EDS has signed a five-year agreement to be the exclusive electronic data interchange transaction processing provider for EDI-USA, the only nationwide electronic network sponsored by the Blue Cross Blue Shield Association.
By implementing EDS’ Electronic Commerce Management System (ECMS), EDI-USA will assemble the right combination of technology, customer service and support to accelerate business growth and expand new business opportunities. In addition, the collaboration will allow EDI-USA to leverage EDS’ advanced technology to provide additional electronic commerce services, and improve its ability to help customers with such issues as Health Insurance Portability and Accountability Act (HIPAA) and Year 2000 compliance.
Terrence D. Arndt, Chief Executive Officer EDI-USA stated, “We are extremely pleased to be working with EDS. We are focused on delivering value and quality to our customers and EDS’ proven track record in the information technology and health care industries will help us to create and sustain a competitive advantage.”
EDS is a recognized leader in electronic commerce with more than 35 years of experience in the health care industry. The pact with EDI-USA enables EDS to augment connections with commercial payers and Blue Cross Blue Shield health plans. The relationship also allows EDS to leverage ECMS, its advanced and proven transaction processing platform.
“Increasing EDS’ presence in the health care electronic commerce arena is a major strategic goal. This agreement with EDI-USA will extend EDS’ already significant number of connections throughout the health care industry, moving us closer to a pervasive electronic commerce service that creates greater efficiency in financial, administrative and clinical transactions for our customers,” states Jeff Kelly, President, EDS Health Care Strategic Business Unit.
EDI-USA, Inc., a Stamford, Conn.-based company, offers electronic claim submission, electronic remittance advice, electronic funds transfer (EFT), and interactive eligibility verification. In 1993, the Blue Cross Blue Shield Association contracted with EDI-USA to build and operate a national electronic gateway for Blue Cross and Blue Shield Plans and their providers, creating a single interface to commercial payers and other managed care organizations. Today, EDI-USA contracts with 95 percent of the nation’s Blue Cross and Blue Shield Plans and more than 500 other payer organizations.
EDS, the official information technology services provider for World Cup 1998, is a leader in the global information services industry. The company’s approximately 100,000 employees specialize in applying a range of ideas and technologies to help business and government customers improve their economics, products, services and relationships. EDS, which serves customers in 42 countries, reported revenues of $14.4 billion in 1996. The company is independent and publicly owned, and its stock is traded on the New York Stock Exchange and the London Stock Exchange under the symbol EDS. EDS can be visited via the Internet at .Details