NEWS RELEASE
StrataCare Forms Alliance with CSC for Self-Insured Workers’ Compensation Market
CSC’s RISKMASTER Software Suite Now Offers National Bill Review Capabilities
January 25, 2010 – Irvine, CA -
StrataCare, LLC a national provider of workers’ compensation bill review software and services, announces a joint marketing and technical alliance with CSC (NYSE:CSC). Under the terms of the agreement, CSC will integrate StrataCare’s medical bill review solution with RISKMASTER®, its comprehensive software suite, to help self-insured organizations, insurance pools and third-party administrators more efficiently and effectively manage claims and policy administration, legal matters and risk management processes.
CSC will offer its clients real-time access to StrataCare’s medical bill review software and/or services integrated with CSC’s RISKMASTER software suite. The addition of StrataWare® to the RISKMASTER suite will improve bill review savings and provide access to 27 national and regional Preferred Provider Organizations (PPO) networks.
“The collaboration has worked well due to StrataCare’s ability to interface easily with other applications,” said StrataCare’s Chief Executive Officer, Scott Green. “StrataCare’s products are built on Microsoft’s .NET Framework which makes it possible for CSC to integrate with our state-of-the-art bill review solution quickly and easily.”
“Adding StrataCare’s bill review capabilities to our RISKMASTER product suite enables us to offer more functionality to our clients to help them efficiently review and process bills,” said Jeffrey Ninowski, product manager in CSC’s Property and Casualty Insurance Division. “Working with StrataCare supports our long-term product strategy of aligning with solution providers to complement and extend the value of the RISKMASTER suite. The result is a single system for administering all aspects of a policy and managing claims, including incident and legal matter management.”
For more information on CSC’s RISKMASTER, visit www.csc.com/riskmaster.
About StrataCare
Founded in 1998, StrataCare, LLC provides comprehensive Internet-based national bill review software, workflow and outsource solutions to the workers’ compensation payer community. StrataCare’s innovative solutions saved over two billion dollars in workers’ compensation costs in 2008 for some of the industry’s top insurance companies, third party administrators, managed care companies, and self-insured employers. StrataCare’s service division, CareSolutions®, offers electronic and mail-in bill review services nationwide. For more information, visit www.stratacare.comor call 800-819-6711.
About CSC
CSC is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions and Services, the Managed Services Sector and the North American Public Sector. CSC’s advanced capabilities include system 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 92,000 employees and reported revenue of $16.0 billion for the 12 months ended October 2, 2009. For more information, visit the company’s Web site at www.csc.com.
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Media Contact:
Bob McCaffrey
Chief Sales and Accounts Officer
StrataCare
949-794-6487
bmccaffrey@stratacare.com
Marian Kelley
Director, Media and Analyst Relations
Financial Services Group
CSC
512-275-5722
mkelley3@csc.com
