FALLS CHURCH, Va., Oct. 7 /PRNewswire/ -- CSC today announced that the My Socrates subrogation and coordination of benefits (COB) revenue recovery and cost management solution is now available as part of CSC's FirstPortfolio hosted solution for health plans. My Socrates, developed by Socrates Inc., a SCIOinspire company, facilitates effective management of all aspects of a health plan's subrogation cycle.
FirstPortfolio provides users with a customizable collection of applications that are hosted and maintained by CSC. With My Socrates, FirstPortfolio clients have access to a solution that advances cost management and revenue recovery efforts through subrogation and COB solutions via a central repository.
"The Socrates Inc. subrogation solution is a welcome addition to CSC's FirstPortfolio service offering," said Deward Watts, president of CSC's Global Healthcare Sector. "By adding My Socrates to FirstPortfolio we are helping health plans manage all aspects of a comprehensive subrogation operation in order to recover the maximum amount of claims."
"We are delighted to team with CSC," says Krishna Kottapalli, co-founder and chief sales and marketing officer of SCIOinspire. "CSC is recognized across the country and around the world for providing tools and technology that allow healthcare customers to fulfill their mission and meet their strategic goals, while optimizing their resources."
FirstPortfolio allows health plans to add new functionality in a fraction of the time required for traditional implementations while reducing financial risk and decreasing capital expenditures. Additionally, health plans benefit from a single contract that includes pre-negotiated prices for applications available through FirstPortfolio and CSC's data center management services.
CSC's Global Healthcare Sector, which serves healthcare providers, health plans, pharmaceutical and medical device manufacturers, and allied industries around the world, is a global leader in transforming the healthcare industry through the effective use of information to improve healthcare outcomes, decision-making and operating efficiency.
About SCIOinspire
A premier provider of cost-management services for the health care community, SCIOinspire offers results-oriented analytics, care management support, revenue recovery and claims management outsourcing solutions. SCIOinspire draws upon an expert pool of clinical, actuarial, legal and analytical resources, complemented by technology and knowledge assets.
About CSC
CSC is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions & Services, Global Outsourcing Services and the North American Public Sector. CSC's advanced capabilities include systems design and integration, information technology and business process outsourcing, applications software development, Web and application hosting, mission support and management consulting. Headquartered in Falls Church, Va., CSC has approximately 90,000 employees and reported revenue of $17.1 billion for the 12 months ended July 4, 2008. For more information, visit the company's Web site at http://www.csc.com/.
Copyright 2008 PR Newswire. All Rights Reserved