Corporate Updates

Computer Sciences Corp forms healthcare unit

Computer Sciences Corp. has launched a new business unit dedicated to healthcare. CSC’s Healthcare Sector will focus on the information and service needs of healthcare providers, health plans, pharmaceutical and medical device manufacturers and allied industries globally. Deward Watts, who has been with CSC for 12 years, will serve as president of the new unit. He previously worked for CSC’s Americas Healthcare practice as vice president and managing partner. “Organizing CSC’s global healthcare resources into a single vertical organization better positions CSC to help our clients use information to transform healthcare,” said Watts. “Our main focus will be delivering IT-based innovation that improves patient outcomes and the decision making of providers, payers and life sciences organizations. ” The Healthcare Sector will leverage core intellectual property to help clients innovate new or enhanced clinical and business processes, including processes related to supply chain management, revenue cycle management, claims processing, document management and clinical trial management, CSC officials said. In addition, application management services and business process outsourcing are supported by CSC’s healthcare centers in Bangalore and Chennai, India. The company said the new unit will be bolstered by CSC’s acquisition last year of First Consulting Group, a healthcare IT consulting company, and also by the acquisition of Covansys, which adds offshore domain expertise and an additional market channel. CSC Chairman, President and CEO Michael W. Laphen said the new unit fits into CSC’s growth strategy, called Project Accelerate. “The Healthcare Sector targets a key market for Project Accelerate’s success,” he said. “The new business unit places CSC’s commercial healthcare business under common leadership and allows for closer coordination between the public sector and commercial healthcare practices. ” CSC has about 91,000 employees. The company reported revenue of US$ 16.1 billion for the 12 months ended Dec. 28, 2007.

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