Infosys bags Rs 285 crore contract US state
Infosys bags Rs 285 crore contract US state
NEW DELHI: IT services major Infosys said its subsidiary has been awarded a one-year contract valued at $49.5 million (about Rs 285 crore) the US District of Columbia to develop its health benefit exchange.
NEW DELHI: IT services major Infosys said its subsidiary has been awarded a one-year contract valued at $49.5 million (about Rs 285 crore) the US District of Columbia to develop its health benefit exchange.
The
contract has been awarded to Infosys Public Services, a US-based
subsidiary of Infosys. The Exchange, District of Columbia Access System
(DCAS), is a health and human services solution that will provide
seamless healthcare coverage while minimising risks, the company said.
"The
US District of Columbia awarded Infosys Public Services a one-year
contract valued at $49.5 million to develop its new health benefit
exchange, a crucial component of the Affordable Care Act,"
Bangalore-headquartered Infosys said a BSE filing.
Infosys
Public Services is the prime systems integrator of this healthcare
system transformation that will bring critically important benefits to
nearly one quarter million District residents, it added.
The
firm is currently designing and implementing the new health benefit
exchange and replacing the District's legacy Medicaid and eligibility
systems with new technology that will provide a wide array of services
in compliance with the new healthcare law, it said.
"This
new system will allow the District of Columbia to more easily determine
eligibility and enrol individuals, families, and small businesses,"
Infosys Public Services CEO Eric Paternoster said.
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