STOCK TITAN

Leidos awarded Medicaid Enterprise Systems Integrator contract

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Leidos (NYSE: LDOS), a Fortune 500 company, has been awarded the Medicaid Enterprise Systems Integrator contract by North Dakota Health and Human Services. Announced on July 9, 2024, the contract involves transitioning North Dakota's existing Medicaid Management Information Systems to a modern, integrated, and secure modular system. Liz Porter, President of Leidos Health & Civil Sector, highlighted that the modernization will enhance healthcare experiences for patients, providers, and administrators. The project aims to improve health outcomes and ensure efficient and economical Medicaid program management. Leidos will utilize its expertise in technology modernization to deliver tailored solutions that support data-driven decision-making. The modernization effort will involve optimizing data management, ensuring interoperability, and executing a seamless system transition.

Positive
  • None.
Negative
  • None.

RESTON, Va., July 9, 2024 /PRNewswire/ -- Leidos (NYSE: LDOS), a Fortune® 500 innovation company, has been awarded the Medicaid Enterprise Systems Integrator contract by North Dakota Health and Human Services. Leidos will provide systems integration support to transition North Dakota's existing Medicaid Management Information Systems to an integrated, scalable, and secure modular system.

"Transitioning North Dakota's legacy Medicaid systems to a modern system will help provide a better healthcare experience for patients, providers and administrators," said Liz Porter, Leidos Health & Civil Sector President. "Building on our strength of innovation and proven expertise in technology modernization, we look forward to delivering tailored solutions that empower data-driven decision making. This modernization project will help position North Dakota to embrace and harness future advancements."

Leidos will support North Dakota's goals of improving health outcomes and ensuring efficient, effective, and economical management of its Medicaid program through Medicaid Enterprise Systems (MES) modernization. MES involves a comprehensive set of technologies and solutions that manage and administer benefits in compliance with federal and state regulations. Leidos will collaborate with North Dakota Health and Human Services to meet the unique challenges of modernizing MES, optimizing data management, ensuring interoperability, and executing seamless transition.

To learn more, read about Leidos' Medicaid systems solutions or visit www.leidos.com/civilian-health.

About Leidos

Leidos is a Fortune 500® innovation company rapidly addressing the world's most vexing challenges in national security and health. The company's global workforce of 47,000 collaborates to create smarter technology solutions for customers in heavily regulated industries. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $15.4 billion for the fiscal year ended December 29, 2023. For more information, visit www.leidos.com

Certain statements in this announcement constitute "forward-looking statements" within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission (SEC). These statements are based on management's current beliefs and expectations and are subject to significant risks and uncertainties. These statements are not guarantees of future results or occurrences. A number of factors could cause our actual results, performance, achievements, or industry results to be different from the results, performance, or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the "Risk Factors" set forth in Leidos' Annual Report on Form 10-K for the fiscal year ended December 29, 2023, and other such filings that Leidos makes with the SEC from time to time. Readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Leidos does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.

Contact:

Melissa Dueñas
(571) 526-6850
duenasml@leidos.com

Alyssa Pettus
(571) 526-6743
alyssa.t.pettus@leidos.com

Brandon Ver Velde
(571) 526-6257
brandon.p.vervelde@leidos.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/leidos-awarded-medicaid-enterprise-systems-integrator-contract-302191078.html

SOURCE Leidos Holdings, Inc.

FAQ

What contract did Leidos (LDOS) recently secure?

Leidos (NYSE: LDOS) secured the Medicaid Enterprise Systems Integrator contract with North Dakota Health and Human Services.

When was the Leidos Medicaid contract announced?

The Leidos Medicaid contract was announced on July 9, 2024.

What is the purpose of the Medicaid Enterprise Systems Integrator contract awarded to Leidos (LDOS)?

The purpose of the contract is to modernize North Dakota's Medicaid Management Information Systems into an integrated, secure, and scalable modular system.

Who is leading the Medicaid modernization project for Leidos (LDOS)?

Liz Porter, President of Leidos Health & Civil Sector, is leading the Medicaid modernization project.

How will the Leidos (LDOS) contract benefit North Dakota's Medicaid program?

The contract will improve health outcomes, enhance patient, provider, and administrator experiences, and ensure efficient management of the Medicaid program.

What expertise does Leidos (LDOS) bring to the Medicaid modernization project?

Leidos brings proven expertise in technology modernization and tailored solutions that support data-driven decision-making.

What challenges will Leidos (LDOS) address in modernizing North Dakota's Medicaid systems?

Leidos will address challenges such as optimizing data management, ensuring interoperability, and executing a seamless system transition.

What technologies are involved in the Medicaid Enterprise Systems (MES) modernization by Leidos (LDOS)?

The MES modernization involves a comprehensive set of technologies and solutions for managing and administering Medicaid benefits in compliance with federal and state regulations.

Leidos Holdings, Inc.

NYSE:LDOS

LDOS Rankings

LDOS Latest News

LDOS Stock Data

18.99B
131.91M
1.04%
78.75%
1.43%
Information Technology Services
Services-computer Integrated Systems Design
Link
United States of America
RESTON