EDS Signs Business Transformation Agreement with Delta Dental of California
Agreement Will Help Delta Dental of California Achieve Cost Savings and Growth Objectives
20 Mar 2006, PLANO, Texas and SAN FRANCISCO – EDS today announced an agreement with Delta Dental of California, one of the nation’s largest dental health plans, to implement EDS’ MetaVance Administration and Finance System and support the company’s enterprise transformation. Financial details were not disclosed.
This agreement will allow Delta Dental of California and its affiliates in 16 states plus the District of Columbia to increase operational efficiencies, focus on growth opportunities, reduce costs and ultimately improve service to its more than 21 million enrollees. Delta Dental of California represents EDS’ largest MetaVance client in terms of covered lives and its first dental-specific payer.
“The competitive marketplace combined with our strategic business goals prompted us to examine our business processes and supporting IT systems,” said Patrick Steele, chief information officer and executive vice president for Delta Dental of California and its larger holding company system. “The solutions provided by EDS will give us greater flexibility in claims processing and enable us to execute an enterprise-wide transformation.”
In addition to implementing the MetaVance solution, EDS will work with Delta Dental of California to standardize its business processes and supporting IT systems.
“EDS’ goal is to help Delta Dental become a more agile enterprise enabling it to meet and exceed its business objectives now and in the future,” said Mark Roman, EDS Healthcare Industry global leader. “Our wide-ranging experience in business and technology transformation combined with the implementation of MetaVance, a leading healthcare claims platform, will help Delta Dental reduce costs and focus on its strategic growth objectives.”
MetaVance is a highly scalable system designed to automate core administrative processes such as enrollment, member eligibility and claims processing. MetaVance’s member-centric data model uses advanced technology and user-defined rules to increase efficiency, reduce costs, minimize conversion risks and improve time to market for new products.
EDS provides services to more than 250 healthcare clients in 20 countries and processes more than one billion claims annually.
About Delta Dental of California
Delta Dental of California is one of the nation’s largest dental health plans, and is part of a larger holding company system that covers more than 21 million enrollees throughout the nation. The company is also a member of the national Delta Dental Plans Association, whose member companies collectively cover more than 46 million people nationwide. For more information about Delta Dental, visit www.deltadentalca.org.
The statements in this news release that are not historical statements, including statements regarding the amount of new contract values, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond EDS’ control, which could cause actual results to differ materially from such statements. For information concerning these risks and uncertainties, see EDS’ most recent Form 10-Q. EDS disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
EDS is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry more than 40 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world. Learn more at eds.com.
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