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| [March 11, 2010] |
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Fox Systems Offers Clarification of Relationship with Fox Insurance Company
MCLEAN, Va. --(Business Wire)--
Fox Systems today issued a statement that it is not related to Fox Insurance Company. The Centers for Medicare & Medicaid Services (CMS) recently announced that effective March 9, 2010, it terminated a contract with Fox Insurance Company, which provided services under the Medicare Part D program in 21 states. The Affiliated Fox Group, Inc. (AFGI), the former holding company for Fox Systems, sold all of its interests in Fox Insurance Company and its Part D contract with CMS, to Fox Rx, Inc., a New York based firm, in February 2006. Since this divestiture, Fox Systems has had no role for the provision of services under the Medicare Part D program, including any of the alleged program violations identified by CMS.
Fox Systems continues to provide healthcare IT consulting services to CMS and state Medicaid agencies, including serving as the National Provider Identifier Enumerator, conducting Medicaid Information Technology Architecture State Self Assessments, and supporting Medicaid Management Information Systems procurement and IV&V engagements. We look forward to providing valuable and beneficial services to CMS and state Medicaid agencies for years to come.
About FOX
Fox Systems, a wholly owned subsidiary of Cognosante, is a nationally recognized consulting company that provides information systems and operations services to public and private sector healthcare clients. FOX specializes in consulting services related to large-scale information systems that support state Medicaid programs, Managed Care Organizations, Pharmacy Benefit Managers, and Clearinghouses. Founded in 1987 by Susan J. Fox, PhD., FOX has numerous project locations throughout the country to facilitate completion of major contracts, with more than 25 active projects. Fox Systems is based in Scottsdale, Arizona.
About Cognosante
Cognosante is all about health cognos from the Latin cognosco meaning "to know" and santé meaning "health" in French. Our mission is to deliver high-quality health information solutions, both strategic and operational, for public and private health organizations by providing services and technology, skilled business and technical professionals, and proven solutions and methodologies to address today's growing high cost of health care and resource limitations through information sharing. Our vision is to unsilo information to deliver solutions that enhance the quality, improve the efficiency, and reduce the administrative cost of healthcare. Cognosante is headquartered in McLean, Virginia.
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