Warehouse Will Initially Store Records for More Than 20 Million Lives
EL SEGUNDO, Calif., Sept. 27- Computer Sciences Corporation (NYSE: CSC) announced today that it has signed a three-year, multimillion dollar agreement to develop the Care Focused Purchasing data warehouse for Care Focused Purchasing Inc. (CFP), a collaborative effort of more than 50 employers and seven national and regional health insurance carriers. These organizations are united in the belief that a key part of the solution to America's healthcare crisis lies in higher quality and more efficient medical care. Among the participating employers are The Boeing Company, CSC, Hannaford Bros. Co., Lowe's Corporation, Nextel, Northrop Grumman, Penske Truck Leasing, Smiths Group Americas LLC and Sprint.
Under the terms of this initial agreement, CSC is designing, developing, deploying and hosting the warehouse. This initiative will enable the participating employers and carriers, including Aetna, Fiserv Health, Humana, and Regence BlueShield to capture and access data derived from patient care to measure physician and hospital efficiency and quality. The data, which does not include patient names, personal identification information or financial information, will be aggregated using both commercial and proprietary tools. The warehouse will initially store information on more than 20 million people nationwide.
"The Care Focused Purchasing data warehouse will enable an objective assessment of the quality and efficiency of hospitals and physicians, which will empower purchasers and consumers," said Carl Mankowitz, M.D., a partner in CSC's Global Health Solutions practice. "We look forward to teaming with CFP in this effort, which will fundamentally change and improve healthcare delivery in this country."
CSC's Global Health Solutions practice is globally organized to serve all aspects of the healthcare industry - provider, payor and supplier (pharmaceutical, biotech and distributors) - in both the commercial and public health sectors. Through a broad range of capabilities, CSC offers consulting and outsourcing solutions that simplify the administrative process; provide customized and accessible patient information to create loyal consumers; improve research productivity and speed to market on new discoveries; and improve clinical outcomes.
About Care Focused Purchasing, Inc.
CFP was created after an initial meeting of interested employers facilitated by Mercer Health & Benefits LLC in May 2003. The group was legally incorporated as a nonprofit 501(c) corporation in July 2005.
CFP is supported by contributions from employer members and carrier partners. For more information, contact the Governance Committee at CFPGovernanceCommittee@mercer.com.
Founded in 1959, Computer Sciences Corporation is a leading global information technology (IT) services company. CSC's mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology.
With approximately 78,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in El Segundo, Calif., CSC reported revenue of $14.6 billion for the 12 months ended June 30, 2006. For more information, visit the company's Web site at www.csc.com.
Manager, Media Relations
Manager, Media Relations