RESTON,
Va., Jan. 6, 2025 /PRNewswire/
-- Leidos (NYSE:LDOS) today announced that its wholly
owned subsidiary, QTC Medical Services, operating under the brand
name Leidos QTC Health Services, has been awarded a contract by the
Veterans Benefits Administration (VBA) for performing Medical
Disability Examination Services in Regions 1-4.
"With more than 1 million examination cases delivered in 2024,
Leidos QTC Health Services continues to drive innovation and
increase program efficiency for the VBA," said Liz Porter, Leidos Health & Civil Sector
president. "These veteran disability compensation and pension exams
provide a vital service to those who have sacrificed so much for
our nation."
Leidos QTC Health Services has supported the VBA continually
since 1998, expanding services to an average of 63,000 veterans per
month. Continuous innovations have generated far greater program
efficiency, including infusing artificial intelligence and machine
learning to augment processing.
Leidos QTC Health Services also expanded its fleet of mobile
health clinics to provide better access to services for veterans in
rural locations and for those who are homebound. These and other
program improvements are allowing the VBA to provide smarter, more
effective exam services for veterans.
Under the new short-term indefinite delivery/indefinite quantity
(IDIQ) contract, Leidos will provide the exams and associated case
administration services nationwide, including claimant
communication, appointment scheduling, provider training, system
interfaces with VBA IT systems, and medical records
management. With a period of performance of one year and one
optional year, the contract includes performance-based measures of
exam production, average days to complete, average days pending,
quality of service, and customer satisfaction evaluations.
About Leidos
Leidos is an industry and technology leader serving government
and commercial customers with smarter, more efficient digital and
mission innovations. Headquartered in Reston, Virginia, with 48,000 global
employees, Leidos reported annual revenues of approximately
$15.4 billion for the fiscal year
ended December 29, 2023. For more
information, visit www.leidos.com.
Certain statements in this announcement constitute
"forward-looking statements" within the meaning of the rules and
regulations of the U.S. Securities and Exchange Commission
(SEC). These statements are based on management's current
beliefs and expectations and are subject to significant risks and
uncertainties. These statements are not guarantees of future
results or occurrences. A number of factors could cause our actual
results, performance, achievements, or industry results to be
different from the results, performance, or achievements expressed
or implied by such forward-looking statements. These factors
include, but are not limited to, the "Risk Factors" set forth in
Leidos' Annual Report on Form 10-K for the fiscal year ended
December 29, 2023, and other such
filings that Leidos makes with the SEC from time to time. Readers
are cautioned not to place undue reliance on such forward-looking
statements, which speak only as of the date hereof. Leidos does not
undertake to update forward-looking statements to reflect the
impact of circumstances or events that arise after the date the
forward-looking statements were made.
Contact:
Alyssa Pettus
(571) 526-6743
alyssa.t.pettus@leidos.com
Brandon Ver Velde
(571) 526-6257
brandon.p.vervelde@leidos.com
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SOURCE Leidos Holdings, Inc.