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January 26, 2006
New Business
Triad Hospitals, Inc., Perot Systems Corporation and McKesson Corporation announced a $1.3 billion healthcare information technology initiative to support Triad's clinical excellence and business transformation programs. Perot Systems will support the transformation initiative with an IT outsourcing agreement across all Triad facilities, including Triad's corporate office. The 10 year agreement, with an expected total contract value of $1.2 billion, is highlighted by the implementation of a suite of standardized clinical, financial and enterprise resource planning (ERP) applications. The Everest Group's healthcare practice assisted Triad in several aspects of this landmark agreement, from transaction structure to supplier selection and negotiations.
Pan-American Life Insurance has signed an information technology (IT) outsourcing agreement with CSC to support its U.S. and Latin American operations. CSC estimates the value of the 7.5-year contract to be approximately $27 million.
Affiliated Computer Services, Inc. has been awarded a business process outsourcing (BPO) contract to process student loans with KeyBank National Association. KeyBank is one of the nation's largest bank- based financial services companies and the seventh-largest education lender in the United States.
Posted by jbowles at January 26, 2006 04:41 PM
