Oklahoma contract adds 18 jobs at Spectera Inc.

MARYLAND WATCH

December 11, 1998

Spectera Inc. landed a health insurance-management contract with the state of Oklahoma that has added 18 jobs at the company, most of them in Baltimore.

The Oklahoma contract, covering 150,000 people for five years, is the first state-government work for Spectera's CARE case-management division. It goes into effect Jan. 1 and will be administered mainly from Baltimore, although Spectera also is opening an office in Oklahoma City.

Odie A. Nance, chief of the Oklahoma State and Education Employee Group Insurance Plan, called Spectera "the most qualified vendor at the most affordable cost" in a news release issued by Spectera.

David Hall, Spectera's chief executive officer, said the contract "will produce substantial revenue" and "provide a gateway to more business in Oklahoma."

Spectera, a Baltimore-based concern with $70 million in annual revenue, will be responsible for issuing doctors' credentials in Oklahoma, managing the state's preferred provider network, setting up an Internet site for doctors and patients and managing health services delivery to Oklahoma employees.

Pub Date: 12/11/98

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