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Business News
Employers cut 533K jobs in Nov., most in 34 years- Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic proof the country is careening deeper into recession.
- News of a rapidly weakening job market is sending stocks lower in early trading.
Thailand reopens main international airport- Dancers, drummers and apologetic tourism officials greeted travelers Friday at the official reopening of Thailand's main international airport, which was shut down for a week by anti-government protesters.
US general spells out Iraq mission under new pact- A security pact that sets a timetable for troops to leave Iraq requires a shift in how the U.S. carries out combat missions during its remaining time in the country, the top U.S. military commander in Iraq said Friday.
- Stock intended to eventually earn taxpayers a profit as part of the Bush administration's massive bank bailout has lost a third of its value - about $9 billion - in barely one month, according to an Associated Press analysis. Shares in virtually every bank that received federal money have remained below the prices the government negotiated.
Auto bailout could be tied to gov't-run overhaul- The government would order a major restructuring of Detroit's struggling Big Three auto companies in exchange for a multibillion-dollar bailout under a plan circulating in Congress.
- Barack Obama, who rewrote the book on presidential fundraising, amassed more than $745 million during his marathon campaign, more than twice the amount obtained by his rival, Republican John McCain.
Hollywood's No. 1 women: Winfrey and Jolie- Oprah Winfrey tops The Hollywood Reporter's Power 100 list, an annual ranking of the most influential women in the entertainment industry.
- Armed robbers - some dressed in drag - made off with euro80 million ($100 million) in loot from a lightning-fast jewelry store theft in central Paris, in what police Friday called one of France's costliest jewel heists.
Giants' Pierce to meet with NYC investigators- Antonio Pierce is finally going to talk to investigators about what he did on the night Plaxico Burress shot himself.
CSC Adds Subrogation Recovery Solution to Hosted Healthcare Offering
FALLS CHURCH, Va.
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FirstPortfolio provides users with a customizable collection of applications that are hosted and maintained by CSC. With My Socrates, FirstPortfolio clients have access to a solution that advances cost management and revenue recovery efforts through subrogation and COB solutions via a central repository.
"The Socrates Inc. subrogation solution is a welcome addition to CSC's
FirstPortfolio service offering," said
"We are delighted to team with CSC," says
FirstPortfolio allows health plans to add new functionality in a fraction of the time required for traditional implementations while reducing financial risk and decreasing capital expenditures. Additionally, health plans benefit from a single contract that includes pre-negotiated prices for applications available through FirstPortfolio and CSC's data center management services.
CSC's Global Healthcare Sector, which serves healthcare providers, health plans, pharmaceutical and medical device manufacturers, and allied industries around the world, is a global leader in transforming the healthcare industry through the effective use of information to improve healthcare outcomes, decision-making and operating efficiency.
About SCIOinspire
A premier provider of cost-management services for the health care community, SCIOinspire offers results-oriented analytics, care management support, revenue recovery and claims management outsourcing solutions. SCIOinspire draws upon an expert pool of clinical, actuarial, legal and analytical resources, complemented by technology and knowledge assets.
About CSC
CSC is a global leader in providing technology-enabled solutions and
services through three primary lines of business. These include Business
Solutions & Services, Global Outsourcing Services and the North American
Public Sector. CSC's advanced capabilities include systems design and
integration, information technology and business process outsourcing,
applications software development, Web and application hosting, mission
support and management consulting. Headquartered in
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