Md. Medicare contract awardedIn a bid to pay its Maryland...

BUSINESS DIGEST

June 02, 1994

Md. Medicare contract awarded

In a bid to pay its Maryland doctor bills on time, the federal

agency that manages Medicare said yesterday that it will hire the Blue Cross and Blue Shield plan in Texas to take over processing claims in Maryland.

The new contractor will replace Blue Cross and Blue Shield of Maryland, which gave up its contract to process 7.5 million claims from doctors and other medical providers rather than invest in new systems to improve service.

The company is expected to take over between Oct. 1 and March 31, 1995, Mr. Kavanaugh said.

The Dallas-based contractor has agreed to locate offices in Maryland and to offer positions to Maryland Blue Cross employees whose jobs would be lost when the contract expires, said Bruce Vladeck, administrator of HCFA. As many as 230 people who process claims at the Blues' Timonium office would

be affected.

Manufacturing rose in May

Business at U.S. factories expanded further in May, but more companies reported higher prices and delivery delays as well, a widely followed survey reported yesterday.

The National Association of Purchasing Management's survey showed manufacturing grew in May for the ninth consecutive month. The price index, which had decreased over the last three months, was 71.5 percent, up from 63.2 percent in April and the highest level since October 1990.

Moreover, more companies in the survey reported difficulties delivering materials in May than in April, which could contribute to higher prices.

Accounting program accredited

Towson State University's accounting program has received full accreditation by the American Assembly of Collegiate Schools of Business.

The accounting program is part of the university's School of Business and Economics. It is the first university in the state to receive the accreditation for accounting.

AT&T subsidiary lease

AT&T Automotive Services Inc. has leased 38,000 square feet office space at the Towson Commons complex in the Baltimore County seat, setting the stage for the company to consolidate automobile leasing operations now scattered between Morristown, N.J., and Pittsburgh.

The $7 million, 10-year deal will bring the office portion of the mixed-use complex to 95 percent occupancy.

Discount office goods firm sold

A Pennsylvania office equipment chain is buying OfficProduct Liquidators Inc., a Baltimore-based discount office equipment and furniture retailer with two stores. The purchaser, Business Outlet Inc. of West Reading, Pa., said Office Product Liquidators' employees will continue to staff the stores.

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