Comprehensive Outsourcing Services Help Health Plan Improve Efficiency,
Reduce Administrative Costs and Focus on Business Growth
BIRMINGHAM, Ala., June 16 /PRNewswire-FirstCall/ -- DST Health Solutions today announced that Colorado Access has extended its agreement for business process outsourcing (BPO) services, including claims payment and front-end processing. This comprehensive BPO agreement provides Colorado Access with efficient administration of all lines of business, including their Medicare Advantage products.
"Business process outsourcing enabled us to tap the bench strength of DST Health Solutions for operational improvement," said Marshall Thomas, M.D., president, chief executive officer and chief medical officer of Colorado Access. "This allowed us to focus on strategy, and add two new lines of business."
DST Health Solutions provides Colorado Access with complete BPO
-- Mailroom and claims document intake
-- Claims adjudication, resolution and workflow support
-- Membership enrollment processing
-- File submission operations with Centers for Medicare and Medicaid
-- System configuration, including provider, contract and fee schedule
"Our industry-leading claims outsourcing services help health plans like Colorado Access reduce transaction costs and concentrate on their core competencies," said Steve Sabino, president of DST Health Solutions.
About DST Health Solutions
DST Health Solutions delivers solutions and business process outsourcing services that improve efficiency, reduce operational costs, increase speed to market and improve customer service for health plans, consumer-directed plans, government plans (Medicare Advantage/Part D and Medicaid) and physician practices. DST Health Solutions' enterprise applications, and ASP and BPO services support 390 healthcare clients, representing more than 38 million covered lives, 360 million health plan claims, 35 million physician business transactions and 700,000 consumer-directed members annually. For more information about DST Health Solutions, contact 800.272.4799 or firstname.lastname@example.org or visit http://www.dsthealthsolutions.com.
About Colorado Access
Colorado Access is a non-profit health plan that has been serving Colorado since 1995. The company's lines of business include Colorado Access Advantage (Medicare), Child Health Plan Plus (Colorado Access CHP+HMO health plan) and Access Behavioral Care (Denver County Behavioral Health Organization). Colorado Access is sponsored by The Children's Hospital, Colorado Community Managed Care Network and University of Colorado Hospital/University Physicians, Inc. More information is available at http://www.coaccess.com.
The information and comments above may include forward-looking statements respecting DST and its businesses. Such information and comments are based on DST's views as of today, and actual actions or results could differ. There could be a number of factors affecting future actions or results, including those set forth in DST's latest periodic financial report (Form 10-K or 10-Q) filed with the Securities and Exchange Commission. All such factors should be considered in evaluating any forward-looking comment. The Company will not update any forward-looking statements in this press release to reflect future events.
|SOURCE DST Health Solutions|
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