| July 10, 2005
Tēla
Sourcing Signs Strategic Business Relationship with a leading Payer & TPA Solution Provider in Florida.
BALTIMORE and Pune — Tēla Sourcing announced today that it has signed a business partnership agreement with a leading healthcare solutions provider: an international leader in providing employee benefits, managed care, workers' compensation, claims editing software, databases and professional service solutions. The market focus encompasses TPAs, MCOs, PPOs, HMOs, IPAs, PHOs, METs, insurance companies, government entities, hospitals, associations and self-insured corporations.
The business partnership agreement plans for offering a very cost-effective and efficient offshore claims processing service to 160+ clients with an estimated 100 million lives under management. The partnership provides for offering a trained and certified resource located offshore that can seamlessly provide claims processing solutions using remote access tools that will tremendously help clients in lowering their cost of operations and improving the bottom line.
Tēla delivers a combination of price-based claims processing functions and comprehensive value-added business process outsourcing (BPO) services tailored to a customer's unique needs. Unlike most other offshore BPO vendors, Tēla offers end-to-end offshore BPO services through its operations center in Pune, India combined with significant onshore delivery capabilities in Washington State, along with a U.S.-based account management team.
About Tēla Sourcing Inc.
Tēla's mission is to offer innovative and superior services in the emerging healthcare market by leveraging offshore business process outsourcing and information technology. Named for the Latin word for "web," Tēla weaves together both offshore and value-added onshore solutions while offering customers a single point of accountability with a U.S.-based account team. Tēla Sourcing Inc. is headquartered in Baltimore, MD. More information on Tēla is available at www.tela-usa.com .
CONTACTS:
Tilak Sharma
Tēla Sourcing Inc.
phone: 410-230 3999
e-mail: tsharma@tela-usa.com
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