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The Associated Press November 15, 2010, 10:46AM ET

CSC gets Medicare contract worth up to $230M

Information technology services provider Computer Science Corp. said Monday it received a contract to work on key IT systems from the Centers for Medicare & Medicaid Services that could be worth as much as $230 million.

CSC said the task order includes a six-month contract with six options lasting one year each. If all the options are exercised, CSC will get approximately $230 million.

CSC will provide design and development services, consolidating three groups of applications. It will be responsible for maintaining operations for the standard data processing system, the value based purchasing and the end stage renal disease application groups. Additionally, CSC will support the collection, analysis, reporting and management of claims, clinical, survey and project data from Medicare and Medicaid providers.

Teammates on this contract include 2020 Company, LLC of Falls Church, Va., and General Dynamics Information Technology's ViPS, part of its Health IT Solutions business sector, in Baltimore, Md.

Shares slipped a penny to $46.85 in morning trading.

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