July 15, 2005

Tēla Sourcing Signs Strategic Business Relationship with a Start-up Affiliated to a Leading Healthcare Solutions Provider to the TPA Industry.

BALTIMORE and Pune — Tēla Sourcing announced today that it has signed a business partnership agreement with a start-up that seeks to provide cost-effective and efficient offshore outsourcing solutions in partnership with a leading TPA solution provider: the solution provider's family of products supports multiple lines of business within a single information system: Health, Indemnity, TPA, PPO, HMO, PHO, IPA, MSO, Group Administration, COBRA, Section 125-integrated flex benefits and workers' compensation with integrated managed care for 24 hour coverage. The partnership will focus on providing expert solutions on all key components of client business:

•  Claims and encounter processing

•  Managed care administration

•  Workers' Compensation Administration

•  Policy/Benefit Administration with support for eligibility, billing, collections and commissions

The business partnership agreement plans for (1) offering a very cost-effective and efficient offshore claims processing service to clients and (2) 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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