(By Balaseshan) Aerospace and defense giant General Dynamics Corp. (NYSE:GD) said its unit has received a contract worth $20.6 million to provide services for the Indian Health Service's electronic health record and population-health programs.
General Dynamics Information Technology was awarded a task order in April 2012 by the U.S. Department of Health and Human Services. This five-year contract has a potential value of $20.6 million if all options are exercised.
The task order was awarded to provide software engineering and support services for the Indian Health Service's electronic health information system, called the Resource and Patient Management System (RPMS).
Indian Health Service (IHS) healthcare providers use the RPMS electronic health record to direct patient care for American Indian and Alaska Native patients at facilities nationwide, and to provide insight into treatment outcomes and best practices through clinical analytics and population-health measurement tools.
As a core part of this effort, General Dynamics will use its Health Information Exchange Open Source (HIEOS) solution to share data securely among IHS facilities and connect IHS facilities to the Nationwide Health Information Network.
In addition, General Dynamics will integrate and re-engineer legacy applications to meet IHS's evolving business models and take advantage of current and future technology platforms. The Indian Health Service (IHS) is an operating division (OPDIV) within the U.S. Department of Health and Human Services (HHS).
On Thursday, General Dynamics Information Technology received a three-year, indefinite delivery, indefinite quantity contract worth $27.1 million to provide information technology services to the U.S. Naval Meteorology and Oceanography Command.
GD is trading up 0.16% at $63.53 on Friday. The stock has been trading between $53.95 and $74.54 for the past 52 weeks.