Navigation Links
CareFirst Joins Partnership of Blues Plans as Owner of NASCO

Increases in Efficiency and Claims Processing Cost-Savings Expected

Baltimore, MD and Atlanta, GA (Vocus) August 5, 2009 -- CareFirst BlueCross BlueShield (CareFirst) today announced that it has received the required regulatory approvals for its investment as a full partner in National Account Service Company LLC (NASCO), joining the Blue Cross and Blue Shield Association, Blue Cross and Blue Shield of Michigan, Horizon Blue Cross and Blue Shield of New Jersey and WellPoint, Inc.

"One of the reasons we are interested in furthering our relationship with NASCO is the existing partnership of Blues plans," stated Chet Burrell, President and CEO of CareFirst. "It is through this unique, strategic partnership that we believe CareFirst can increase the efficiency of our claims processing function."

As part of its ownership, CareFirst has a seat on the NASCO Executive Committee, which serves as the governance board of the company. Burrell will serve as CareFirst's representative on the committee.

Beginning in July 2008, CareFirst has been consolidating its large group claims processing to the NASCO system. Once complete, NASCO will handle about 50 percent of CareFirst's overall membership. Large groups are defined as having 200 or more policyholders under an insurance plan.

"Having a voice at the NASCO table places CareFirst in a position of influence over how best to shape the direction of the company with our partners," said Burrell. "The ability to share technology, as well as intellectual and financial resources through NASCO is a significant advantage in an industry facing considerable change and a necessity to maximize the value of each dollar spent on the delivery of care."

NASCO has been providing health care claims and membership solutions for several Blue Cross and Blue Shield plans for over 20 years, and its single shared-system allows Blues plans to eliminate redundancy and leverage the costs of development and maintenance. NASCO's system is built to handle large volumes and complex business, which is essential to CareFirst. NASCO will handle claims processing for nearly 500,000 large group contracts for CareFirst by January 2010.

NASCO is committed to maximizing customer performance and lowering operational costs through its unique shared-system environment and consistently high performance. With the ability to automatically adjudicate high percentages of all claims processed, NASCO allows its customers to achieve greater overall efficiency and maximize their operational performance.

"CareFirst's decision to become an owner of NASCO further demonstrates the growing strength of NASCO's value proposition to Blue Cross and Blue Shield plans," said John Ladaga, President and CEO of NASCO. "Our solutions leverage true economies of scale, which is resonating with CEOs and CIOs across Blue Cross and Blue Shield plans. As Plans face economic challenges never before experienced, they are turning to proven, scalable and affordable solutions like ours."

About CareFirst
In its 72nd year of service, CareFirst, an independent licensee of the Blue Cross and Blue Shield Association, is a not-for-profit health care organization which, through its affiliates and subsidiaries, offers a comprehensive portfolio of health insurance products and administrative services to nearly 3.4 million individuals in Maryland, the District of Columbia and Northern Virginia. Through its CareFirst Commitment initiative and other public mission activities, CareFirst supports efforts to increase the accessibility, affordability, safety and quality of health care throughout its market areas.

NASCO got its start in Atlanta over 20 years ago when it partnered with several Blue Cross® and Blue Shield® Plans and the Blue Cross and Blue Shield Association to introduce an integrated membership and claims processing system for national accounts. Today, NASCO's capabilities extend to include support for individual, local and government business while its multitude of performance-based services help its Plan customers improve their operational efficiencies and reduce costs. Having processed over 1 billion claims, the NASCO Processing System is unsurpassed in the market for reliability, flexibility, scalability and operational performance. For more information, visit

Media Contacts:
Michael Sullivan
Director, Media Relations
CareFirst BlueCross BlueShield

Bob Meier
Director, Marketing and Communications

To learn more about CareFirst BlueCross BlueShield, visit:

# # #

Read the full story at

Source: PRWeb
Copyright©2009 Vocus, Inc.
All rights reserved

Related medicine news :

1. MinuteClinic Becomes Participating Provider in All CareFirst BlueCross BlueShield Plans
2. National Award Recognizes Delmarva Foundation and CareFirst BlueCross BlueShield Quality Improvement Efforts
3. Memorial Blood Centers Joins Extreme Makeover: Home Edition As Designated Charity
4. FileTrail Joins With Lexmark To Offer End-to-End RFID-Enabled Item Management, Tracking, and Printing Solutions
5. Dr. Liza Solomon, HIV/AIDS Expert, Joins Abt Associates as Principal Associate in Companys Domestic Health Division
6. Andrew Allen joins Navvis & Company
7. Demi Lovato Joins National Bullying Prevention Movement
8. Omaha School of Massage Therapy Adds Healthcare Programs, Joins Herzing University, and Changes Name
9. Professor Bruce Beutler Joins aTyr Pharmas Scientific Advisory Board
10. F. Duwaine Townsen Joins SpectraScience Board of Directors
11. Mayor Menino Joins The Salvation Army to Celebrate the Groundbreaking of the Kroc Community Center
Post Your Comments:
(Date:12/1/2015)... ... December 01, 2015 , ... ... and hematology continuing medical education (CME), today announced that the first annual School ... New York. , “The prevention, detection and treatment of gastrointestinal cancers are undergoing ...
(Date:12/1/2015)... , ... December 01, 2015 , ... Growth in medical ... due to decreases in utilization of hospital and nonhospital care, according to a recent ... Medical Benchmarks for Louisiana, 16th Edition , found medical payments per claim with more ...
(Date:12/1/2015)... ... December 01, 2015 , ... ... images have been lifted as IMAGE Information Systems launches MED-TAB™ -- the world’s ... America Annual Meeting from November 29 to December 4, 2015. , MED-TAB ...
(Date:12/1/2015)... ... December 01, 2015 , ... ... Inc. (“Visage”), a wholly owned subsidiary of Pro Medicus Ltd. (ASX: PME), has ... the Radiological Society of North America (RSNA) 2015 annual meeting through December 3 ...
(Date:12/1/2015)... (PRWEB) , ... December 01, 2015 , ... ... clinical solutions for the care management and population health arenas, is pleased to ... clinical and cost containment services, has successfully implemented the ACUITY Complete Care™ Management ...
Breaking Medicine News(10 mins):
(Date:12/1/2015)... , Dec. 2, 2015  A combination of detailed ... the first time in the surgical planning for separation of ... annual meeting of the Radiological Society of North ... --> Conjoined twins, or twins whose bodies are connected, ... rates are low and separating them through surgery is extremely ...
(Date:12/1/2015)... , Dec. 1, 2015  A large study ... drug tamoxifen while taking an antidepressant found no increased ... today in The Journal of the National Cancer Institute. ... Tamoxifen is a commonly prescribed generic drug taken by ... developing a recurrence. Tamoxifen is recommended for five years, ...
(Date:12/1/2015)... Wash. and VANCOUVER , ... Committee (DMC) meeting, OncoGenex Pharmaceuticals, Inc. (NASDAQ: OGXI ... is continuing based on the pre-planned interim futility analysis ... review, no new safety issues were identified by the ... all analyses and final results are expected in the ...
Breaking Medicine Technology: