IT: WellPoint signs $750 million deal with IBM

WellPoint said on Wednesday that it has signed a seven-year deal with IBM worth $719 million. The contract is the latest high-profile move in health care for Big Blue, which set tongues wagging earlier this year when it announced that it will focus on the sector. The news means that about 360 information technology jobs at WellPoint will move over to IBM.  

- see this story from LA Times

PLUS: First Consulting Group announced a Q2 loss of $0.9m on $67.9m of revenue. It will lote its biggest outsourcing hospital client NY Presbyterian at the end of 2005, but it won two more health system outsourcing IT contracts: Continuum in New York and Centura in Colorado. Release