CACI Awarded $91 Million Prime Contract to Support Medical Record Sharing for Veterans Affairs Beneficiaries
Virtual Lifetime Electronic Record Initiative Offers Service Members Enhanced Quality and Continuity of Care through Consolidated Database
Arlington, VA, October 25, 2010 - CACI International Inc (NYSE:CACI) announced today that it has been awarded a prime contract to support the comprehensive Department of Veterans Affairs (VA) Virtual Lifetime Electronic Record (VLER) initiative. The Blanket Purchase Agreement has a ceiling value of $91 million over five years and was awarded through the General Services Administration's Schedule 70 contract vehicle. The new work will involve developing an across-the-board solution that will consolidate the medical records of Armed Forces members in an electronic database available to all VA and Department of Defense facilities/providers, as well as to any private, civilian medical offices that service members might use. The award expands the support that CACI's business system solutions functional core competency and Healthcare Solutions Group provides for servicemen and women worldwide.
By seamlessly integrating VA, DoD, and private healthcare provider data, VLER will enhance the quality and continuity of care by ensuring that no veteran has a delay in service as a result of the transition from active duty to veteran status. The objective is to provide a single, coherent, virtual, lifetime electronic record using a data-centric common services approach based on national standards. VLER will provide for health, benefits and personnel data – all within a framework of information assurance; secure, reliable and timely data; auditable access to data; protection of member privacy; member visibility into the data; and role-based access.
CACI has a long history of meeting customer needs by achieving transformational benefits with large-scale healthcare systems, including support for numerous Military Health System applications, as well as the Defense Medical Logistics Standard Support System, which enables every DoD medical facility to efficiently and effectively order, receive, and maintain medical supplies and equipment.
The company's work with the VLER initiative will involve supporting at least ten complementary health-related IT programs which are being brought under a single management structure. These include the Nationwide Health Information Network (NHIN), the infrastructure and connecting services that will allow health providers and networks to share standards-based electronic health information; the Health Data Repository (HDR), a data repository of clinical information that resides on one or more independent platforms; the Administrative Data Repository (ADR), which was established to provide support for administrative data in multiple categories; and the Clinical Health Data Repository (CHDR), a joint effort between the DoD and VA to exchange computable outpatient pharmacy and drug allergy information for shared patients.
According to Bill Fairl, CACI's President of U.S. Operations, "The government healthcare IT market is a key component of CACI's future growth strategy. This new work is an important healthcare game-changer for us, since it gives the company increased presence and stature in the electronic healthcare environment."
CACI President and CEO Paul Cofoni observed that, "This new work with the Department of Veterans Affairs will enable full and direct access to the depth and breadth of CACI's entire IT services portfolio. The support we provide for national priorities is enhanced with the critical help we will provide for our servicemen and women to quickly and accurately access their healthcare records as they serve their nation and transition into civilian life."
CACI provides professional services and IT solutions needed to prevail in the areas of defense, intelligence, homeland security, and IT modernization and government transformation. We deliver enterprise IT and network services; data, information, and knowledge management services; business system solutions; logistics and material readiness; C4ISR integration services; cyber solutions; integrated security and intelligence solutions; and program management and SETA support services. CACI services and solutions help our federal clients provide for national security, improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. CACI is a member of the Fortune 1000 Largest Companies and the Russell 2000 index. CACI provides dynamic careers for approximately 12,900 employees working in over 120 offices in the U.S. and Europe. Visit CACI on the web at www.caci.com and www.asymmetricthreat.net.
There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the following: regional and national economic conditions in the United States and the United Kingdom, including conditions that result from a prolonged recession; terrorist activities or war; changes in interest rates; currency fluctuations; significant fluctuations in the equity markets; changes in our effective tax rate; valuation of contingent consideration in connection with business combinations; failure to achieve contract awards in connection with recompetes for present business and/or competition for new business; the risks and uncertainties associated with client interest in and purchases of new products and/or services; continued funding of U.S. government or other public sector projects, based on a change in spending patterns, or in the event of a priority need for funds, such as homeland security, the war on terrorism or rebuilding Iraq, or an economic stimulus package; government contract procurement (such as bid protest, small business set asides, loss of work due to organizational conflicts of interest, etc.) and termination risks; the results of government investigations into allegations of improper actions related to the provision of services in support of U.S. military operations in Iraq; the results of government audit and reviews conducted by the Defense Contract Audit Agency or other governmental entities with cognizant oversight; the insourcing of contractor positions by the government; individual business decisions of our clients; paradigm shifts in technology; competitive factors such as pricing pressures and/or competition to hire and retain employees (particularly those with security clearances); market speculation regarding our continued independence; material changes in laws or regulations applicable to our businesses, particularly in connection with (i) government contracts for services, (ii) outsourcing of activities that have been performed by the government, and (iii) competition for task orders under Government Wide Acquisition Contracts (“GWACs”) and/or schedule contracts with the General Services Administration; the ability to integrate the operations of our recent acquisitions; our own ability to achieve the objectives of near term or long range business plans; and other risks described in the Company’s Securities and Exchange Commission filings.
# # #
Corporate Communications and Media:
Jody Brown, Executive Vice President, Public Relations
(703) 841-7801, jbrown@caci.com
Investor Relations:
David Dragics, Senior Vice President, Investor Relations
(866) 606-3471, ddragics@caci.com
NEWSLETTER
|
Join the GlobalSecurity.org mailing list |
|
|