Project will Extend Cloud Migration and
Modernization of CMS' Healthcare Monitoring and Reporting
Systems
RESTON,
Va., Feb. 29, 2024 /PRNewswire/ -- The U.S.
Department of Health and Human Services (HHS) awarded global
consulting and technology services provider ICF* (NASDAQ:ICFI) two
contract option-year extensions to implement the next phase of
cloud migration and digital modernization of Centers for Medicare
& Medicaid (CMS) systems that monitor and improve healthcare
for Medicare and Medicaid beneficiaries. The contracts, which were
awarded in the third quarter of 2023, have a combined value of
$50 million and will allow ICF to
bring critical modernized capabilities to nursing homes across the
country.
Under the first agreement, ICF will continue to re-platform CMS'
legacy Quality Improvement and Evaluation System onto the agency's
cloud-based Internet Quality Improvement System (iQIES). The new
system will considerably improve the quality, security,
cost-effectiveness and usability of the platform, provide an
intuitive user experience, and improve data transparency for
regulators, policymakers, and consumers. The agreement has a value
of $26 million and a term of nine
months.
Under the second agreement, ICF will continue to develop a new
cloud-based data collection system, Quality Measures Implementation
and Reporting, to modernize the data processing and reporting
aspects of iQIES. The new system will increase efficiencies and
improve the user experience to make it easier for the federal
government, states, providers and other stakeholders to access
critical patient care information. The agreement has a value of
$24 million and a term of 13
months.
"By harnessing our expertise in cloud technology, combined with
our health domain expertise and advanced data and analysis tools,
ICF is helping CMS migrate and build modernized systems that are
scalable, flexible, secure and cost-efficient," said James Morgan, ICF chief operating officer. "With
the improvements made under this contract expansion, these systems
will provide even greater actionable insights and crucial
information that will help shape future healthcare policies and
enable providers, individuals and families to make more informed
decisions about healthcare services."
A leader in cloud modernization solutions, ICF has deployed
hundreds of cloud migration implementations across numerous federal
agencies to help them achieve their mission outcomes. An Amazon Web
Services (AWS) Advanced Tier Services Partner with over 230
certifications and 260 accreditations, ICF has experience
implementing a full range of cloud capabilities from cloud
operations, artificial intelligence (AI), machine learning (ML),
cloud native development, cloud infrastructure, application
modernization and migration, data sharing and more.
ICF combines deep domain expertise with leading-edge
technologies, advanced analytics and human-centered practices to
help federal agencies design technology solutions that reduce
time-to-value. The company's over 2,000 technologists work
hand-in-hand with thousands of industry experts and an expansive
ecosystem of over 30 platform partners to rapidly deliver scalable
technology solutions that accelerate mission readiness, improve
mission outcomes and achieve a step change in productivity.
Read more about ICF's digital modernization services and
technology partnerships.
*The contracts were awarded to ICF Incorporated, LLC, through
its wholly owned subsidiary SemanticBits, LLC, referred to in this
release as "ICF."
About ICF
ICF is a global consulting and technology services company with
approximately 9,000 employees, but we are not your typical
consultants. At ICF, business analysts and policy specialists work
together with digital strategists, data scientists and creatives.
We combine unmatched industry expertise with cutting-edge
engagement capabilities to help organizations solve their most
complex challenges. Since 1969, public and private sector clients
have worked with ICF to navigate change and shape the future. Learn
more at icf.com.
Caution Concerning Forward-looking Statements
Statements that are not historical facts and involve known
and unknown risks and uncertainties are "forward-looking
statements" as defined in the Private Securities Litigation Reform
Act of 1995. Such statements may concern our current expectations
about our future results, plans, operations and prospects and
involve certain risks, including those related to the government
contracting industry generally; our particular business, including
our dependence on contracts with U.S. federal government agencies;
our ability to acquire and successfully integrate businesses; and
the effects of the novel coronavirus disease (COVID-19), or any
other future pandemic, and related national, state and local
government actions and reactions, on the health of our staff and
that of our clients, the continuity of our and our clients'
operations, our results of operations and our outlook. These and
other factors that could cause our actual results to differ from
those indicated in forward-looking statements that are included in
the "Risk Factors" section of our securities filings with the
Securities and Exchange Commission. The forward-looking statements
included herein are only made as of the date hereof, and we
specifically disclaim any obligation to update these statements in
the future.
Contact: Lauren Dyke,
lauren.dyke@ICF.com, +1.571.373.5577
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SOURCE ICF
