Perot Systems Earns 'Best Partnership' Top Honor in Three of the Last Four
Years
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
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Related links:
http://www.perotsystems.com
http://www.harvardpilgrim.org
http://www.prnewswire.com/comp/122686.html /
CONTACT:
Jonathan Moss of Perot Systems Corporation,
+1-972-577-6395, Jonathan.Moss@ps.net
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