Systems Xcellence Awarded Million Dollar U.S. System Upgrade Contract from Blue Cross and Blue Shield of South Carolina.Business EditorsMILTON, Ontario--(BUSINESS WIRE)--Feb. 26, 2001 Assists Customer with U.S. Legislative (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, ) Strategy Systems Xcellence Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :SXC.), a leading provider of electronic transaction processing software for the healthcare information technology industry, announced today that it has signed a large add-on contract with Blue Cross and Blue Shield of South Carolina (Blue Cross). Under the terms of the agreement SX will provide an upgrade to the installed claims switch solution, requisite hardware and professional services. This new upgrade will enable Blue Cross to increase its processing capacity and to facilitate the integration of a new internal EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. gateway system. The solution being provided by Systems Xcellence will assist Blue Cross in its overall 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) legislative compliance transition. "We are very pleased with our strong ongoing relationship with Blue Cross and welcome the opportunity to work with them on this significant upgrade," states Gordon Glenn, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Systems Xcellence. "This is an important step for both companies as Blue Cross prepares for the changes required by the new legislation in the US and is consistent with our strategy of providing our customers with solutions and services that help them attain that readiness." "Proven solid support and a strong team approach has led us to build upon our relationship with Systems Xcellence and provided us with the confidence to work with SX as we implement our strategies for HIPAA compliance," said Joe Johnson Blue Cross' AVP of EDI and E-Commerce. Blue Cross and Blue Shield of South Carolina (www.SouthCarolinaBlues.com) is an independent licensee of the Blue Cross and Blue Shield Association
Systems Xcellence is headquartered in Milton, Ontario, and provides advanced online transaction processing See transaction processing and OLCP. solutions for the healthcare benefits management industry. The Company combines robust software products, business expertise, and services to deliver superior solutions to the ever-changing managed care sector. The Company's shares are traded on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol SXC. Systems Xcellence can be found on the Internet at http://www.systemsxcellence.com. |
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