October 21, 2005

Tēla Sourcing Signs A Long Term Contract with a Large TPA in Northeast Region to Provide Claims Processing Services

BALTIMORE and Pune — Tēla Sourcing announced today that it has signed a definitive long term contract (3 years) with a leading TPA in Northeast region to provide claims processing services. The client was suitably impressed with Tēla's delivery capabilities and higher service standards to select Tēla over several other competing onshore and offshore companies. The client currently processes several thousand claims per day and expects to reduce its processing costs significantly through the efficient and cost-effective services of Tēla. The process is expected to go live in December. The use of offshore resources was a strategic decision by the TPA to bring its costs under control, improve its quality and turn-around time and make it more competitive in the marketplace. The ability of Tēla to provide value added services including adjudication, enrollment etc. played a significant role in the TPA's strategic decision making and differentiated Tēla from the competition.

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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