Eldorado Launches 5-Year HEALTHpac Agreement as Coastal TPA Joins 80+ User Family - Insurance News | InsuranceNewsNet

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March 19, 2012 Newswires
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Eldorado Launches 5-Year HEALTHpac Agreement as Coastal TPA Joins 80+ User Family

Business Wire, Inc.

PHOENIX--(BUSINESS WIRE)-- Eldorado, a division of MphasiS, an HP company, and a leading provider of robust benefit administration solutions, announced today it now provides HEALTHpac ASP services to Coastal TPA, Inc., a full-service managed care organization with customers throughout California and the nation. With the recent execution of the five-year agreement, Coastal joins 80-plus HEALTHpac clients nationwide in using the trusted core payor platform.

“Coastal TPA, Inc. selected Eldorado based on their longevity in the healthcare payor market, their willingness to work with our current claims system vendor to ensure a smooth transition of claims data and, most importantly, their dedication to ensuring (pro-actively) that their claims system continues to meet the ever changing demands placed on the healthcare payor market by legislators and our clients,” said President/CEO of Coastal Management Services, Coastal TPA, Inc., Debi Hardwick.

“We are pleased that Coastal has chosen Eldorado as its technology partner,” said Executive Vice President of Business Development Sally Else. “HEALTHpac’s low-cost ownership and operation help clients such as Coastal deliver on their mission to provide affordable healthcare administration services while its powerful, flexible functionality ensure they are able to tailor those services to each client’s needs.”

Eldorado was recently awarded “Best Demonstration of Value/ROI” at the 2011 IT Healthcare Summit for its two payor solutions, HEALTHpac and Javelina—a modern, scalable, web-based payor platform backed by 30 years of experience and a billion dollar parent company. Both solutions are 5010 and ICD-10 compliant, ready to meet today’s healthcare demands, and prepared for tomorrow’s challenges.

About Eldorado

Based in Phoenix, Ariz., Eldorado, a division of MphasiS, an HP Company, specializes in health insurance application development, business process outsourcing services, information technology engineering and operational consulting. The company serves the full spectrum of organizations engaged in managing health benefit plans including third party administrators, health plans, employers and self-insured organizations. Together, Eldorado customers manage five million lives and handle 35 million claims annually. For more information, contact 602.604.3100 or visit www.eldoinc.com.

About MphasiS

MphasiS is a $1 billion global service provider, delivering technology based solutions to clients across the world. With currently over 38,000 employees, MphasiS services clients in Banking and Capital Markets, Insurance, Manufacturing, Communications, Media & Entertainment, Healthcare & Life Sciences, Transportation & Logistics, Retail & Consumer Packaged Goods, Energy & Utilities and Governments around the world. Our competency lies in our ability to offer integrated service offerings in Applications, Infrastructure Services and Business Process Outsourcing capabilities. We are uniquely positioned to offer our clients the highest level of expertise and competitive costs. To know more about MphasiS, log on to www.mphasis.com.

About Coastal TPA, Inc.

Established in 1961, Coastal specializes in the self-insured employer group arena delivering affordable and tailored healthcare solutions that include expert third-party claims administration, a proprietary regional PPO and access to local, state and national provider panels. Coastal continues to empower employers to take control of their benefits, offering a full scope of professional and independent health care administrative and management programs. For more information, visit www.coastalmgmt.com.

For ELDORADO
Sally Else, 602-604-3100
[email protected]
or
MphasiS Corporate CommunicationsDeepa Nagaraj, +91 98452 56283 (Mobile)
[email protected]

Source: Eldorado

Copyright:  Copyright Business Wire 2012
Wordcount:  513

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