Navigation Links
Thelen Instrumental in Closing $1 Billion Outsourcing Deal for Client Harvard Pilgrim Health Care

Contract with Perot Systems to Produce $150 million of Administrative Cost


NEW YORK, April 25 /PRNewswire/ -- Thelen Reid Brown Raysman & Steiner LLP has assisted long-time client Harvard Pilgrim Health Care in negotiating a $1 billion contract extension with Texas-based Perot Systems Corporation for IT and Business Process Services.


Under the new contract, Harvard Pilgrim will realize approximately $150 million in administrative cost savings over the life of the agreement through the consolidation and leveraging of its technology, administrative functions and redesign of administrative operations. Perot Systems will operate and support Harvard Pilgrim's information technology infrastructure, business applications and administrative business operations.

Representing Harvard Pilgrim in the deal was Thelen partner Kenneth Adler, Chair of the firm's Outsourcing Group and an authority on complex global and domestic outsourcing transactions. Mr. Adler was assisted in the deal by Thelen partner Steve Semerdjian, who also concentrates on complex outsourcing and IT matters. The Thelen team worked closely with the legal team from Harvard Pilgrim, led by General Counsel Laura Peabody, to create an agreement that is closely aligned with Harvard Pilgrim's business goals, including long term operations and IT strategies.

Harvard Pilgrim CEO Charles Baker praised Mr. Adler's handling of the deal. "Ken was a key adjunct to HPHC's team and instrumental in steering us through this unique and complex transaction," Mr. Baker said. Harvard Pilgrim General Counsel Laura Peabody agreed, "Ken has an acute knowledge of the outsourcing industry and current trends. He has the unique ability to navigate through the business and legal issues to focus on the key items and assist structuring a winning business solution."

Mr. Adler said, "the size, scope and mission critical nature of the deal to Harvard Pilgrim required an agreement that would address Harvard Pilgrim's current and long term business needs. This deal does accomplishes that based on the hard work of Harvard Pilgrim team and Perot Systems' desire to address Harvard Pilgrim's outsourcing goals." As to working with Harvard Pilgrim, Mr. Adler said, " I have enjoyed an ongoing relationship with Harvard Pilgrim and am pleased that Harvard Pilgrim turned to us to assist on this critical agreement that addresses HPHC's core business." Harvard Pilgrim is a not-for-profit health plan that provides a variety of health benefit options and funding arrangements to more than 1 million members in Massachusetts, New Hampshire and Maine.

About Thelen

Thelen is an international law firm with approximately 550 attorneys and is widely known for its premier practices in the areas of Outsourcing; Technology, Media, and Communications; Construction; Corporate/Finance; Energy; and Complex Litigation. Other premier practice areas of the firm include Real Estate, Labor and Employment, Intellectual Property, Bankruptcy,

Domestic and International Tax, and Employee Benefits.

SOURCE Thelen Reid Brown Raysman & Steiner LLP
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Thelen Assists The Doctors Company in Acquisition of SCPIE Holdings Inc.
2. MSAs John Ryan III and Bill Lambert to Ring Closing Bell at New York Stock Exchange on Tuesday
3. Andover Medical, Inc. Anticipates Closing $2.0 Million Private Financing
4. Cogdell Spencer Inc. Announces the Closing of the Marshall Erdman and Associates Merger
5. Nerites Corporation Announces Closing of Series A Funding Round
6. Echo Therapeutics Announces Closing of Approximately $2.3 Million Private Financing
7. IPC The Hospitalist Company, Inc. Announces Closing of IPO and Exercise of Underwriters Over-Allotment Option
8. Sutter Admits: Closing St. Lukes Likely to Reduce Charity Care
9. ForSight Labs, LLC Announces Formation of Its Third Company, ForSight VISION3, Inc. and Closing of $6 Million in Series A Funding
10. Neurocrine Announces Closing of $109 Million Sale and Leaseback Agreement for its Real Estate Assets
11. Inverness Medical Innovations Announces Closing of Public Offering
Post Your Comments:
(Date:6/26/2016)... ... June 26, 2016 , ... On June 10-11, 2016, A Forever Recovery, a ... and World’s Longest Breakfast Table in Battle Creek, MI, where the rehabilitation facility is ... to some of the world’s leading providers of cereal and other breakfast foods. Its ...
(Date:6/26/2016)... ... June 26, 2016 , ... ... have been diagnosed with endometriosis. These women need a treatment plan to not ... comprehensive approach that can help for preservation of fertility and ultimately achieving a ...
(Date:6/25/2016)... ... ... "With 30 hand-drawn hand gesture animations, FCPX users can easily customize each ... Film Studios. , ProHand Cartoon’s package transforms over 1,300 hand-drawn pictures into hand ... select a ProHand generator and drag it above media or text in the Final ...
(Date:6/25/2016)... ... June 25, 2016 , ... On Friday, June 10, Van Mitchell, Secretary ... Work award to iHire in recognition of their exemplary accomplishments in worksite health promotion. ... Maryland Workplace Health & Wellness Symposium at the BWI Marriott in Linthicum Heights. iHire ...
(Date:6/24/2016)... ... June 24, 2016 , ... June 19, 2016 is World Sickle Cell ... pain and the benefits of holistic treatments, Serenity Recovery Center of Marne, ... Cell Disease. , Sickle Cell Disease (SCD) is a disorder of the red blood ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... Roche (SIX: RO, ROG; OTCQX: RHHBY) announced that it ... (procalcitonin) assay as a dedicated testing solution for people ... Roche is the first IVD company in the U.S ... assessment and management. PCT is a sepsis-specific ... blood can aid clinicians in assessing the risk of ...
(Date:6/23/2016)... , , , WHEN: ... , , , , LOCATION: , , , Online, with ... , EXPERT PANELISTS:  , , , Frost & Sullivan,s Global Vice ... Senior Industry Analyst, Divyaa Ravishankar and Unmesh Lal, Program Manager , ... industry is witnessing an exceptional era. Several new demand spaces, such ...
(Date:6/23/2016)... 2016 The vast majority of dialysis patients ... Treatments are usually 3 times a week, with treatment ... travel time, equipment preparation and wait time.  This regimen ... for patients who are elderly and frail.  Many elderly ... rehabilitation centers for some duration of time. ...
Breaking Medicine Technology: