Montreal, Canada, August 6, 2002 – BCE Emergis (TSX: IFM), leading
North American provider of e-health solutions and health care cost
management services, today announced a new and expanded agreement
with Sun Life Assurance Company of Canada valued at $30 million over
three years.
Effective August 1, 2002, the renewed contract strengthens and
extends the relationship between the two organizations in which
Emergis provides electronic pharmacy benefit management services,
its cornerstone product in the Canadian market. In addition, Sun
Life Financial has chosen to consolidate its dental claims switching
activities with Emergis.
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“As part of our recent acquisition of
Clarica Life Insurance Company, Sun Life Financial has conducted a
rigorous process to ensure that
we have the right partnership in place to
support the highest quality of service for our clients,” said Greta
Cusworth, Vice President, Group
Benefits, Sun Life Financial Canada. “After
careful consideration and comparison of leading health care
technology companies, we are
confident that we have the right partner in
Emergis, and we are pleased to renew and expand our relationship
with them,” she added. -
With the new agreement in place, Emergis
estimates that it will manage more than 16 million electronic
transactions annually on behalf of
Sun Life Financial and Clarica. -
“We are extremely pleased with the outcome
of this process with Sun Life Financial,” said Fran�ois C�t�,
Executive Vice President, BCE
Emergis. “This confirms our leading position
in the marketplace and we are gratified to have been recognized as
such with this new
agreement. We have the people, the
technology and the commitment to ensure Sun Life Financial’s
continued and long-term satisfaction
with our services,” he said.
BCE Emergis’ eHealth Solutions Group, North
America, serves the transaction-intensive health care industry with
a range of integrated
solutions that simplify administrative
processes, decrease costs and facilitate the highest quality of
care. In the U.S., Emergis’ eHealth
Solutions Group is one of largest provider
networks, working in partnership with more than 500,000 physicians
and 4,800 acute care
hospitals. In Canada, the group is the
largest pharmacy benefit manager in the country, working with six of
the country’s largest payers
and 99% of its pharmacies. Our advanced,
scalable electronic technology solutions transform business
processes, help clients grow their
businesses and advance the health care
industry. BCE Emergis shares (TSX: IFM) are included in the S&P/TSX
Composite index.
