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CACI CACI International Inc

443.15
3.32 (0.75%)
17 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
CACI International Inc NYSE:CACI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  3.32 0.75% 443.15 446.75 438.20 442.85 148,726 01:00:00

CACI Awarded $32 Million Contract to Provide Appeals Case Processing System for U.S. Department of Health & Human Services

22/04/2015 1:00pm

Business Wire


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Work Will Increase Efficiency of the Medicare Appeals Process

CACI International Inc (NYSE:CACI) announced today it was awarded a $32 million task order contract to support the Electronic Case Adjudication and Processing Environment (ECAPE) for the Office of Medicare Hearings and Appeals (OMHA) within the U.S. Department of Health & Human Services. This five-year task order was issued on the General Services Administration Alliant Government-wide Acquisition Contract vehicle. It represents new business in CACI’s Healthcare market area.

OHMA administers appeals for the Medicare program, specifically those related to coverage determinations that reach Level 3 of the claims appeal process. Under this task order contract, CACI will implement ECAPE using a comprehensive case management solution designed to streamline and increase the efficiency of the Medicare appeals process, from request for appeal to the final disposition of each case. CACI will provide full lifecycle support for ECAPE, from requirements validation to program sustainment.

CACI has proven expertise in systems integration and the management of large-scale, complex programs such as ECAPE. Additionally, CACI has broad experience using industry-leading case management products. The company will leverage its partnership with MicroPact to quickly and effectively implement ECAPE using MicroPact entellitrak®, the premier appeals case management solution for federal customers.

John Mengucci, CACI’s Chief Operating Officer and President of U.S. Operations, said, “On this contract, CACI will establish a configurable, dynamic system for the Medicare appeals process and ultimately provide enhanced support for our Department of Health & Human Services customer, as well as better service to appellants.”

According to CACI President and Chief Executive Officer Ken Asbury, “This contract with the Office of Medicare Hearings and Appeals, a new customer for CACI, expands our work within the Department of Health & Human Services and demonstrates the capabilities of our rapidly growing healthcare business.”

CACI provides information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian customers. A Fortune magazine World’s Most Admired Company in the IT Services industry, CACI is a member of the Fortune 1000 Largest Companies, the Russell 2000 Index, and the S&P SmallCap600 Index. CACI provides dynamic careers for over 16,300 employees in 120 offices worldwide. Visit www.caci.com.

entellitrak is a registered trademark of MicroPact, Inc.

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 risk factors set forth in CACI’s Annual Report on Form 10-K for the fiscal year ended June 30, 2014, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof.

CACI-Contract

CACI International IncCorporate Communications and Media:Jody Brown, Executive Vice President, Public Relations703-841-7801jbrown@caci.comorInvestor Relations:David Dragics, Senior Vice President, Investor Relations866-606-3471ddragics@caci.com

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