Perot Systems Earns 'Best Partnership' Top Honor in Three of the Last Four Years PLANO, Texas, May 21
PLANO, Texas, May 21 /PRNewswire-FirstCall/ -- Perot Systems Corporation
(NYSE: PER) and Harvard Pilgrim Health Care were named by the Outsourcing
Center as the "Best Partnership," in the distinguished 2008 Outsourcing
Excellence Awards. Sponsored by the Everest Group and Forbes magazine, these
awards honor the most outstanding outsourcing relationships worldwide. Perot
Systems also received a separate award, along with the National Life Group,
for 'Best First Steps' by the Outsourcing Center.
Perot Systems and Harvard Pilgrim were selected by a panel of industry
experts after a rigorous review of all components of relationship structure as
well as outcomes achieved. The Best Partnership award is given to the
relationship the judges believe is the most outstanding example in both
establishing a partnering mindset at the outset of the relationship and
continuing to mutually demonstrate that mindset through behaviors and
decisions surrounding the ongoing business, challenges, and opportunities.
"This award illustrates what an extraordinary partnership Harvard Pilgrim
and Perot Systems have. Perot Systems is committed to Harvard Pilgrim's
success, and that commitment has enabled us to improve our level of service
for our customers while achieving significant operational efficiencies,"
states Charles D. Baker, President and CEO of Harvard Pilgrim.
"During our eight-year relationship, Harvard Pilgrim has undergone a
remarkable transformation. Perot Systems is very proud to have participated
in Harvard Pilgrim's achievements. This award from the Outsourcing Center
serves as validation of the hard work and commitment that our teams have
collectively demonstrated in pursuit of Harvard Pilgrim's mission of improving
the health of the people they serve," added Peter Altabef, President and CEO
of Perot Systems.
"The companies in this relationship demonstrated a remarkable amount of
flexibility as both companies' business environments and objectives changed
through crises that occurred several times over the years. The way they stood
shoulder to shoulder and supported each other with strategic partnering
behaviors is truly outstanding," said Debra Floyd, COO, Outsourcing Center and
Director, Outsourcing Excellence Awards program. Floyd specifically noted that
as a result of this relationship, Harvard Pilgrim recently extended its
contract with Perot Systems by signing a $1 billion dollar agreement until the
year 2021.
"With so many nominations that represent the best outsourcing arrangements
worldwide, it is difficult each year for the judging panel to select the Best
Partnership. However, the Perot Systems and Harvard Pilgrim relationship was
almost a unanimous decision for Best Partnership," added Floyd.
The receipt the 2008 award marks the third time in four years that Perot
Systems has received the "Best Partnership" award from the Outsourcing Center.
In 2004, Perot Systems received this top honor with Owens & Minor and again in
2007 with Old Mutual Financial Network. In 2006, Perot Systems and Vanguard
Car Rental received the "Best ITO" award.
Stories of the winning relationships, published by Outsourcing Center,
will be available online in the August issue of Outsourcing Journal
(http://www.outsourcing-journal.com).
Perot Systems is one of the largest providers of consulting, business
process, and technology-based solutions for the healthcare industry. Perot
Systems is rated as the #1 IT vendor by both healthcare provider and payer
clients in the Blackbook of Outsourcing's Healthcare Industry client survey.
Additionally, Perot Systems ranks first in Modern Healthcare's Annual
Outsourcing list of top information systems contractors. With more than
100 managed care relationships, including IT, claims administration and
business process support for seven of the top ten health plans, Perot Systems
is committed to transforming the healthcare industry by providing innovative
solutions and implementing the latest processes and technologies in order to
achieve measurable, sustainable results.
About Outsourcing Excellence Awards
The Outsourcing Excellence Awards recognizes the world's most superior
outsourcing arrangements, which demonstrate best practices in creating and
sustaining competitive advantage and business transformation and achieving
value and mutual benefit that increases over time for the client and service
provider. The annual awards program is conducted by Outsourcing Center, an
online community specializing in thought leadership, best practices, and
innovation in outsourcing. The program is sponsored by Everest Group, which
helps companies create customized sourcing strategies and outsourcing
relationships that are tailored to their specific situations, and by Forbes
Special Sections.
About Outsourcing Center
Outsourcing Center is the world's most prominent Internet portal for
authoritative information on outsourcing. It provides a wealth of free
research, case studies, database directories, market intelligence, and
ever-expanding content targeted to outsourcing as a strategic business
solution. The Center also publishes the monthly Outsourcing Journal, with more
than 48,000 subscribers, and presents the annual Outsourcing Excellence
Awards. Please visit http://www.outsourcing-center.com for more information.
About Harvard Pilgrim
Harvard Pilgrim is a not-for-profit health plan that provides a variety of
health benefit options and funding arrangements to more than one million
members in Massachusetts, New Hampshire and Maine. For more information,
please visit http://www.harvardpilgrim.org. In the fall of 2007, for the third
consecutive year, Harvard Pilgrim was named the #1 commercial health plan in
America according to a joint ranking by U.S. News & World Report and the
National Committee for Quality Assurance (NCQA)*.
About Perot Systems
Perot Systems is a worldwide provider of information technology services
and business solutions. Through its flexible and collaborative approach, Perot
Systems integrates expertise from across the company to deliver custom
solutions that enable clients to accelerate growth, streamline operations and
create new levels of customer value. Headquartered in Plano, Texas, Perot
Systems reported 2007 revenue of $2.6 billion. The company has more than
23,000 associates located in North America, Europe, MENA and Asia. Additional
information on Perot Systems is available at http://www.perotsystems.com/.
This press release contains forward-looking statements that are subject to
known and unknown risks and uncertainties that could cause actual results to
differ materially from those expressed or implied by such statements. For
factors that could affect our business and cause actual results to differ
materially, please refer to our Annual Report on Form 10-K for the fiscal year
ended December 31, 2007, as filed with the U.S. Securities and Exchange
Commission and available at http://www.sec.gov/, as updated in our Quarterly
Reports on Form 10-Q filed after such Form 10-K, for additional information
regarding risk factors. We disclaim any intention or obligation to revise any
forward-looking statements whether as a result of new information, future
developments, or otherwise.
*"America's Best Health Plans" is a trademark of U.S. News & World Report.
The source for this data is Quality Compass(R) 2005, 2006 and 2007 and is used
with the permission of the National Committee for Quality Assurance (NCQA).
Quality Compass is a registered trademark of NCQA. NCQA is a private,
non-profit organization dedicated to improving health care quality.
Media Contact:
Perot Systems
Corporation
Jonathan Moss
+1 972 577 6395
Jonathan.Moss@ps.net
SOURCE Perot Systems Corporation
