STOCK TITAN
The best stock market news and trading tools all in one place—your must-have platform for investing success.
A must-have platform for stock market information, offering the best tools and updates to supercharge your trading.
Your trusted source for the best stock market news, trading tools, and expert advice. Everything traders need, in one place.

Accenture Federal Services Awarded Prime Role on $650M Department of Veterans Affairs Healthcare Innovation Contract

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Accenture Federal Services (a subsidiary of Accenture) has been awarded a contract by the Department of Veterans Affairs for innovative healthcare technology solutions under the Accelerating VA Innovation and Learning (AVAIL) program. This five-year contract has a ceiling of $650 million and aims to fast-track healthcare innovations, incorporating technologies like AI and telehealth. Accenture will compete for task orders to further develop these solutions, enhancing value for veterans and healthcare providers.

Positive
  • Awarded a $650 million AVAIL contract with the Department of Veterans Affairs.
  • Opportunity to introduce AI and telehealth technologies to improve veteran healthcare.
Negative
  • None.

ARLINGTON, Va.--(BUSINESS WIRE)-- Accenture Federal Services (AFS), a subsidiary of Accenture (NYSE: ACN), has earned a spot on a Department of Veterans Affairs (VHA) contract that will deliver innovative healthcare technology solutions that can be scaled into clinical production. The Accelerating VA Innovation and Learning (AVAIL) contract provides VHA and the Office of Healthcare Innovation and Learning (OHIL) with the ability to fast-track the design, development, and testing of healthcare innovations.

Shawn Roman, VA Client Account Lead for Accenture Federal Services (Photo: Business Wire)

Shawn Roman, VA Client Account Lead for Accenture Federal Services (Photo: Business Wire)

“The VHA is the largest integrated health care system in the United States and has long been a pioneer of healthcare innovation,” said Shawn Roman, Accenture Federal Services’ VA Client Account Lead. “We look forward to building upon our trusted partnership with the VA to deliver this next phase of innovation, which includes emerging technologies such as artificial intelligence, machine learning and telehealth, to help deliver meaningful value for clinicians, administrators, caregivers, and most importantly, veterans.”

The AVAIL contract has a ceiling of $650 million. Accenture Federal Services will now compete for task orders on this five-year indefinite-delivery, indefinite quality contract vehicle.

About Accenture Federal Services

Accenture Federal Services, a wholly owned subsidiary of Accenture LLP, is a U.S. company headquartered in Arlington, Virginia. We serve every Cabinet-level department and 30 of the largest federal organizations. Accenture Federal Services transforms bold ideas into breakthrough outcomes for clients at defense, national security, public safety, civilian and military health organizations. Visit us at accenturefederal.com

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 710,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners, and communities. Visit us at accenture.com.

Donna Savarese

Accenture

+1 301 250 0660

donna.savarese@accenturefederal.com

Source: Accenture

FAQ

What is the significance of the $650 million contract awarded to Accenture (ACN) by the VA?

The contract allows Accenture to develop healthcare technologies for veterans, enhancing service delivery and innovation.

How long is the AVAIL contract with the Department of Veterans Affairs?

The AVAIL contract is structured as a five-year indefinite-delivery, indefinite-quality contract.

What technologies will Accenture (ACN) implement under the VA contract?

Accenture plans to utilize AI, machine learning, and telehealth technologies in their healthcare solutions.

What role does Accenture Federal Services play in this VA contract?

Accenture Federal Services will compete for task orders to design, develop, and test innovative healthcare solutions for the VA.

Accenture PLC

NYSE:ACN

ACN Rankings

ACN Latest News

ACN Stock Data

228.12B
624.69M
0.07%
73.08%
0.92%
Information Technology Services
Services-business Services, Nec
Link
United States of America
DUBLIN