CSC Wins Enterprise System Development Contract For Medicare, Medicaid Services

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Computer Sciences Corporation (NYSE: CSC) announced today that it is one of 16 firms selected by the Centers for Medicare and Medicaid Services (CMS) to provide information technology (IT) services for its Enterprise Systems Development program. The total ceiling value of the indefinite-delivery, indefinite-quantity contract for all 16 firms, which has a one-year base period and nine one-year options, is $4 billion.

CSC estimates the total potential value of its portion of the contract, which will be derived from bidding and winning competitive delivery orders, to be $200 million.

Under the terms of the contract, CSC will provide software development and maintenance, and systems integration for the CMS. In addition, CSC will continue its 10-year support of CMS software initiatives, including the development and deployment of the Medicare Advantage Prescription Drug system (MARx) and maintenance of the Common Working File.

“We look forward to expanding our work with the CMS to help the agency achieve its vision of a transformed and modernized health care system,” said James W. Sheaffer, president of CSC’s North American Public Sector business unit. “This award illustrates the CMS’ confidence in our ability to deliver sound operational results as it supports millions of citizens’ needs for health care coverage.”-CSC release

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Posted October 7th, 2007 by harminka