Program Improves Service to Veterans by Converting and Handling Claims More Efficiently
Falls Church, Va. / CRWEPRESSRELEASE / February 9, 2016 - CSRA Inc. (NYSE:CSRA), a leading provider of next-generation IT solutions and professional services to government organizations, today announced its operating subsidiary, SRA International, Inc., was awarded one of two Intake, Conversion, and Mail Handling Services (ICMHS) task orders. The ICMHS program improves the Veterans Benefits Administration’s paperless processing of Veterans’ disability claims by reducing the time required to establish, develop, rate, adjudicate, and pay the claims. The five-year task order is valued at $233 million, if all options are exercised.
“As a manager of more than 30 programs in support of the VA, CSRA has a deep understanding of the VA’s mission to provide first-class care and robust benefits to our nation’s Veterans,” said Paul Nedzbala, executive vice president, Health group. “Our execution of the ICMHS program will support veterans and the Veterans Administration by dramatically reducing the time it takes to process disability compensation claims.”
CSRA teams in Kentucky and Georgia are leading the ICMHS program by receiving the benefits claims material, converting the claims into paperless content and assisting mail handler services as they upload and process up to 18 million or more files every month into the VA’s benefit management system.
The contract falls under the Department of Veterans Affairs Transformation Twenty-One Total Technology (T4) contract vehicle.
Every day CSRA (NYSE: CSRA) makes a difference in how the government serves our country and our citizens. We deliver a broad range of innovative, next-generation IT solutions and professional services to help our customers modernize their legacy systems, protect their networks and assets, and improve the effectiveness and efficiency of mission-critical functions for our warfighters and our citizens. Our 19,000 employees understand that success is a matter of perseverance, courage, adaptability and experience. CSRA is headquartered in Falls Church, Virginia. To learn more about CSRA, visit www.csra.com.
All statements in this press release and in all future press releases that do not directly and exclusively relate to historical facts constitute “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements represent CSRA’s intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, many of which are outside the control of CSRA. These factors could cause actual results to differ materially from such forward-looking statements. For a written description of these factors, see the section titled “Risk Factors” in CSRA’s registration statement on Form 10 and any updating information in subsequent SEC filings. CSRA disclaims any intention or obligation to update these forward-looking statements whether as a result of subsequent event or otherwise, except as required by law.
Shannon N. Booker