CGI's (GIB) U.S.-Subsidiary Wins CMS Contract for HPMS Revamp
CGI(GIB) Zacks Investment Research·2024-03-20 17:50
CGI’s (GIB) wholly-owned U.S.-subsidiary CGI Federal recently clinched a pivotal contract with the Centers for Medicare & Medicaid Services (CMS) aimed at enhancing Medicare access for more than 65 million beneficiaries nationwide.Under the agreement, CGI will revamp the Health Plan Management System (HPMS), a critical component facilitating Medicare Advantage and Medicare Part D (MAPD) programs.The contract, valued at approximately $72 million, spans a base period of one year with the potential for four ad ...