration services for The Dial Corporation's employees including benefit eligibility, file transfers and customized consolidated billing services. In working with The Dial Corporation, Covantage will gather, maintain and transfer individual eligibility and enrollment data; develop, establish and maintain a system to track, transfer and route plan enrollment and eligibility information; and establish and maintain communication and data transfer protocols with Dial's benefit vendors. The Dial Corporation, a $1.7 billion consumer products company based in Scottsdale, Ariz., employs more than 3,700 people and operates manufacturing facilities throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . Dial's brands include Dial(R) soaps, Purex(R) laundry detergent, Renuzit(R) air fresheners air freshener n → ambientador m air freshener air n → désodorisant m air freshener air n → and Armour(R) Star canned meats. "At Dial, we needed more than just a claims-processing company -- we needed a company with the expertise necessary to develop, implement and manage an effective and efficient benefits administration system," said Kevin Greeley, manager of health and welfare for The Dial Corporation. "We selected Covantage because of its solid technology and understanding of the health care industry, which we believe will provide better service for our benefit providers as well as our employees." "Working with The Dial Corporation gives us a wonderful opportunity to deliver state-of-the-art benefit administration services to one of America's most recognized companies," said Barbara Lapwing lapwing, common name for some members of the family Charadriidae, which includes the plovers. Lapwings are almost all inland or upland birds, found in all temperate and tropical regions except North America. , vice president and general manager of Covantage. "As a subsidiary of a health and consumer services Consumer Services refers to the formulation, deformulation, technical consulting and testing of most consumer products, such as food, herbs, beverages, vitamins, pharmaceuticals, cosmetics, hair products, household cleaners, [paints, plastics, metals, waxes, coatings, minerals, company, combined with our ability to utilize the latest in administrative services technology, we can offer The Dial Corporation services that will help maximize efficiencies and cost-savings." About Covantage Founded in 1990 by PacifiCare Health Systems, Covantage (formerly HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, National Network) delivers state-of-the-art benefit administration services to national employers. Located in Austin, Texas, Covantage is an independent administrative services vendor managing approximately 350 carrier relationships nationwide. Core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
About The Dial Corporation The Dial Corporation, headquartered in Scottsdale, Ariz., is one of America's leading manufacturers of consumer products, including Dial soaps, Purex laundry detergents, Renuzit air fresheners and Armour Star canned meats. Dial products have been in the American marketplace for more than 100 years. For more information about The Dial Corporation, visit the Company's Web site at www.dialcorp.com. |
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