DALLAS, Aug. 15 /PRNewswire-FirstCall/ -- Affiliated Computer Services, Inc. , a premier provider of business process and information technology outsourcing solutions, announced today that it has been awarded a five-year electronic data interchange (EDI) transaction and front-end support services contract with TMG Health, Inc. TMG is the national leader in providing outsourced Medicare, Medicaid, and other business process outsourcing (BPO) services.
Under the terms of the agreement, ACS will provide solutions supporting several front-end processes for both paper and electronic receipt of claims documents for TMG’s growing BPO business for Medicare, Medicaid and other government healthcare programs. ACS will support TMG through a joint effort of its Commercial and Government Healthcare Solutions groups, delivering EDI services via state EDI clearinghouses.
“With ACS, TMG gains scalability and access to technology such as workflow, imaging, and clearinghouse services,” said Ken Mayes, Chief Financial Officer, TMG. “Our business is growing rapidly, and ACS will enable us with highly automated features including remote image retrieval and nationwide EDI functions.” Jack Tighe, TMG’s CEO added, “ACS enhances our ability to provide low-cost, high-quality delivery of Medicare and Medicaid services to health plans. ACS offers us an outstanding reputation, speed of implementation, completeness of vision, and state-of-the-art technology.”
“This contract brings together two leaders in their respective healthcare fields -- TMG in managed Medicare and Medicaid BPO services, and ACS in claims and transaction processing,” said Lynn Blodgett, Group President of ACS Commercial Solutions. “ACS will deliver not only paper transaction support, but a complete front-end solution for TMG. Our ability to bring another dimension of capability, scalability, advanced technology, efficiency, and experience is why ACS is a leader in the BPO market.”
TMG Health is a privately held corporation located in suburban Philadelphia with an operations center in northeastern Pennsylvania. TMG offers BPO services to the Medicare, Medicaid, and retiree health plan market and provides operational outsourcing solutions and information systems for health plans, providers, and insurers. For more information, visit www.tmghealth.com .
ACS, a FORTUNE 500 company with more than 50,000 people supporting client operations in nearly 100 countries, provides business process and information technology outsourcing solutions to world-class commercial and government clients. The company’s Class A common stock trades on the New York Stock Exchange under the symbol “ACS”. ACS makes technology work. Visit ACS on the Internet at www.acs-inc.com .
The statements in this news release that do not directly relate to historical facts constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company’s control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company’s prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.
ACS, Inc.
CONTACT: investor relations, Warren Edwards, Executive Vice President-Chief Financial Officer, +1-214-841-8082, or warren.edwards@acs-inc.com ,or media, Lesley Pool, Senior Vice President-Chief Marketing Officer,+1-214-841-8028, or lesley.pool@acs-inc.com , both of Affiliated ComputerServices, Inc.