This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Booz Allen Announces Recent Healthcare Contract Wins

Booz Allen Hamilton maintains a strong history and commitment of working across all government and commercial healthcare segments, helping clients respond to complex challenges.

Today, Booz Allen Hamilton announced that it has won 35 healthcare contracts, totaling more than $112 million, in August and September 2012 to support a wide range of federal healthcare agencies and private organizations.

Reggie Van Lee, Executive Vice President and head of Booz Allen’s federal health businesses said of the wins: “Booz Allen is pleased to continue to support our government clients in their core missions. These contracts demonstrate the momentum Booz Allen’s healthcare team has established, helping clients develop solutions in a complex and evolving health care environment. Booz Allen’s expertise in healthcare is drawn from more than a decade of working with the federal government and the private sector in developing innovative solutions to meet their new and ever-changing challenges.”

Notable wins include:

             

Contracting

Authority and/or

Vehicle

    Dollar Value     Description
Centers for Medicare & Medicaid Services (CMS), Consumer Information and Insurance Systems Group (CIISG) Exchange Operational Integration Support     $26 million     Booz Allen Hamilton will provide program and project management, strategic planning and analysis, communications, requirements development and analysis, business analysis, and architecture support.
National Institutes of Health (NIH)/U.S. Department of Health and Human Services (HHS)/National Health Lung & Blood Institute (NHLBI)     $18.5 million     Booz Allen will provide Information Technology support services to strategically inform specified audiences and other stakeholders of the groundbreaking research at the NHLBI and for the fulfillment of its mission.
U.S. Navy/U.S. Navy Marine Corps Public Health Center     $16.8 million     Provide resources in support of Navy Medicine: to provide an infrastructure of personnel, materials, equipment, facilities, science, and technology that will sustain an acceptable level of medical research.
U.S. Health and Human Services (HHS)/Centers for Medicare and Medicaid Services (CMS)     $16 million     Booz Allen Hamilton will fulfill the statutory and regulatory requirements of the ACA (Sec. 1311) specifically the quality rating system and quality improvement strategy.
       

Forward-Looking Statements

This press release contains, or may be deemed to contain, “forward-looking statements” (as defined in the U.S. Private Securities Litigation Reform Act of 1995). Examples of forward-looking statements include information concerning the value of the contract award and Booz Allen Hamilton’s future performance under the contract. These statements give Booz Allen Hamilton’s current expectation of future events or its future performance and do not relate directly to historical or current events. A number of factors could cause Booz Allen Hamilton’s future actions and related results to vary from any expectations or goals expressed in, or implied by, the forward-looking statements included in this press release, possibly to a material degree. Some of these factors include, but are not limited to, the risk factors set forth in Booz Allen Hamilton’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on June 8, 2011. All forward-looking statements included in this press release speak only as of the date made, and, except as required by law, Booz Allen Hamilton undertakes no obligation to update or revise publicly any such forward-looking statements, whether as a result of new information, future events, or otherwise.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,265.99 +109.14 0.64%
S&P 500 2,011.36 +9.79 0.49%
NASDAQ 4,593.4250 +31.2360 0.68%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs