Ventera Wins HHS Contract
McLean, VA - February 18, 2003 - Ventera Corporation today announced that
it is one of six small businesses awarded the Professional Information
Technology Services contract to provide a full range of IT services to the
Centers for Medicare & Medicaid Services (CMS), a federal agency within
the U.S. Department of Health and Human Services.
Under the agreement Ventera will help CMS modernize the way in which it
handles information related to Medicare and Medicaid programs and provide
a higher level of service to individuals under the programs. Specific
activities will include software development, software and systems
documentation, project management and IT training. The maximum value
of the contract is $600 million. It includes a one-year base period
with four one-year options.
Robert Acosta, CEO of Ventera, said, "We're excited that CMS
has chosen Ventera to help modernize the way in which it uses
information technology to serve its constituents in Medicare,
Medicaid and other programs. Our team can provide strong support
to all areas in CMS in which better information technology means
better service to clients."
About Ventera
Ventera is an information technology (IT) professional
services company with a consistent track record of earning
client trust through proven performance. By providing the
right people, processes and technology, Ventera helps
clients achieve absolute success in realizing the full
business potential of technology. Ventera's IT services
span the technology lifecycle and include IT strategy and
technology consulting; full lifecycle, web-based application
development; systems integration; independent verification
and validation; and program and project management. Clients
include Nextel, Fannie Mae, the Centers for Medicare &
Medicaid Services, the U.S. Department of Agriculture, the
Securities and Exchange Commission, and the U.S. Navy.
About CMS
The Centers for Medicare & Medicaid Services (CMS), a
division of the U.S. Department of Health & Human Services (HHS),
is responsible for administering health-related programs that
benefit 75 million Americans. Programs include Medicare;
Medicaid; SCHIP (State Children's Health Insurance), a
program expected to cover many of the 10 million uninsured
children in the United States; HIPAA (Health Insurance
Portability and Accountability Act); CLIA (Clinical
Laboratory Improvement Amendments) and several others.
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