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Medicare Computer Deal Could Bring Billions to SAIC

SAIC was one of eight large companies to be awarded a contract from the federal Centers for Medicare and Medicaid Services for business application development and maintenance support services.

The contract includes a base year plus nine one-year options and could have a maximum value of $4 billion, according to a Sept. 26 SAIC press release.

SAIC spokeswoman Melissa Koskovich said there is no way to know how much the firm would actually get and it could theoretically get nothing since CMS has yet to put out task orders on the project and select actual contractors.

“It’s basically a license to hunt,” Koskovich said.

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If it obtains the work order, SAIC would provide the design, development and maintenance for CMS automated systems and application software. Work on the contract will be performed mainly in Baltimore.

Based in San Diego, SAIC had annual revenue of about $8.3 billion for its last fiscal year ended in January, and has more than 44,000 employees, including more than 4,200 locally.

, Mike Allen

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