21:33:47 EDT Thu 02 May 2024
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CGI Inc
Symbol GIB
Shares Issued 206,366,249
Close 2024-03-19 C$ 159.22
Market Cap C$ 32,857,634,166
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CGI wins contract to modernize CMS's HPMS

2024-03-19 09:07 ET - News Release

Mr. Steve Sousa reports

CGI SELECTED BY CENTERS FOR MEDICARE & MEDICAID SERVICES TO IMPROVE MEDICARE ACCESS FOR MORE THAN 65 MILLION BENEFICIARIES NATIONWIDE

CGI Federal Inc., a wholly owned U.S. operating subsidiary of CGI Inc., has been awarded a single-award, firm-fixed-price contract by the Centers for Medicare & Medicaid Services (CMS) to help improve access to Medicare for millions of beneficiaries by modernizing the agency's health plan management system (HPMS). By evolving the HPMS through advanced technologies, CGI will help CMS optimize the plan enrolment and compliance processes for more than 800 private health and drug plans currently participating in the Medicare Advantage and Medicare Part D (MAPD) programs. The contract includes a one-year base period as well as four one-year option periods for a total contract value of $72-million (U.S.).

CGI will build upon the success of HPMS as a secure, reliable and high-performing system through modernization initiatives such as integrating intelligent automation, leveraging cloud-efficient tools, delivering data analytics and applying agile delivery methodologies. CGI also will apply new and advanced technologies to help meet increasing stakeholder expectations and enhance cybersecurity to address new threat vectors.

"With more than two decades of experience in delivering complex enterprise information technology projects for HPMS, we are proud to extend our support to further advance the CMS HPMS mission and help transform the accessibility of health plans for Medicare beneficiaries through a secure system," said Ksheeraja Velangulam, CGI vice-president, consulting services, and lead for CGI's HPMS engagement. "Through our comprehensive health care industry knowledge and deep technical expertise, we will deliver innovative solutions that enable CMS to meet the evolving expectations of program beneficiaries."

Under the contract, CGI will provide solutions for optimizing the annual life cycle activities required for the successful execution of every MAPD plan as well as strategic business and technical solutions to deliver a full-service website designed to optimize the HPMS user experience. With more than 70 software modules of varying sizes and complexity, HPMS supports critical functions impacting 65 million Medicare beneficiaries enrolling into MAPD health plans. HPMS also features a plan management dashboard, which organizes HPMS data and visually presents key performance indicators for CMS and health plan executives.

"CGI understands the current challenges in operationalizing data for the Medicare, Medicaid and health care marketplace communities," said Steve Sousa, CGI senior vice-president and health and social services business unit lead. "As the need for evolving digital ecosystem interoperability continues to grow, CGI supports CMS to reinvent digital strategies and optimize operations to improve the beneficiary journey and customer experience."

About CGI Federal Inc.

CGI Federal, a wholly owned U.S. operating subsidiary of CGI, is dedicated to supporting federal agencies to provide solutions for defence, civilian, health care, justice, intelligence and international affairs missions. Founded in 1976, CGI is among the largest independent IT (information technology) and business consulting services firms in the world. With 90,500 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services, and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI's fiscal 2023 reported revenue is c$14.3-billion and CGI's shares are listed on the Toronto Stock Exchange (GIB.A) and the New York Stock Exchange (GIB).

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