This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

General Dynamics To Support Centers For Medicare & Medicaid Services Virtual Research Data Center

Stocks in this article: GD

FAIRFAX, Va., April 2, 2014 /PRNewswire/ -- General Dynamics Information Technology, a business unit of General Dynamics (NYSE: GD), is supporting the Centers for Medicare & Medicaid Services' new Virtual Research Data Center (VRDC), which launched in November 2013. 

The VRDC is a remotely accessible analytics environment that provides researchers with electronic access to the most comprehensive, up-to-date Medicare data sets available.  With this data, researchers can offer data-driven innovative recommendations on a broad range of Medicare initiatives such as preventing improper payments, measuring the quality of care delivered and comparing the effectiveness of various treatment approaches.

Previously the Centers for Medicare & Medicaid Services (CMS) prepared and shipped encrypted data files to fill each researcher's request. To improve healthcare quality and efficiency, the VRDC will help researchers access data in a timelier manner, at a lower cost, and will provide them with a variety of tools to analyze the data. It also provides greater security controls for data access restrictions and protection of privacy data. In the VRDC, sensitive information about individual beneficiaries never leaves the CMS data environment, and researchers access the data through a secure virtual desktop. The VRDC environment will accommodate up to 300 researchers.

"CMS is the nation's largest health insurer, maintaining data for more than one billion Medicare claims per year," said Marcus Collier, senior vice president of General Dynamics Information Technology's Health and Civilian Solutions division. "We look forward to putting our experience developing highly advanced solutions for collecting, warehousing, managing, analyzing and reporting large volumes of healthcare data toward this innovative resource that provides researchers with greater data access, security and transparency."

General Dynamics is providing information technology services in support of the VRDC including data analytics, infrastructure development and maintenance, and training and technical assistance. Work is being performed in Des Moines, Iowa; Owings Mills, Md.; and Warrenton, Va.

General Dynamics has delivered a range of health IT support to CMS for more than 30 years, including for the Health Care Quality Improvement System, the Chronic Condition Data Warehouse, the Retiree Drug Subsidy program, the Drug Data Processing System and the Payment Reconciliation System.  The company was also recently an awardee on the CMS Measure & Instrument Development and Support indefinite delivery, indefinite quantity contract.

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!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

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