CHANTILLY, Va., April 7, 2020 /PRNewswire/
-- Perspecta Inc. (NYSE: PRSP), a leading U.S.
government services provider, announced today that it has received
a follow-on task order award to continue work on the Centers for
Medicare & Medicaid Services (CMS) Virtual Data Center Prime
(VDCP) contract to host and improve efficiency of Medicare Part A
and Part B Common Working File (CWF) claims processing. The task
order has a one-year base period plus four option years and is
valued at $36.4 million. Work on this
federal program will be performed in Tulsa, Oklahoma.
Under this task order, Perspecta will process Medicare
eligibility claims/queries daily from three shared systems, send
claims to the Fraud Prevention System for fraud pre-screening and
then return CWF responses back to the shared systems with the
current Medicare beneficiary eligibility information. The Perspecta
Medicare CWF workload includes the processing for more than 44
million Medicare Fee-For-Service beneficiaries in the United States and its territories;
representing an average processing volume of 6.5 million claims
daily.
"As the hosting provider of all four claims processing
environments, we appreciate our customers' confidence in selecting
us to perform this follow-on work," said Bill Lovell, senior vice president and general
manager of Perspecta's health group. "CMS is one of Perspecta's
longest-standing customers and this award is a true testament of
our unrelenting innovation and success. We look forward to
continuing our partnership with CMS in support of its mission to
modernize its systems and processes."
Perspecta has supported the Medicare program since its inception
in the mid-1960s. In addition to providing hosting and support for
four Medicare Fee-for-Service (FFS) claims processing systems,
Perspecta also provides operations and maintenance support for the
Medicare FFS Part A and Part B claims processing systems that
adjudicate more than 1.2 billion claims annually as well as the CMS
Integrated Data Repository that is the centerpiece of CMS'
Enterprise Data Warehouse strategy.
About Perspecta Inc.
At Perspecta (NYSE: PRSP), we question, we seek and we solve.
Perspecta brings a diverse set of capabilities to our U.S.
government customers in defense, intelligence, civilian, health
care and state and local markets. Our 270+ issued, licensed and
pending patents are more than just pieces of paper, they tell the
story of our innovation. With offerings in mission services,
digital transformation and enterprise operations, our team of
14,000 engineers, analysts, investigators and architects work
tirelessly to not only execute the mission, but build and support
the backbone that enables it. Perspecta was formed to take on big
challenges. We are an engine for growth and success and we enable
our customers to build a better nation. For more information
about Perspecta, visit perspecta.com.
This press release may contain forward-looking statements.
These forward-looking statements are made on the basis of the
current beliefs, expectations and assumptions of the management of
Perspecta and are subject to significant risks and uncertainty.
Readers are cautioned not to place undue reliance on any such
forward-looking statements. All such forward-looking statements
speak only as of the date they are made, and Perspecta undertakes
no obligation to update or revise these statements, whether as a
result of new information, future events or otherwise. Although
Perspecta believes that the expectations reflected in these
forward-looking statements are reasonable, these statements involve
a variety of risks and uncertainties that may cause actual results
to differ materially from what may be expressed or implied in these
forward-looking statements.
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SOURCE Perspecta Inc.