ROCKVILLE, Maryland, June 13, 2013 /CNW/ - CareFirst BlueCross BlueShield (CareFirst) has selected Infosys Public Services, a U.S.-based subsidiary of Infosys, a leader in business consulting and technology, to support its IT
operations and provide application development and other support
services as a part of a new managed services contract.
(Logo: http://photos.prnewswire.com/prnh/20130122/589162 )
Infosys Public Services will support CareFirst's IT area to help create
a cost-effective delivery model. Through its agreement with Infosys
Public Services, CareFirst aims to reduce costs and achieve
efficiencies in application support during the three-year contract
Infosys Public Services has supported CareFirst with a range of
application development and testing services since 2010.This transition
to managed services extends the relationship and will help ensure
consistent IT support.
Infosys Public Services will setup a secure facility within its newly established delivery center in Rockville, Maryland to service the contract.
The agreement will allow CareFirst to consolidate IT support services
currently managed by multiple vendors.
Infosys Public Services will support business areas across CareFirst
with the goal of managing anticipated capacity growth and increasing
the ability of the IT organization to implement new business
requirements and projects faster.
Harry D. Fox, CareFirst Senior Vice President, Technical and Operational
"The IT demands on CareFirst and on the health care sector as a whole
are growing in scope and complexity. This move to managed services will
help us better meet consumer, provider and market needs as the health
care industry evolves and shift CareFirst associates to key strategic
Eric Paternoster, CEO, Infosys Public Services:
"Our deep experience in the health care industry and globally
benchmarked service delivery processes will assist CareFirst with IT
support services to continue providing more affordable,
patient-centered health care."
Read our Rockville headquarters opening announcement.
Read about Infosys Public Services Healthcare Insights.
In its 76th year of service, CareFirst, an independent licensee of the
Blue Cross and Blue Shield Association, is a not-for-profit health care
company which, through its affiliates and subsidiaries, offers a
comprehensive portfolio of health insurance products and administrative
services to 3.4 million individuals and groups in Maryland, the
District of Columbia and Northern Virginia. In 2012, CareFirst
contributed $57 million to community programs designed to increase the accessibility, affordability, safety
and quality of health care throughout its market areas. To learn more
about CareFirst BlueCross BlueShield, visit our website at http://www.carefirst.com or follow us on Twitter: http://twitter.com/CareFirst_News.
About Infosys Public Services
Infosys Public Services, a U.S. based subsidiary of Infosys (NYSE: INFY),
is a leader in business consulting and technology solutions. We
partner with healthcare and public sector organizations to help them
stay ahead of the innovation curve. Our solutions, combined with
execution excellence and proven best practices, allow clients to
optimize their operations today while building tomorrow's enterprise.
Visit http://www.infosyspublicservices.com to learn more.
Infosys is a global leader in business consulting and technology solutions. As
a proven partner focused on building tomorrow's enterprise, Infosys
enables clients in more than 30 countries to outperform the competition
and stay ahead of the innovation curve.
Ranked in the top tier of Forbes' 100 most innovative companies, Infosys
- with $7B in annual revenues and 150,000+ employees - provides
enterprises with strategic insights on what lies ahead. We help
enterprises transform and thrive in a changing world through strategic
consulting, operational leadership and the co-creation of breakthrough
solutions, including those in mobility, sustainability, big data and
Visit http://www.infosys.com to see how Infosys (NYSE: INFY) is Building Tomorrow's Enterprise®
Certain statements in this release concerning our future growth
prospects are forward-looking statements, which involve a number of
risks and uncertainties that could cause actual results to differ
materially from those in such forward-looking statements. The risks and
uncertainties relating to these statements include, but are not limited
to, risks and uncertainties regarding fluctuations in earnings,
fluctuations in foreign exchange rates, our ability to manage growth,
intense competition in IT services including those factors which may
affect our cost advantage, wage increases in India, our ability to
attract and retain highly skilled professionals, time and cost overruns
on fixed-price, fixed-time frame contracts, client concentration,
restrictions on immigration, industry segment concentration, our
ability to manage our international operations, reduced demand for
technology in our key focus areas, disruptions in telecommunication
networks or system failures, our ability to successfully complete and
integrate potential acquisitions, liability for damages on our service
contracts, the success of the companies in which Infosys has made
strategic investments, withdrawal or expiration of governmental fiscal
incentives, political instability and regional conflicts, legal
restrictions on raising capital or acquiring companies outside India,
and unauthorized use of our intellectual property and general economic
conditions affecting our industry. Additional risks that could affect
our future operating results are more fully described in our United
States Securities and Exchange Commission filings including our Annual
Report on Form 20-F for the fiscal year ended March 31, 2013 and on
Form 6-K for the quarters ended June 30, 2012, September 30, 2012 and
December 31, 2012. These filings are available at http://www.sec.gov. Infosys may, from time to time, make additional written and oral
forward-looking statements, including statements contained in the
company's filings with the Securities and Exchange Commission and our
reports to shareholders. The company does not undertake to update any
forward-looking statements that may be made from time to time by or on
behalf of the company unless required by law.
For further information:
Infosys Public Relations
GolinHarris - Washington DC
Abhijith Karthikeya D
Paul De Lara